back to search

Vaccine and medical refrigerators and freezers

Expressions Of Interest

Melbourne, Victoria

Vaccine and medical refrigerators and freezers

EXPRESSIONS OF INTEREST are open for the sale of this highly profitable and well established vaccine and medical refrigerator and freezer business. Business currently Australian based with overseas (NZ) expansion plans currently being negotiated and implemented.

Established in 2015, the business has seen exceptional year-on-year growth. The business designs, builds and sells a range of vaccine and medical fridges and freezers. The customer base is diverse and covers a range of industries, including vaccine, medical, pharmacies, hospitals, veterinary, skin clinics, and laboratories.

P&L figures per Financial Statements (PEBITDA = Proprietor Earnings Before Interest, Tax, Depreciation & Amortisation):

FY21: Sales $3,371,973 PEBITDA $878,209
FY20: Sales $1,108,167 PEBITDA $210,156
FY19: Sales $ 875,778 PEBITDA $87,086

The business' diverse range of vaccine and medical refrigerators and freezers are relentlessly trialled and tested. This ensures that all products distributed by the business, whether pre-built or custom modified, are engineered for long term reliability and customer satisfaction.

The business stocks the leading Australian and global brands in medical refrigeration. Based in Melbourne, the business delivers nationally and also holds a large volume of stock on-site meaning customers are able to take delivery in a timely manner (compared to competitors).

EXPRESSIONS OF INTEREST (asking price $3,500,000 + SAV)
Offers are being sought for the business inclusive of all assets and goodwill. The business is to be sold as a going concern. Stock will be sold on an at cost basis (landed cost). All liabilities of the business will remain with the current owner. Deferred purchase arrangements will not be looked upon as favourably as an outright sale. Offers that are 'subject to finance' will not be accepted. A full due diligence period will be offered to an able and willing buyer.

For more information please contact Cameron Ryan from bbroker:
Phone: 0411 145 114
Email: cameron@bbroker.com.au

Business Links / Tools

Last updated: 12th August 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Melbourne
State
 Victoria
Price
Expressions Of Interest
Category
  • Import
  • Medical

Click to share

Agency

Business Brokers Network

Business Brokers Network

Contact

Cameron Ryan