Supplier of Medical Equipment Business For Sale - NSW
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Business ID: BS142187
Profits to Owner Operators- $418K avg - Sale Price $1.5M
The business was established some 7 years ago as a niche procurement service to Hospitals and Medical Centres. The business has some key suppliers overseas and also has an element of fabrication and manufacturing some products locally.
The business currently operates from the Southern Highlands just outside Sydney however it can easily be relocated to Metro Sydney or another regional location.
The business highlights are as follows:
-7 years of profitable operations with year on year growth
-Current sales $1.5M pa
-Profit to owners $380K last year
-All three (3) current owners works between 25 & 40 hours per week
-Business only has one other employee who is Part Time (Administration)
-Gross Margins in the region of 35% (over 50% this year to date.)
-Very low fixed overheads
-Operates from a small factory unit (minimal rent)
-Minimal stock holdings
-Easy to Relocate
-Opportunities for growth
This business would ideally suit one of the following buyers:
-A husband and wife, or partners wanting to acquire a quality business.
-Another Medical Supply Company wanting to bolt on an acquisition and benefit from their current customer base.
-Someone with sales and marketing background to grow their market in other states or add additional product lines.
Asking Price: $1,500,000 plus SAV