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Unique Medical Device & Natural Health Product Distributor with Online Presence for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    15/05/24

  • Advert ID

    611358

  • Reference

    155900 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £630,000 (£12,115 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Distributes Unique Medical Devices and Natural Health Products

The company is an exclusive, visionary organisation with a track record for growing tailored brands and products within the natural health industry to consumers. The company offers a range of unique, evidence-based medical devices and supplements with patented ingredients and is becoming a knowledgeable advocate, focusing on histamine, allergies, Vitamin D, and migraines.

The company has a large online presence with an established podcast and YouTube channel with extensive followings, and has a wealth of experience in defining and expanding brands.

Our clients are now offering a 50% share sale of the company to enable investment to take the business to the next level.

Our clients are open to all types of structured deals, subject to terms.

Offers invited.

Key Highlights

- Serves a wide-ranging and diverse customer base across the UK, RoI, the USA, and other countries.

- Currently has four active wholesale customers that provide repeat business, two of which the company has maintained relationships with for nine years.

- Large number of D2C customers, with sales made via its e-commerce websites and Amazon.

- Strong second-tier management team in place, with the director intending to remain with the company to assist a new shareholder with pursuing growth.

- Approved for a Wholesale Dealer’s Licence by the UK Medical Authority MHRA for the sale and distribution of licensed OTC traditional herbal remedies.

- Operates from leasehold premises.

- Currently working on researching and developing a new patented encapsulation technology, with the scope to introduce several other health products to facilitate growth.

Financial Highlights

- Turnover of £630k achieved in YE23 with an adjusted EBITDA of £140k.

- Gross profit margin of 59% in the same year.

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Distributes Unique Medical Devices and Natural Health Products - 155900 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.