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Profitable Healthcare Portal Investment Opportunity in Khulna, Bangladesh

Seeking Investment: Company offers a proprietary online healthcare portal that provides a range of services.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 15 thousand
Run Rate Sales USD 16 thousand
EBITDA Margin 40 %
Industries Healthcare Portal
Locations  Khulna
Local Time 5:45 PM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 460 thousand for 30.0% stake (Native Currency: BDT 50,000,000)
Reason: The proceeds from the investment will be used for: - Funding working capital requirements. - Expan... View More
Includes physical assets worth USD 9 thousand
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Business Overview

- Our company offers a proprietary online healthcare portal that allows its users to book a broad range of healthcare services.

- The portal is essentially a website and we do not have any mobile application as of now. However, they are under development and will be launched in the upcoming months.

- Currently, our partnered hospitals, diagnostic centres, ambulances, donors and all our services are based only in 4 districts of Bangladesh: Khulna, Barishal, Jashore, and Satkhira.

- We are partnered with 80 hospitals who have enlisted their 400 doctors on our portal. Users can simply visit our website, choose their desired doctors and book an appointment with them directly.

- Our portal also has over 100 partnered diagnostic centres who have enlisted their radiology services on our platform. Users can simply choose and book their desired radiology test and then visit diagnostic centre.

- We have over 3,000 active blood donors registered on our portal. Anyone who wishes to become a donor, can visit our website and register as a donor. Any user who is looking for blood for either themselves or their relatives can connect with blood donors through our platform.

- The portal has partnered with over 20 ambulance service providers. Users who is in immediate need of an ambulance can connect with the service providers through our platform.

- We facilitate about 900 successful doctor's appointments and 250 diagnostics appointments every month through our platform. The number of successful connections with blood donors and booked ambulance services varies each month.

- Currently, the company is generating the entire revenue through our doctor's appointments services. Our diagnostic appointment booking services will begin monetising in the upcoming months. However, we do not plan on monetising our blood-donor connection and ambulance-booking services in the future.

- The company generates revenue by charging the partnered hospital. The user does not have to pay any amount for booking the services. The hospital pays us a monthly fee that is either BDT 1,500 or BDT 3,000 for getting appointment leads through our website. The fee remains fixed regardless of the number of leads we send. The fee varies as per the number of doctors the hospital is enlisting on the portal.

- We have 35 fee-paying hospitals for now and the remaining hospitals are not paying any fee yet. Currently, this is the only source of revenue for the company.

- However, in the upcoming months, we will begin charging the remaining partnered hospitals. The same revenue model will be followed with our partnered diagnostic centres as they are not paying any fee right now.

- The business is extremely valuable due to the large number of partnerships we have established over time along with our niche business activities in the Bangladeshi market.

Products & Services Overview

Our online healthcare portal has the following features:

- Book doctor's appointments in multiple disciplines of medicines: cardiology, oncology, urology, neurology, etc.

- Book diagnostic appointments for multiple radiology requirements: X-Ray, ultrasound, CT scan, MRI, etc.

- Connect with blood donors.

- Book an ambulance from the nearest location.

Assets Overview

Physical assets include:

- Laptops, computers and other tech hardware.

- Furniture and interior fittings.

Facilities Overview

The business runs operations from a rented facility spread across 1,200 sq. ft. in Bangladesh.

Capitalization Overview

This is the self-investment project, with no debt/loan, one ownership business. Operation is running over 6 divisions in Bangladesh.

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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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