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Healthcare Portal Investment Opportunity in Abu Dhabi, United Arab Emirates

Health tech company that provides its users with affordable healthcare coverage at home.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2.7 million
Run Rate Sales USD 1.47 million
EBITDA Margin Operating at loss
Industries Healthcare Portal
Locations  Abu Dhabi
Local Time 3:52 PM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 900 thousand for 30.0% stake (Native Currency: AED 3,300,000)
Reason: 1. Technology development. 2. Investment to grow and streamline our logistics as we are also a logi... View More
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Commercial Licence
FTA Certificate
Business Overview
- The business provides mobile applications to book healthcare services at home.
- 50,000 customers in the UAE, mainly Emiratis.
- On average get 100-200 daily bookings.
- Have tied up with medical partners that provide trained doctors, nurses, and phlebotomists.
- Since we are a tech company we do not need to get any certification to provide the medical services as long as our employees have valid medical licenses.
- The business is currently operating at loss due to heavy investment into the tech and establishment of the business.
- Business has acquired all legal documents and has done the required due diligence for all employees and services provided by us.
- Sales of the business were high last year due to the covid cases and the services taken by our patients in that time period. The sales have also decreased this year due to the business highly focusing on getting all legal documentation and due diligence.
- Revenue is generated by charging fees for the services that are availed by the users.
- There is only 1 stakeholder in the business.
- Business is debt-free.
- Due diligence in addition to all legal fees.
Products & Services Overview
Home-based healthcare services include:
1. COVID-related testing (PCR, Antibodies, etc)
2. Wellness services like physiotherapy.
3. Phlebotomy services.
Assets Overview
The business is lean and has no tangible assets.
Facilities Overview
We are in the cloud but operate an extensive technology-enabled logistics network. Most of our employees work from remote locations. Have rented a small office as well.
Capitalization Overview
Not Disclosed
Recent Activity
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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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