Need help?

Diagnostic Lab Seeking Loan in Chandigarh, India

Franchisee of a popular diagnostics in Chandigarh, generating INR 8 lakhs/month, seeks funding for expansion.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 95 lakh
Run Rate Sales INR 96 lakh
EBITDA Margin 10 %
Industries Diagnostic Labs
Locations  Chandigarh
Local Time 8:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
INR 12 lakh for 10.0% annual interest, 3 years (Native Currency: INR 1,200,000)
Reason: Seeking funding to procure instruments for own lab setup. The sales and EBITDA margins are high due... View More
Collateral Available: INR 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Located in Chandigarh, this business operates under as a franchisee of a well-regarded diagnostics brand, offering comprehensive and dependable blood sample collection services.
- Lifetime franchise agreement already established, eliminating renewal concerns, and the upfront brand fee of INR 1 lakh is fully settled.
- Operating under a commissions-per-sample invoice model, we retain a substantial 40% of the invoice, generating around INR 8 lakhs per month from these commissions.
- Primarily caters to government clientele, including a major army hospital, thereby ensuring a consistent pipeline of pathology diagnostics service requisition.
- Handles an average daily inflow of 10-15 samples, reflecting a steady demand and growing market presence in the diagnostics sector.
- The business holds necessary legal certifications, including GST and Udyog registration, underscoring its compliance and operational legitimacy.
- Strategic plans are underway to expand operations by establishing an in-house diagnostic testing lab, aiming to enhance service efficiency and capture greater market share.
Products & Services Overview
Blood sample collection services, with top-selling tests including CBC, LFT, RFT, lipidogram, and TFT. Primarily serving government clients, such as a major army hospital, the business processes 10-15 samples daily, ensuring a steady demand for its comprehensive pathology diagnostics.
Assets Overview
The business currently holds no significant physical assets, as we focus solely on sample collection, with testing in another lab.
Facilities Overview
Currently no dedicated office space, we collect samples at the clients' location. Now planning to rent out a facility to start own testing.
Capitalization Overview
Self-funded.
Having an outstanding bank loan.
There is 1 owner in the business.
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more