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Top Southern England-based First Response Medical Supplies Provider with Strong E-commerce Platform

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    24/04/24

  • Advert ID

    610303

  • Reference

    155809 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £1,900,000 (£36,538 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Supplier of first response medical supplies – Based in Southern England

The company is a leading provider of first aid, medical, rescue, and pre-hospital care equipment, including consumables and bespoke solutions. With an extensive wealth of in-house knowledge of the healthcare and medical sectors, the business is able to offer an efficient service to deliver quality supplies, from first aid and first response equipment to diagnostics, patient handling, and treatment apparatus. Specialist equipment is also provided by the company, ensuring it meets all of its clients requirements. Our clients are now offering the business for sale to facilitate further growth under the impetus of new ownership. Offers invited. Generated a turnover of £1.9m, with an adjusted EBITDA of £365k. Achieved a net profit margin of 35% in YE23, obtaining £653k in  gross profit. Established a successful e-commerce platform, which accounts for 13% of the company’s overall sales. Developed new relationships with high-value clients, securing an additional £300k in annual revenue. Operates within a buoyant market, with industry revenue anticipated to increase at a CAGR of 2.9% through to 2028. Secured the rights for the exclusive development of medical bags for a prominent emergency service. Obtained multiple long-standing framework agreements with leading healthcare organisations, some of which have been in place for over a decade. Assembled various supply chains across the UK, the US, Europe, and Asia. Works closely with a manufacturing company for the supply of its bespoke medical bags. Achieved an average rating of 4.8 on Trustpilot, with over 840 reviews. Online visitors increased by 85% to 70,600, with a conversion rate of 2.5%. Operates from shareholder-owned premises.

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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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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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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 'Supplier of first response medical supplies – Based in Southern England - 155809 / 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.