Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Medical Education And Multimedia Company Specializing In The Pharmaceutical Research And Development
LISTING DETAILS
Firms For Sale ID:
12822
Vendor reference:
CC079
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£600,000
Turnover / revenue:
£350,000
Net profit / cashflow:
Undisclosed
Years established:
8
Number of employees:
8
OTHER DETAILS
Reason for selling:
The current Owner feels the time is right to pass the business on to new Owners to realise its full potential by building on the excellent foundations already laid.
Support and training:
The current Owner is happy to assist with the hand over and training required ensuring a smooth transfer of the business, to the extent of working in a Consultancy role within the new organization for a number of years subject to negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Rent is £3,000 per annum including Rates
BUSINESS DESCRIPTION
Medical Education and multimedia company specializing in the Pharmaceutical Research and Development sector
Ref.CC079
Location S E England
Asking Price £ 600,000
Formed in 2002, this business is firmly established as one of the leading medical education and multimedia companies servicing the pharmaceutical R & D market. The business can boast a Client list that includes the majority of the world’s leading pharmaceutical companies with users of products and services around the globe.
|The organisation is currently run out of the UK, with plans well underway for extending coverage globally to increase presence on the east coast of the US, and Singapore, to service the rapidly developing Asian market
Recently identified as a ‘High Growth Potential Company’ by UK Trade and Investment the products and services offered by this business can be divided into three areas - open enrolment courses, private/in-house programmes and an extensive range of multimedia and e-learning products used to support and expand face to face activities.
The open enrolment courses typically involve one, two or three day face to face sessions including taught courses, practical sessions and clinical experience programmes in major teaching hospitals on key therapy areas such as oncology, autoimmunity, infection and cardiology/metabolic disease. Private/in-house programmes, which can often result from delegates attending an open enrolment course, are premium priced, high quality products - bespoke courses tailored to specifically meet the learning objectives of a particular Client, delivered in-house or in academic medical centres of excellence. All programmes are accredited by the Royal College of Physicians – and routinely call upon the most eminent authorities in their areas of expertise
Expansion Potential
This business was recently identified as a high growth potential company by UK Trade and Investment. There is certainly an outstanding opportunity to build on the existing services and customer base of this company. With a strong demand for its products and services combined with a capacity to increase turnover, a new owner contributing fresh ideas and investment in resources – particularly in relation to technical support and infrastructure, will have every advantage of building on an excellent platform.
The core areas of activity for this business are where the educational needs of the pharmaceutical industry require input from the clinical and academic branches of medicine. Currently targetted at clinical researchers, the range of products and services of this business could easily be extended geographically, in terms of content, delivery and its target audiences.
There is certainly scope to extend into other subject areas – Compliance and Regulatory, for example.