Healthcare Services Company Investment Opportunity in Port Louis, Mauritius

- This is a USD 100 million funeral business opportunity in Mauritius with plans to expand into Africa over the next five years (The prepaid funeral market is estimated at USD 184 million in Mauritius and over USD 1 billion when scaled in Africa).
- The promoter and associates have over 25 years of experience in the funeral service sector, and the company already has a client base of more than 1,000 clients and an portfolio value of over USD 550 K (MUR 24 million).
- An opportunity to own part of a fully well-functioning and licensed funeral business in Mauritius operating in accordance with international standards for funeral home management.
- Company is registered as an SME with the Ministry of Industrial Development, SMEs, and Cooperatives and holds a certificate for data protection and management with the Data Protection Officer.
- Currently, we provide approximately 15-20 funeral services on a monthly basis and have a customer base of 1,203 monthly contributors.
- Out-of-the-box action plan to expand the customer base to 25,000 in 2 years and 100,000 in 5 years.
- Collaboration with a well-established local insurance company to promote their life insurance products and to introduce cashless funeral services for their clients.
- Presently operating within Mauritius, but aiming to diversify our client base and business exposure across Africa, Europe, and Asia in the upcoming years.
- With our in-house production of funeral products (coffins and urns) and strict operating cost control, we will be able to operate at a more competitive price.
- The promoters are prospecting the Kenyan and Rwandan markets in order to adapt the company's business model and aim to expand into these 2 markets in early 2024.
- Promoters aimed to expand to Asian and European countries by 2025. With the aging population of both continents, the need for pre-planning services and funeral parlors will increase steadily. (Example: South Korea: 275 K births for 307 K deaths; Germany: 773 K births for 985 K deaths; Italy: 404 K births for 746 K deaths)