Beauty, Health & Fitness business for sale in Bundall
- Beauty, Health & Fitness
- Bundall QLD 4217
- Expressions of interest from persons who can invest circa $20 million
Supplier of Surgical Equipment to The Australian Market
This business supplies the Australian medical industry with an extensive range of quality products.
The company has successfully obtained a range of unique products. In addition to continuous research and development, the company prides itself on an extremely short product-to-market cycle.
Budgeting for sales of $15 million this calendar year the future is extremely bright.
$15 million budget
The business is showing good growth and there is room to improve margins and that is being achieved.
General Management skills plus an understanding of the surgical equipment market.
Monday to Friday 8.30am until 4 pm
Lease in Place until 2027 at $14,000 per month plus outgoings of $5665 per annum with annual CPI increases. Operates from a centrally positioned modern premise of 639 square metres plus a mezzanine 300 square metres.
Northern Gold Coast
15 employees including the owners
Reason for Sale
About the Business
The global market for surgical equipment should grow from $5.0 billion in 2020 to $8.2 billion by 2025, a compound annual growth rate (CAGR) of 10.3% for the period of 2020-2025.
The Medical and Surgical Equipment Manufacturing industry has expanded over the past five years. Strong demand for high-tech products has supported industry revenue growth, with increased funding for Australia's healthcare sector creating a growing domestic supply base. Industry revenue is expected to grow at an annualised 2.6% over the five years through 2021-22, to $5.1 billion. This trend includes an anticipated revenue growth of 2.0% in the current year, fuelled by rising demand from private and public general hospitals.
The factors that boost the surgical equipment market growth include an increase in preference for robotic-assisted surgery and a surge in the geriatric population, which is highly susceptible to ocular disorders, gastric disorders, intestinal disorders, and other health conditions.
Established 15 years
Expressions of interest from persons who can invest circa $20 million