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Diagnostic Lab Seeking Loan in Cuttack, India

Running 46-bedded multispeciality hospital seeks funds to start a new diagnostic centre.
This transaction has concluded.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 600 thousand
Run Rate Sales USD 660 thousand
EBITDA Margin 20 %
Industries Hospitals + 1 more
Locations  Cuttack
Local Time 1:54 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 240 thousand for 10.0% annual interest, 10 years (Native Currency: INR 20,000,000)
Reason: To open a diagnostic centre. Promoter is also open for an investment option.
Collateral Available: USD 120 thousand
Includes physical assets worth USD 360 thousand
Documents
Business Overview

- Well-known multi-speciality hospital in Cuttack, that's been in service for 5 years.

- Hospital has 46 beds with ICU, operation theatre, pharmacy and other related facilities.

- Occupancy rate is around 80-90%.

- This is a popular hospital in this vicinity with a good reputation.

- Now we plan to start a one of a kind diagnostic centre close to the hospital under the same company.

- We have already finalized the place to start the centre and once we receive funds, we will purchase all the required equipment and start the operations. The chosen place is close to the existing hospital and it would be easier to handle both the business.

Products & Services Overview

Multi-speciality hospital with different departments such as nephrology, neurology, dialysis, ICU, physical therapy, laboratory.

Assets Overview

Physical assets include equipment, testing devices, beds and other related equipment.

Facilities Overview

Hospital is in a 3-floor property on lease for 25 years. The new diagnostic centre will also be on a lease.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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.

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