Internal Ref: 1903
Summary
South-East Queensland based. Specialist direct-to-consumer and medical market supplier of adjustable chairs, beds and mattresses. Turnover circa $6M+.
Location Details
Actual location cannot be disclosed prior to completion of Confidentiality Agreement.
About the Business
• South-East Queensland based.
• Specialist direct-to-consumer and medical market supplier of adjustable chairs, beds and mattresses.
• Turnover circa $6M+.
• Gross margin circa 70%+ including sales commissions.
• Company currently in liquidation due to a shareholder dispute – operations continuing as normal as it remains a fundamentally sound business.
• Sales predominantly driven by direct-to-consumer pop up stores and online retail, with a growing B2B medical division engaging with allied health professionals.
• Medical-grade adjustable beds designed to meet NDIS & My Aged Care requirements and the assessment of Occupational Therapists.
• Brand is recognised for quality, product innovation, anticipating market trends and extensive after-sales service.
• Low concentration risk with B2B sales generated from a broad referral base with material opportunity to scale.
• High quality, internationally accredited manufacturers utilised to maintain quality and compliance.
• Cross-functional team with extensive experience in the adjustable bedding industry.
The above preliminary information is indicative – a detailed Information Memorandum will be made available to suitable parties upon completion of a Confidentiality Agreement.
Enquire to receive a Confidentiality Agreement (CA).
NB – Actual location may vary from shown and will not be disclosed until after completion of CA. Photo for display purposes only – not actual business.
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