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Businesses For Sale > Business For Sale in California (CA)

Promotional Products Supplier Specializing in Footwear

California (CA)

Asking Price: Gross: Cash Flow:
Undisclosed $2,400,000 $227,000

Business Summary:
The March Group, LLC currently represents a well-known promotional products supplier specializing in custom imprinted sandals, hand made beach bags, beach mats, and other items. The Company distributes its high quality products to large recognized firms and organizations. Projected to generate revenues of over $2.7M with $307K in EBITDA for the current fiscal year. Over 700 distinct clients in 2007, the Company generates close to 90% of revenues from sales to promotional products distributors with the remainder consisting of direct sales. Considered the originator of the “talking sole”, the Company’s footwear is of the highest quality, with the customer’s logo imprinted on each sandal so as to leave an imprint in the sand. Supplies several types of promotional footwear including traditional flip flops, slides, clog flip flops, and hotel slippers, as well as a variety of other beach accessories. Owns a second brand which markets directly to schools and institutions for fundraising purposes. Maintains two informational and comprehensive websites with product details. Creation of a truly original product in the area of custom footwear can be designed and delivered in as few as 2-3 weeks. Longstanding relationships of over 20 years with international suppliers allow the Company to obtain the best price and highest quality product. They are also part of the “green” trend, using recycled eco-friendly materials.

 

   
Year Business was Established: 1986
   
Number of Employees: 7FT/2PT  
   
Facilities / Terms of Lease: Currently occupies a 6,000 square foot facility in California that serves as the Company’s headquarters. The building and property are leased  
   
Potential Growth/Expansion: The Company’s prospects for future growth are excellent, with opportunities in product portfolio expansion, in-house production, and increased sales and marketing efforts as well as growth in both the Promotional Marketing industry (especially the sandal subset) and the fund raising industry.  
   
Owner willing to train: Following a sale, the active owner would be willing to stay with the Company in his current capacity, for a specified period of time, to ensure an orderly transition of ownership  
   
Seller Reference Number: 2176
BusinessMart.com Listing Number: 44558
 

 

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For more info contact:

Nikki Forbes

The March Group, LLC
469-212-7011

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