EDUCATIONAL & MEDICAL SUPPLIES INDUSTRY TITAN FOR SALE
Moorabbin VIC
Last asking price $275,000
Sold June 2023
Education, Manufacturing
EDUCATIONAL & MEDICAL SUPPLIES INDUSTRY TITAN FOR SALE
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This is an outstanding and truly mind-blowing opportunity to be at the helm of what is possibly the most prominent and well-respected business in the area of educational and medical supplies in Australia.
ASKING PRICE: $275,000 + S.A.V. (Stock At Valuation, estimated at around $650,000)
LOCATION: This business is situated in the high-profile industrial suburb of Moorabbin - nestled comfortably at the heart of the vibrant Southeastern suburbs of Mentone, Cheltenham, Springvale, Oakleigh and Clayton.
ABOUT THE BUSINESS: Do you have any skeletons in the closet??? Well, they do! But not the bad kind - rather, the kind that you can sell and make lots of money!
With a history dating back over 35 Years, this well-established company is a true titan of its industry - providing top-quality and state-of-the-art educational supplies to an enormous variety of customers ranging from Universities to medical practices, the business was generating over half a million dollars in Net Profit for 5 consecutive financial years.
Sales and profitability experienced a decline over the last few years primarily due to a serious medical condition of the Vendor, where he could not dedicate as much effort as usually. But, a pair of competent hands ought to reverse this situation.
Fully staffed with experienced, highly trained and skilled professionals.
Located in jaw-dropping premises, this business offers spectacular growth opportunities.
REASON FOR SALE: Due to an illness, the vendor will be donating a kidney to his wife.
FINANCIALS (2013-14):
•Sales: $2,463,606
•Other Income: $131,848
•COGS: $1,321,692
•Gross Profit: $1,273,762
•Expenses: $1,174,869
•Net Profit: $98,894
•Add-Backs: $180,000
•Real Net Profit: $278,894
>>> FOR FURTHER DETAILS ABOUT THIS EXCITING OPPORTUNITY, SEND US AN E-MAIL ON xxxxx AND REQUEST A CONFIDENTIALITY AGREEMENT.
AGENT: ALEX xxxxx
* Please note figures provided here are close approximations and reflect data for the 2013-14 financial year. Images provided on this ad are stock-images only, not picture of the actual business, its employees, equipment or products.