Investment:
Expression of Interest
Ref: 1903
- 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.
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