Featured Brokers
CONFIDENTIAL SALE
FOR SALE
627034
156687 / Rightbiz
The company is a supplier of medical devices, generating revenue from the sale / rental of the core product, the sale of consumables, and associated support and training.
With an exclusive UK distribution agreement for one of the most stable and easy-to-use equipment available, the company is part of a growing market, with approximately 40k procedures using the devices conducted each year, using over 200k consumables.
The business is being offered for sale to facilitate the shareholders’ retirement.
Offers invited.
Key Highlights
45% estimated share of the total available UK market
170 clients including the NHS and some of the UK’s largest private healthcare groups
Benefits from a high percentage of contracted income, including via the NHS supply framework.
Growing market for the devices, with the conditions it is used to treat expecting to increase over forthcoming years due to the UK’s ageing population.
Market has high barrier to entry, with the company’s history of operating in both the public and private healthcare sectors ensuring secure contracts for the foreseeable future.
Opportunity to develop an own-brand range of equipment and consumables, which would improve profitability considerably. This was previously considered in 2019 but placed on hold due to Covid-19.
Experienced management team in place to lead the business on a day-to-day basis.
Operates from leasehold premises.
Financial Highlights
YE24 Turnover of £3m, with an adjusted EBITDA of £1.2m.
Expects to generate circa £250k sales per month from existing clients.
Average gross profit margin of 47% across previous five years.
79% of annual revenue generated by sales of consumables, which provide a regular supply of contracted income.
Shareholder funds of circa £2.9m.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
The data showed regarding this advert 'A specialist supplier of medical devices - 156687 / 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.