Established for Last Quarter of a Century (25 Years), this direct importer and product supplier of high value, assistive technology and aged care / mobility equipment and related products is based in the heart of South Australia. A trusted supplier of a specialist and unique range of mobility equipment including adjustable beds, lift chairs, mobility scooters, stairlifts and platform lifts. This business also providing on-going servicing, maintenance and repairs. A stream of repeat and new clients arrive from an established network of occupational therapists, physiotherapist, NDIS service providers and existing client referrals within the state. This business receives the benefit of ample client home care and NDIS funding packages. This business possesses a range of imported products with exclusive distribution rights that remain in constant demand, making this a differentiated player in the market. There is ample option to continue to grow the sales and the profits within this ever growing and mega billion-dollar funded industry.
• Established for many decades, this is one of those businesses that could be defined as the veritable specialist within its segment of aged care and disability products supply and after-sales servicing of its clientele and their supportive equipment. It just happens to enjoy a higher-than-average gross profit margin, as a reward for being the exclusive importer of select products which remain in constant demand.
• Being the direct importer and supplier to the well-funded end user and related industry member market means that this range of high-quality equipment is sourced from trusted, long-term and supportive offshore suppliers.
• This business combines both a highly effective on and offshore sourced product offering, including the assembling of some products in-house, for the convenience of clients and referrers.
• This business supplies the end user will all their required products and after sales servicing, which includes annual product maintenance contracts/visits and related repair services. Servicing represents a small part of this business’s operation with equipment supply being the main focus. Repairs represent just over 7% of annual sales revenue.
• This business actively supports Australia’s ageing and disability sector and receives a good portion of its sales from government funding being disbursed to clients and institutions. This fact has continued to contribute to this business’s profitability. With billions of dollars currently flowing into this market segment and considering the population demographics, it will likely continue if not increase over time. This business’s product range is always being ordered from this trusted and independently owned brand.
• This greater fiscal and community-based management plan for the elderly and our most vulnerable/disabled, makes this type of operation one of the safest and most secure to own. Able to adequately provide financial support to any new owner, over the long term.
• A team of support staff are currently in place to support the hours of its current ownership duo (wife supports with financial management and admin duties part-time hours, whilst husband supports with sales and marketing duties.). The business is supported by general ‘job flow’ logistics, and there is an effective software management system in place to support staff and the day to day operating.
• Its warehouse-based showroom generates an on-going stream of inbound orders from new and existing clients who return for other products within the ever-growing range. Clients remain loyal to this importer/supplier and brand for more than the last decade, if not longer!
• Its large network of OT and Allied health professional referrals (receives new clients constantly) could be actively widened by the new owner. Clients simply require an on-going supply of the type of products that this business supplies, as they simply make life easier for clients within their homes and when transiting.
• This business offers a great quality and growing base of clients, who can all pay for their products with pre-approved funding. This business is now ready to be transferred to its new owner, due to a partnership dissolution. All will be trained to a new owner, or also a boon for any existing aged care product industry business to add onto its commercial base. With active Google AdWords campaigning, this business receives constant inbound client leads, ready to be converted to please any new owner or existing industry player looking to gain market share faster than ever.
This direct product importer, and direct supplier to end users of mobility equipment is being transferred for the value for money amount of just $399K + SAV ($200K approx.)
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