Health Insurance Company for Sale in Kochi, India
Established | 20-30 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 180 thousand |
Run Rate Sales | USD 180 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Back Office Outsourcing + 1 more |
Locations | Kochi |
Local Time | 9:54 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- All company processes are HIPAA compliant.
- Recurring monthly contracts of USD 10,000.
- This entity was established 18 years ago as a fully owned American company incorporated in India. Business is fully operational.
- All contracts are given by an American entity with the same name.
- Debt-free business with no liabilities.
- There are two directors and 100% shares are owned by an American citizen who is the CEO of the American entity.
- The Indian director of this company has been in this business for the last 24 years and they were key to the commencement of India-based operations 18 years ago.
- The buyer gets the legal entity, along with its contracts, staff, and deed for the leased spaces.
Images are processed using technology aided forms recognition and optical character recognition. Captured data is processed through automated data validation. Data integrity is assured through operator-assisted modules and processes. All processes are HIPAA compliant.
All operations are based on a seamless workflow that extends from Ca in the USA to Kochi in India.
The leases, equipment and software have a combined value of USD 112,500.
The first facility is an approx 4,500 sq. ft. space in an SDF (standard design factory) building. The lease for this facility is renewable once every five years through a seamless process.
The second facility is an independently located two-floor office building in 25 cents of leased land. This independent plot has a built-up area of 3,000 sq. ft. and has a toilet block of 900 sq. ft.
The plot (land) is held on a 15+15-year lease with the SEZ Authority - Government of India. Currently in the sixth year of the lease.
Both facilities are on a renewable lease basis with the lessor being the Govt. of India, SEZ Authority.
Rent payable currently works is INR 1.92 per sq. ft. per month for the land (plot) area and INR 13.30 per sq. ft. per month for the space occupied in the SDF building.
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Earlier than 15 daysConsultant, Business Consulting, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysInvestment Analyst, Healthcare Billing, Chennai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysIndependent Advisor, Manila, Business Broker connected with the Business