Business Summary:
The March Group, LLC currently represents a well-established and profitable graphics production company with diverse technologies, including direct-to-substrate UV flatbed, outdoor solvent and traditional inkjet printing. These enable the Company to provide a range of services and options that far exceed those offered by all other local competitors. Operates in a specialized niche focusing on small to medium production runs (between 1 and 75 prints) and large format signs and displays. Products include full-color signage, banners, display graphics, vehicle wraps, trade show graphics, POP displays and advertising materials. A diversified account base of 350 regular B2B customers includes corporate clients (68% of 2007 revenues), sign shops (17%), advertising agencies (13%), and financial institutions (2%). In 2007, the Company posted revenues of $1.8 million, 57% of which were generated in the firm’s North Carolina market; EBITDA was $329,000. Customized software, along with a recent initiative to renegotiate pricing with vendors and eliminate unprofitable customers, has helped to contribute to significantly higher margins. A recently added “green” product line, which features recyclable print materials and inks that are better for the environment, is opening the Company up to new clients and markets. Infrastructure and procedures in place to produce and ship signage for national retail chains – additional sales personnel could significantly and immediately increase revenue.
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| Facilities / Terms of Lease:
The Company leases an 8,500 sq. ft. facility, which was built to management’s specifications. Comprising production, sales, and office space, the facility is divided into five sections to support technology needs. The Company’s equipment is upgraded every 3 to 5 years and currently includes 5 aqueous inkjet printers, 3 of the latest eco-solvent type printers, a Mimaki Textile Jet printer, 2 HP Designjet 9000’s, 1 HP Designjet 10,000, a CNC router, 2 commercial laminators and a commercial grommet machine. |
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