Business For Sale Cairns, Queensland 4870
Business Category Medical Training
$849,000 WIWO
Description
Dominant Market Player, Always In Demand, First Aid & Training & Medical Services Industry #342
This is a Dominant Market Player within the Always in Demand, First Aid & Related Training & Medical Services Industry. Including Being a Preferred Service Provider to Many of Australia’s Largest Companies (Public Companies/Corporates). Offering a Large Scope of First Aid Courses Delivered to Thousands of Students/Employees, Per Annum. With Hundreds Being Core, High Repeat and Returning Business-to-Business Industry Clients 85-95% (approx.)! Employees Remain Lawfully Certificated within the Childcare, Agriculture, NDIS/Aged Care, Electrical Industries (just to Name a Few). Includes an Online Medical/First Aid Product Webstore and Online Course Transactions – 100% Paid Upfront. Profit from Entering the Medical Industry and Revel in this High Profit and Many ‘Passive Income Stream’ Provider. Including a Niche Market Offering a High Barrier to Entry. This is No Ordinary Training and Medical Services Provider (Owner is Not an Active Trainer)!
• Established for decades by the current owner, you guessed it, this business gives back to its owner in a mighty way, or this owner wouldn’t have stayed this long!
• It offers diversity of clientele, a nationally accredited course and related medical services. Having targeted and since secured ample repeat transactions, as a strong base being transferred now. This business is the proud internally registered or contracted, preferred trainer, and medical services providers on-going, for many of the most lucrative client industries operating within our nation today.
• This well recognised yet independently owned business and brand offers any new owner or existing medical, first aid training or services business with mostly organically driven, repeat purchasing activities and subsequent sales.
• This being one of the most renowned, well liked and relied upon medical trainer and services provider. Offering a whole host, even expandable list of First Aid and WH&S related training courses. These being mainly provided onsite within the business client’s premise, by fully trained, long term employed and devoted medical staff. This being an enjoyable role, keeping others safe, and giving skills that saves lives, on the job or otherwise.
• Supplying these first aid courses that are legislatively required is one thing, but having the clients with the money to spend on-going, and many being public companies, including large Australian and multi-national companies, means that this type of clientele have deep pockets and make it a priority within their budgets to keep their workers and sites operating safely.
• Even government money flows into this business’s coffers too, all thanks to providing clients who receive on-going government funding and require this business’s services to remain operating and compliant. Even government departments seek out this well-known player.
• So, there is much more than meets the eye here, with this owner being home based, enabling the new owner to be based anywhere in Australia.
• The majority of all income is generated by return and repeat client bookings for courses and medical services (diverse income base), plus, there is potential to further increase this business’s opportunity to make more money, via its first aid/medical product sales online, via its webstore.
• Clients purchasing these medical products via the website, is transacted via email (mainly), generated passively online, without requiring the time or labour of staff or owner to receipt these paid upfront sales.
• Clients can also call in via the phone, but the majority of all bookings and sales are receipted via email.
• This owner’s role is not one of being a trainer, the role of this owner is part-time, home office based and primarily administrative. Ensuring clients are provided flexible and responsive customised servicing when booking their onsite/at premise courses, including the financial management tasks generally expected of a business owner.
• This owner is offering a role post transfer, remaining employed for the new owner or existing industry business. As it has been many decades of ownership by this same owner, but a passion still exists for supporting the organic growth of this operation, and this has not waned over the years. “A guiding hand may be appreciated,” this owner said.
• This owner is looking forward to seeing that this business and its existing training staff and medical personnel are looked after by a new owner.
• If the new owner was a registered nurse or had a medical background, holding a current medical accreditation could be most beneficial in making even more money from owning this type of operation. As, it also includes a high barrier to entry, providing a niche medical market service, which comes with the spoils of very high profits!
• The new owner need not be based near where the trainers are training the large, many thousands of students throughout QLD mainly. As, this client also has clients within WA, NT, NSW etc.
• Clients by law require that their staff attend their annual CPR and first aid courses (every 3 years).
• The cashflow is also grand, with a good percentage of business clients paying upfront and even pre-booking their employees in advance for their next course. Many require their first aid and CPR certificates to remain employed within their respective industries - now’s that’s the ultimate motivation to attend and pass!
• Online first aid courses since COVID-19, has seen training and medical service companies such as this one make even more money per course. There being fewer hours required for onsite practical training, with the remainder being completed by the student online. This has reduced trainer costs and has resulted in lifting profits, per course held.
• This business enjoys a high gross profit margin of around 87.73% (approx.) – YTD ’24.
• This owner is only required to come into the home-based office, late and leave early per day, all thanks to the simplistic nature of owning a recurring income-based service business.
• This business’s existing servicing area spans the nation, having clients within the state of QLD (mainly), WA, NT, and NSW, the other states, to a lesser degree.
• So, for an existing industry RTO or training course-based organisation - even a medical services business, this could mean ‘punching the right ticket’ and becoming one of this region’s largest and most beloved brands, delivering courses to a diversity of always in need, clientele.
• This operation includes transferring two distinct market segments and generators of income, clearly differentiating this player amongst its competitive peers. Being the preferred supplier to many of the largest companies known to man…the growth prospects and the regular client funding, could fuel expansion for a new owner or medical industry company, now and in the future!
• What a ‘bolt on’ for an existing medical / training service or medical product-based operation, with there being ample potential to tap into this business’s existing geographic region of servicing - QLD mainly but can extend and easily scale this operation to encompass many more courses and clients (ready to be added and marketed).
• There is ample more client demand and business for the converting - including public companies, major corporate clients, even general businesses that already provide such a good percentage of residual income, could be approached and converted.
• Comfort and retirement from owning a business, is the main impetus for this business’s transfer now after decades of an enjoyable period of ownership.
• This is the best time to transfer this profitable, high margin and extremely lucrative operation. Being plenty ‘plump with potential’ for growth. This owner of many decades hasn’t the motivation nor the drive for expansion of this already solid and profitable market player. A new, enthused and potentially more motivated owner or company would have the time and focus – so, set your eyes on not what is already before you, but what is also imminently possible… and make the most of it!
All being for just $849K WIWO (Includes Stock on Hand) Open to all genuine offers
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This business is somewhat unique and has no similar competition in this region, category or price bracket.