This is a superb opportunity to purchase a well established medical supplies business in Tyne & Wear

This is a superb opportunity to purchase a reputable well-established medical supplies business based in Sunderland, Tyne and Wear. The business is available on a relocatable basis.

The business is a family-run business that supplies theatre shoes, PPE, and diathermy consumables to NHS hospitals. With a focus on providing high-quality, durable products, they ensure compliance with healthcare standards and regulations to meet the unique needs of surgical and medical professionals within NHS hospital settings. Their extensive product range includes a variety of theatre shoes designed for comfort and performance, as well as a comprehensive selection of diathermy consumables essential for surgical procedures and patient care.  They supply their products to clients in other corporate and commercial sectors, including catering, and education. The exceptional quality of their products positions them as a strong competitor against leading brands. Furthermore, competitive pricing strategies actively contribute to the business's ongoing expansion.

The business is listed on the NHS tender list and have two NHS contracts - one for footwear £2.4m per annum and Diathermy consumables £11.4mlper annum, underscoring their reliability and credibility in healthcare supply.

The business has been established since 1997 and has experienced substantial growth on an annual basis since then. Benefiting from having 69 active commercial clients and consistently attracting new private customers, the business has created an excellent reputation within the industry that it serves and has forged excellent relationships with key suppliers which ensures excellent margins across their product range.

The business is currently operated from a 1,200 sq ft commercial unit which is primarily utilised as warehouse and office space, but the business has no reliance on its current premises, so could be operated from anywhere in the UK.

This is a very profitable business that is growing year on year and offers any new owner huge potential for expansion. The business is currently operated from a leased premises in Sunderland but can be operated from anywhere in the UK. The business is currently operated by the owner and one full-time member of staff in the warehouse; However, the current owner is committed to facilitating a smooth transition with the new owner by offering a mutually agreeable handover period to ensure the business can confidently advance from a position of strength.

·       High-quality website

·       Excellent reputation

·       Loyal customer base

·       Listed on NHS tender list

·       Large amount of repeat/recommended custom

·       Excellent relationships with key suppliers

·       Can be operated from anywhere in the UK

·       Can be home based

·       High turnover - £328,382

·       Huge potential for further growth and success.

·       Minimal competition

It is with a heavy heart that the current vendor is selling to facilitate retirement plans. Due to the excellent reputation and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking for an established business within the medical supplies sector or an existing business looking for a lucrative acquisition.

This business has experienced a substantial amount of interest at an initial stage, so to avoid disappointment, please contact us for further information.