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The March Group currently represents a well-established and highly profitable local pickup/delivery and regional hotshot courier service company. Offers local pickup and delivery service within a major Western Canadian metro area, and 24/7 hotshot courier service across nearly all of Western Canada. Enjoys a reputation as a first-rate courier service, providing reliable and on-time delivery complemented by excellent customer service. A steady account base, populated by clients in the oil and gas (70% of revenue), commercial/industrial (20%) and construction (10%) industries, is characterized by long relationships and a soaring rate of repeat business, despite minimal marketing efforts. By focusing on the expedited transport of valuable cargo and important field equipment, the Company engages with customers who are not price sensitive, and can therefore generate 20% to 30% profit on each delivery. Utilizes a fleet of approximately 30 experienced independent contractors who provide their own delivery vehicles from ¾ ton to 5 ton trucks and truck/trailer units configured for the transport of industrial equipment, machinery and parts. Revenues of $2.7 million and EBITDA of $320,000 for the fiscal year ended July 31, 2009.
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