Health & Beauty business for sale in Sydney
- Health & Beauty
- Sydney NSW 2000
- $1,900,000 (GST na)
Allied Health. Maybe Settling This Financial Year!
EOI Seeking Offers over $1.9M
Aged Care Support Business - well est (provider of physios to aged care residents) whereby the govt pays the facility, facility pays the physio business = no Medicare! Residents are treated onsite....no rent to pay + physios are attached to 1x or max 2x centres = continuity of care!
Est 10 yrs, the business has numerous service contracts w/ multiple residential aged care facilities & a few wellness centres. Each service contract specifies designated service provisions/wk (either by hr or by treatment) at agreed rates for either 1x or 2x yr terms, that renew automatically upon their anniversary.
Healthcare professional are recruited to fulfill these service contracts and are managed by team leaders and clinical managers.
There are excellent opportunities to expand the scope of the services offered, increase the no# of hrs of service to current clients & to bring in new customers both in Sydney or nationally.
The current owners are physios but operate as clinical managers, that oversee decision-making & operations. This is a business that would suit an astute investor or someone with a keen interest in, or experience of, the aged care sector.
Opening times: 5 days/wk, standard business hrs
Reason for sale: Owners are tiring & have accepted the desire to devote more time to young family responsibilities rather than investing into growing the business to the next level. With a separate negotiation required to maintain owners for a longer transition period; their preference is for a one to three month handover. Appropriate warranties will be provided.
About The Sale: Recently this business has been experiencing accelerated growth of income year on year. It has continued to perform strongly + has grown throughout COVID. The business is well positioned to expand further + outside Sydney. Incl in the sale of the business is the database of service contracts w/ customers, service providers/employees + the website.
Annual T/O circa $4M. Adj. maintainable EBITDA circa $800,000. Seeking offers around $1.7M.
For more details go to https://allbizsales.com/au and complete our online confidentiality agreement. Use the reference ID NSW09059 to search for the business.
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.
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