Business Summary:
The March Group currently represents a health care provider whose dedication to core values of service, compassion, quality, & responsibility, & 45% EBITDA margins, make it a stand-out. The Company, in business for nearly 11 years, sells, leases & services a line of durable medical equipment, primarily to patients with breathing ailments, pulmonary disease, congestive heart failure, & cancer. Also owns a pharmacy under subcontracted management, which provides medicines complimentary to equipment. Crucial contracts with Humana, Blue Cross & Blue Shield, Cigna, Medicare, & most other major health insurance providers. Exceptional services offered include training by staff technicians, home deliveries, set-up, round-the-clock servicing, & EMT certified drivers. Solid customer base, totals nearly 1,000 patients. Positive relationships with 12 principal suppliers. In 2007, the Company generated EBITDA of $598,000 on revenues of $1.3 million; and sustained revenue & profit growth are expected well into 2012.
|
|
|
| Potential
Growth/Expansion:
A host of restructuring activities carried out over the past several years have resulted in streamlined operations & improved profitability. From this foundation, a geographically expanded service area, increase in products & services offered, & strategic marketing campaign could mean giant leaps in value. As it is, a website is currently under development, and new offerings, including sleep apnea treatments, are being added all the time. This Company is the ideal means to take advantage of favorable demographic trends, predicted by S&P to continue into the future. |
|