Business Code:
Ill health
Sale Reason
2022
Established
On site parking for tenants.
Parking
1 part-time owner
Employees
Website promoting business available for on line sales 24/7
Trading Hours
Current lease through to 14/1/26 with a 3 to 5 year option and 3 month bond
Lease
Manufacturing start-up business specialising in level three surgical face masks. All the hard work has been done in obtaining full TGA approval for medical grade 3 ply facemasks with all relevant high-level certifications for the end product. In excess of $170,000 has been invested by the owners in getting to this level. The company owns one premium Testex APL mask making machine capable of single person operation producing ear loop masks at the rate of up to 4800 per hour. The equipment is supplied from one of the most reputable mask making automatic machine brands that supply worldwide and includes all required accessories. Equipment has proved fully reliable with the manufacturer providing professional support in an expeditious manner. Workshop manuals are available together with explanatory videos. Facemasks are fully TGA approved, and the business is supported by a professional website, including online ordering. Branding is first class and all stock is provided being sufficient for approx. 1.2 million masks. Small production runs have been completed and a significant number of small to medium first orders, successfully placed and supplied. However the business is being sold due to the owner suffering an unfortunate accident in which he sustained serious physical injuries. The hard work has been done with a small production run already available for shipping for orders. The business is suitable for persons from a variety of backgrounds, and the operation of the equipment can be self taught, and as stated, there is ample backup.
Features
Full TGA approvals. Leading brand, reliable equipment.
Potential
Ability to supply generally to the Australian market and overseas, as many overseas products have been increasingly restricted due to products not meeting Australian standards. There is an advantage to local manufacturers such as this business, which have obtained TGA approval, and thereby this business simply needs an implemented marketing strategy to achieve commercial and wholesale market penetration.
Comments
This fully approved start up, is well suited to be acquired by an entity, with Ppe health, safety or medical related industry exposure, though that is not considered a pre-requisite as general, business and marketing skills would appear to be the most relevant skills to be utilised. Obtaining TGA approval is a rigourous process so it would be
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