About the Business

Modifying and improving surgical equipment for implant surgeons and their patients – A noble and unique cause, the owner of over 37 years is retiring. Such interesting work and, on top of this they have developed and supply hip implants that's streamlining the process and improving outcomes.

With their ISO 13485 accreditation, their products and services are respected and trusted as they meet the highest quality standards. They help bring medical device ideas to life.

Revenue

$1,324,533

Net Profit

$459,598

Potential

The implant breakthrough has added significantly to the growth of the business. Other surgical products and design will see growth continue.

Skills

Long-term skilled staff involved. Engineering skills also an advantage although not essential.

Hours

Monday to Friday 7 am until 5 pm

Lease

3 years to run extension possible

Location

Sydney Northern Beaches

Employees

4 Engineers, 1 quality control person and a part-time bookkeeper

Reason for Sale

Retirement

About the Business

This business is a manufacturer and supplier of medical and hospital equipment situated on the Northern Beaches of Sydney.

For over 30 plus years it has been providing high-quality services and equipment to hospitals, surgeons and multi-nationals in the maintenance, repair, design and manufacture of surgical instruments, implants, and tools. The business has ISO 13485 accreditation, which complements their many years of experience.

Dealing with an accredited company is now particularly important as various state and federal health authorities move towards compulsory adherence to quality control standards such as ISO 13485 for the design, manufacture and repair of surgical tools and other medical devices.

The sale price includes $500,000 of stock, equipment of $500,000 and $500,000 of certification costs

History

Over 30 years

Sale Price

$2 million