Healthcare Equipment Specialist
Healthcare equipment specialist dominating the Victorian industry
Established 22 years ago the consolidated components of this unique investment opportunity combine to make it Victoria’s leading healthcare equipment specialist, offering an all inclusive service from hire and sale of equipment to repair and third-party logistics.
The business can be broken into two principle components: Sale and Hire of healthcare equipment & Repair and Third-Party logistics.
The business sells and hires a broad range of health care equipment including: mobility products such as walking aids, wheelchairs, scooters; specialist beds and mattresses; toilet and bathroom aids; seating and back care; exercise equipment; ward and theatre equipment, and much more. For its extensive client base the business is an unequalled one-stop shop.
Service contracts and as-required maintenance provide a lucrative source of ongoing revenue. Through its highly trained and experienced team the business is able to deliver a fast efficient repair service across the state whose knowledge base specifically centres on the health and aged care industries. Significantly, the business is the Australian service agent for PG Drives Technologies.
Its third-party logistics operation sees the business manage clients’ healthcare equipment assets - a full service spectrum ranging from repair and storage to access and deployment.
Both aspects of the business share a common client base of hospitals, nursing homes and government agencies. With its premium position within the industry, the business enjoys significant marketshare in what is an ever-expanding sector.
In addition the business also has a wholesale clientele, selling its products to a number of other healthcare equipment suppliers.
Located in Melbourne’s eastern suburbs it operates from two factories whose combined 5,000sqm of space includes spacious showroom, workshop, offices and large car park. The freehold title to the site is included in the asking price.
Currently the business is run mostly under management giving the new owner the flexibility to be as active or passive in the business as they choose. Given the expanding nature of the aged care industry and the business’ already significant presence, the potential growth is limitless.