Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Medical Equipment Supplies Diagnostic Medical Equipment For Medical Professionals

LISTING DETAILS
Firms For Sale ID:
34532
Vendor reference:
IR015
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£290,000  
Turnover / revenue:
£750,000
Net profit / cashflow:
Undisclosed
Years established:
10
Trading hours:
As required. Office: 9am 5pm Monday Friday
Number of employees:
2
Employees / staffing:
The company employs 2 full time staff, including: General Manager Customer Service Manager

OTHER DETAILS
Reason for selling:
The vendor believes he has taken the business as far as his very limited available time will allow. The business is primed for future growth and would benefit from a new injection of business acumen, energy and infrastructure to support ongoing prosperity.
Support and training:
The current owners would be happy to provide full training and support at handover. They would also be happy to stay on within the business for an agreed period, subject to negotiation, should a new owner so require.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from a leasehold office of circa 300 square feet, located within a modern complex of attractive, converted barns. Annual rent: GBP 4,100 Rates: N/A Lease: Ends 2017 This business could easily be relocated if need be.
 
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BUSINESS DESCRIPTION
Medical Equipment Supplies
Diagnostic medical equipment for medical professionals
Ref. IR015
Location : South West
Asking Price : GBP 290,000
This busy and profitable specialist medical supplies company was founded more than 10 years ago and the vendor has been an investor and owner almost since its founding. The company supplies its comprehensive range of medical supplies to customers all over the UK, successfully satisfying in excess of 10,000 orders per annum. The vendor began as an initial investor in the company and it has since become a stable trusted company that manages many thousands of orders each year, professionally and without fuss. The company provides a comprehensive range of specialist medical equipment to a main customer base of medical professionals (Doctors Surgeries, Hospitals,Universities, Prisons and Councils to name a few) and a secondary customer sector of private individuals with specific medical diagnostic requirements at home. The prime method for sales is through the companys websites, which are managed by two key staff, who also take responsibility for customer enquiries and larger or more complex customer orders.
The company originally specialised in selling Diagnostic Equipment but has more recently developed its range of Disposable products. Product areas covered by the company are very extensive and range from Litmann Stethoscopes to X Ray Viewers with more than 70 product sectors in-between.
The company is very responsive to the needs of its customers and in return enjoys very high levels of repeat business and referrals with an email database approximating 30,000 customers. Orders are placed either online, over the phone with sales personnel or by Purchase order from regular customers. Orders and are picked, packed and distributed from an associated storage facilty.

Expansion Potential
The company has become a very stable and reliable business in a reliable industry sector with excellent long term prospects. This stability in the sector is expected to continue in the short to long term.

The company is stable and robust however to take it through its next period of growth and the current owner believes that the business would benefit greatly from some additional investment in its marketing and sales activities to drive growth.

Market / Competition / Non-Competition Agreements
The company uses Google advertising and marketing extensively and does regular email campaigns to its extensive customer database.

Much new business is generated from ongoing customer requirements, repeat business and referrals, bearing strong testimony to the businesss excellent reputation.

There is opportunity to expand the businesss profile with a strategic sales and marketing programme should a new owner so require.