Sectors / Category

Annual turnover

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  • Mandate: 34669
  • Added: 09 Jun 2021
  • AFS
  • 485

Medical supplies company supplying private and public sector

Gauteng, Johannesburg
485
Mandate 34669
Added 09 Jun 2021
R 6,750,000* ZAR
Stock: R 1,250,000
Assets: R 175,644
R 268,060 ZAR
Peter Kind
(PRINCIPAL)
Aldes Platinum
Gauteng, Midrand
Gauteng, Midrand
Summary

Leading supplier of medical disposables, equipment and family planning products to the Public and Private sector. Specialising in hospital supplies, GP surgery equipment, medical students accessories, nursing homes and general medical supplies through to First Aid Kits. Our product list includes Linen Savers, Autoclaves, Adult Diapers, Gown Surgical Sterile, Ultrasound Gel, Urine Bag, UV Sterilizer, Mask Aesthetic, Mask Surgical Ear Loop, Nasal Cannula Adult, Wheelchair Commode, Oxygen Concentrator trolley, Patient Monitors, crutches, sutures, surgical instruments, bed pans, syringes, spinal needles, biopsy needles, hypodermic needles, cannula intravenous, dressing trolley, walking frames, hospital beds, adult wheelchairs, Paper Tape Non Allergenic, Gauze Swabs Sterile, First Aid Dressing, peak flow disposable mouthpieces, Forceps Budget, First Aid Dressing, feeding tubes, Bandage, Gauze Swabs, Paper Tape Non Allergenic, Bandage Conforming, CPR Mouthpieces, Cotton Buds, Forceps Budget, Plaster Roll Zinc, guedel airways, Scissors Budget, we supply to most countries in the region, Zimbabwe, Zambia, Botswana, Malawi, South Africa, Lesotho.

SELLING PRICE AFS
R 6,750,000* ZAR
Stock: R1,250,000
Assets: R175,644
R 268,060 ZAR
Summary

Leading supplier of medical disposables, equipment and family planning products to the Public and Private sector. Specialising in hospital supplies, GP surgery equipment, medical students accessories, nursing homes and general medical supplies through to First Aid Kits. Our product list includes Linen Savers, Autoclaves, Adult Diapers, Gown Surgical Sterile, Ultrasound Gel, Urine Bag, UV Sterilizer, Mask Aesthetic, Mask Surgical Ear Loop, Nasal Cannula Adult, Wheelchair Commode, Oxygen Concentrator trolley, Patient Monitors, crutches, sutures, surgical instruments, bed pans, syringes, spinal needles, biopsy needles, hypodermic needles, cannula intravenous, dressing trolley, walking frames, hospital beds, adult wheelchairs, Paper Tape Non Allergenic, Gauze Swabs Sterile, First Aid Dressing, peak flow disposable mouthpieces, Forceps Budget, First Aid Dressing, feeding tubes, Bandage, Gauze Swabs, Paper Tape Non Allergenic, Bandage Conforming, CPR Mouthpieces, Cotton Buds, Forceps Budget, Plaster Roll Zinc, guedel airways, Scissors Budget, we supply to most countries in the region, Zimbabwe, Zambia, Botswana, Malawi, South Africa, Lesotho.

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please supply us with your details below

Fully describe the business's activities?
Distributor of medical supplies and consumables to the healthcare industry.

How long has the business been established?
1 year

How long has the owner had the business?
Since inception

How does the business operate on a daily basis?
The sales team receive orders form clients which are invoiced and dispatched. The stock is dispatched using a courier service. The sales force are responsible for managing key accounts and generation of leads.

How are the clients attracted to the business?
Active marketing strategy. Website Online store Word of mouth

What Advertising/Marketing is carried out?
Facebook Google ads Website Promotional communication to leads

What competition exists?
Competition exists, but for the most part are focused on specific and varying product offerings.

What are the seasonal trends?
Trade is steady throughout the year.

How did the Covid-19 pandemic impact the business turnover / daily operations?
Increased demand and sales

What steps / actions have been taken to combat the effect of Covid-19 pandemic?
marketing to mainstay clients for longer term retention.

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Vat 201 and supporting documents.

Are there up-to-date Management Accounts available?
Yes, available to qualified buyers.

What Balance Sheet and Income Statements are available?
Yes, available to qualified buyers.

What percentage of the business is cash/credit?
No credit facility, orders paid upfront.

How could the profitability of the business be improved?
Developing mainstay market of hospital groups. Importing of product lines.

Is Seller finance available and for what amount?
No.

What is the total staff complement?
7 staff - 3 full time and 4 commission earners.

Give a breakdown of staff/ functions/ length of service?
4 Sales 1 Operations/finance manager 1 Logistics 1 Supply chain/procurement

Are they on contract?
Yes

Do any have management potential?
Yes

How involved is the Owner in running the business?
Yes both owners are involved.

Any special arrangements for the staff related to the Covid-19 pandemic?
Covid protocol strictly adhered to

When does the current lease end?
July 2021

Is there an option of renewal & what period?
Yes, 12 month renewal option.

What is the annual escalation %?
No escalation.

What are the trading hours?
8am - 6pm Mon - Fri

What is the square meters of the business?
182sqm

Is a copy of the lease available?
Yes

Do you require a licence?
No.

What lease deposit and/or other surety is required?
None

What are the main assets of the business?
Asset list will be provided.

Are any items not included in the sale?
No.

What is their overall condition?
Good working condition.

Do any require repairing?
No.

How have they been valued ?
Replacement value.

Which assets are on lease/HP and with whom?
No.

Strengths?
Marketing capabilities. Good name in the market. Good service delivery

Weaknesses?
No significant capital injected into the business, only self generated revenue. This has limited cashflow to grow the business eg. importing own stock.

Opportunities?
Customer base that can be expanded into the mainstay market. Obtaining long term contractual clients.

Threats?
Better funded players in the market.

What is the reason for the sale?
Owner wants to pursue other business interests.

Why is this a good business?
This business has shown exceptional growth over a short period of time and with the right cash injection could see this business become a major player in the healthcare space.

What is the price plus stock and the profit?
R6 750 000-00 includes stock of approximately R1 250 000-00

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AGENCY DETAILS

Aldes Platinum

1 members
15 mandates
Gauteng , Midrand
8 Baltoro Crescent Midstream Hill
Midrand
0157

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