CONFIDENTIAL
FOR SALE
641659
157452 / Rightbiz
Overview
Offered for sale is a leading distributor of medical equipment and technology across patient monitoring, simulation, ultrasound and connectivity solutions.
Products range from small essential accessories to full system installations with a value of up to £500k, all of which are maintained by the company.
Operating for over a decade, the business has exclusivity rights across Northern Ireland and the Republic of Ireland, holding long-term partnerships with two of the world’s leading manufacturers, alongside other key major blue-chip players. This has led to a strong client base comprising a multitude of hospitals and private practices, presenting an ideal platform from which a new acquirer can facilitate further growth.
Offered for sale to promote growth under the impetus of new leadership and to facilitate retirement plans.
Offers invited.
Key Highlights
- Collaborates with clinicians to provide intelligent and accessible solutions that prioritise patient care.
- Well-placed to capitalise on a significant number of frameworks which could be extended into various clinical arenas.
- ISO 9001 and ISO 14001 accredited.
- Provides state-of-the-art products for anaesthetics, intensive care units (ICUs), general wards, pre-hospital transport, and primary care.
- Works with over 100 clients, all of which provide ongoing streams of reliable revenue.
- Has at least one of its products in every hospital across Northern Ireland and the Republic of Ireland.
- Dedicated workforce in place, led by a highly experienced second-tier management team.
- Operates from leasehold premises in Northern Ireland.
Financial Highlights
- YE24 turnover of £7.3m, with an adjusted EBITDA of £731k.
- YE25 outturn turnover of £11.5m, YE26 forecast turnover of £16.3m.
-75% of sales are generated from clients in the Republic of Ireland, whilst the remaining 25% derive from Northern Ireland.
- Has ongoing service-level agreements and service contracts in place, which accounts for 5% of the business’s turnover.
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
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