For Sale Price: $250,000

Profile

Description:

Allstate Healthcare is a well-established and respected supplier of high-quality medical related products. Established 25 years ago, Allstate Healthcare services the Australian markets from its headquarters in Sydney. Proven track record and well known and respected in the industry.

Allstate Healthcare prides itself in keeping you safe with comprehensive first aid kits and innovative home essentials to tackle everything from snake bites to mould and everything in between. They work hard to provide the best health solutions on the market so you can live life to the fullest, knowing you’re prepared for the worst.

From wound closure strips, to instant ice-packs and snake bandages, they have used them all and can therefore guarantee that their products will keep you safe at your workplace, home and while exploring the great outdoors.

They are constantly searching for new products that makes sense to keep their customers safe in their pursuits and at work.

The high volume of products sold ensures competitive prices are guaranteed.

The business can be effectively run by the owner plus 1 employee due to the simplicity of the business and product distribution.

Genuine reason for sale – majority shareholder seeking well deserved retirement
Ideal home-based business – simply requires some storage for stock
46% / 54% wholesale / online retail
Extensive training and support period will be available to ensure a smooth transition and minimal disruption.
Strong well-established name that is respected in the industry by customers and competitors alike.
Wholesale customers pay promptly and thus ensuring less working capital requirements. $100 of Bad debts in over 3 years of operation!
Solid revenue base can be demonstrated over many years.
Extremely profitable business with sound financials and tax returns available to support the figures – excellent cash flows.

Excellent opportunity for a hands-on owner operator, seeking flexible self-employment.

Contact: Warren Levy – 0414 474 777 / [email protected]

Financials

For Sale Price: $250,000

Long financials: 3 Years

Turnover: $1,314,444

Net Profit: $154,528

Period: Annually

Rent: Home based - requires storage for stock

Lease: Home-based

Staff: Owner + 1 fulltime

Stock: $50,000

Previous Financials Data:

Available upon request once NDA is signed

Broker

Broker:

Warren Levy 0414 474 777

To express interest in this business, please complete this Register Interest form and we will contact you.

Confidentiality Agreement

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Provider of Confidential Information:

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Pear Business Brokers Pty Ltd ABN 28 084 390 125 t/as Core Business Brokers
in its capacity as agent of its named or unnamed principal
Level 13, 465 Victoria Avenue, Chatswood NSW 2067
Phone (02) 9413 2977 Fax (02) 9413 3818 Email: [email protected]

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Recipient will use the Confidential Information only for the purpose of analysing such information so as to make an informed decision as to a proposed purchase of part of the assets of a business, the whole business or the sale of shares in the business/es referred to above or any new businesses introduced to you in future.

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General Terms

1. When must we disclose the information to you?
1.1 We must make that part of the confidential information available to you that we consider in our sole discretion to be necessary for you to carry out the project.
1.2 The confidential information always remains our property. This agreement does not give you any right, title or interest in it. We make no warranty as to the accuracy, content, legality or completeness of the confidential information.

2. How must you treat it?
2.1 You must use the confidential information only for the permitted purpose. You must not use or exploit it for your own benefit or for any other purpose, or allow any other person to do so without our written consent.
2.2 You must not disclose it, and must ensure that your employees, contractors and agents do not disclose it to any other person except as required to carry out the project and then only on a confidential basis. You will, on our request, arrange for such persons to execute confidentiality undertakings in our favour that they are bound by this agreement as if a party to it.
2.3 You must take reasonable steps to protect the confidential information and keep it secure from unauthorised persons.
2.4 You must inform us immediately if:
(a) You become aware or suspect that there has been a breach of these obligations; or
(b) You are required to disclose the information by law.
2.5 At the end of the project or if we ask for it earlier, you must return the confidential information, and all copies, notes and memorandums relating to it, to us as we direct.
2.6 You do not have to treat as confidential information
(a) Which is or comes into the public domain, except information that is or becomes so because it has been disclosed without authority; or
(b) Which is lawfully known to you before the date of this agreement; or
(c) Which is or becomes available to you from another person who is in possession of it lawfully and can disclose it to you on a non-confidential basis; or
(d) Which you are required by law to disclose but you must seek to limit that disclosure in any way we reasonably request.

3. Indemnity
3. You indemnify us against all loss, damage, expense and costs arising because you do not observe the conditions of this agreement for any reason.

4. Duration
4. Your obligations under this agreement continue after the project ends.

5. General
5.1 We do not enter into this agreement in our personal capacity but only in our capacity as agent of our named or unnamed principal.
5.2 This agreement contains the entire agreement between you and us and takes the place of all other statements about the confidential information.
5.3 This agreement may be varied only if you and we agree in writing.
5.4I f we do not exercise a right at any time in connection with a default under this agreement, this does not mean that we have waived the right or cannot exercise it later.
5.5 This agreement is governed by the laws of New South Wales. You and we submit to the non-exclusive jurisdiction of its courts and courts of appeal from them.
5.6 By signing this agreement you permit us to add your details to our database and authorise us to communicate with you from time to time regarding new business opportunities.

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Broker:

Warren Levy 0414 474 777

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Distribution - Healthcare and medical related products - Wholesale and D2C - SOLD