For more than 50 years this Brisbane business has supplied patient handling equipment to hospitals, aged care homes and special schools. Today it specialises in installing ceiling hoist systems and servicing them for life, giving customers one supplier for the life of the equipment. The owners are retiring after almost 30 years.
FINANCIAL SNAPSHOT (FY = year to 30 June)
- Revenue: FY25 $5.41M | FY26 $6.67M (up 23.2%)
- Reported EBITDA: FY25 $508K | FY26 $434K
- Adjusted EBITDA: FY26 $417K (pro forma, run-rate staffing)
- Gross margin: FY25 44.9% | FY26 41.1%
- Service, parts and testing: $1.67M a year (25% of revenue)
- Order book: $2.77M at May 2026, double a year earlier
ASSETS / OPERATIONS
- 22 staff, including 7 licensed technicians
- 8 vehicles owned outright, plus load-testing equipment
- Stock indicatively $850K at value
- About 1,730 m of leased offices, warehouse, workshop and showroom
- Database with decades of equipment and service history
KEY FEATURES
- Licensed for both installation (QBCC) and servicing (electrical contractor), with licence roles held by employees
- ISO 9001 certified for 20+ years, NDIS-registered and a TGA (ARTG) sponsor
- Most service customers on written agreements
- Mainly government and established aged care customers; no bad debts in FY25 or FY26
- Owners are not in sales; an Office Manager runs the business day to day
GROWTH
- Supplier on a state government ceiling hoist panel with about 3,400 hoists in scope
- Funded hospital and special school build programs across South East Queensland
- Each 5% rise in service labour pricing adds about $50K a year
- Room to expand interstate and to right-size the premises
WHY BUY
- Every installation adds to a recurring service base
- Hard-to-replicate mix of licences, accreditations and installed base
- Suits healthcare equipment distributors, manufacturers, assistive technology groups and investors
THE DEAL
- $700,000 plus stock at value (indicatively $850,000). Asset sale.
- Includes goodwill, plant and equipment (incl. vehicles), systems and data, and work in progress
- Up to 12 months of transition support; open to a deferred or retention arrangement
Strictly confidential. The business name and Information Memorandum are released only to qualified buyers who sign a confidentiality agreement. Please do not approach the business, its staff or its customers.
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