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Hospital Seeking Loan in Chennai, India

Eye hospital in Chennai with 30-50 daily patient footfall, 20 surgeries/month, seeking funds for expansion.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 285 thousand
Run Rate Sales USD 290 thousand
EBITDA Margin 40 %
Industries Hospitals
Locations  Chennai
Local Time 7:47 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 460 thousand for 11.0% annual interest, 5 years (Native Currency: INR 40,000,000)
Reason: Seeking funds for expansion of the hospital facility, and add more pediatric eye care specialty.
Collateral Available: USD 0
Includes physical assets worth USD 400 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Eye specialty hospital, located in Chennai.
- Services include eye care, cataract surgery, retina laser, Lasik and home visits.
- There is 1 full-time doctor and 3 visiting doctors.
- Facilities available are 1 OT, 2 consultation rooms, a waiting area, an optical store, a pharmacy and a laser room.
- Daily patient footfall is 30 to 50.
- Approx. 20 surgeries take place in a month.
- Planning to expand to 1 more floor and start pediatric eye care specialty.
- The hospital has a corporation license, and has applied CEA license, yet to get one. Planning to get LLP registration as well.
Products & Services Overview
Eye services include eye care, cataract surgery, retina laser, Lasik and home visits.
Top selling service is cataract surgery.
Assets Overview
Physical assets include interiors, furniture, medical and surgical equipment.
Facilities Overview
Rented hospital facility in Anna Nagar, Chennai.
Built-up area is 3,500 sq ft, 1 floor and rent is INR 2.2 lakhs per month.
Capitalization Overview
The business is self-funded.
Having outstanding bank loans of INR 2 Cr.
There is 1 owner, holding 100% shares in the business.
Recent Activity
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    Individual Advisor, Chennai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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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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