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Hospital Seeking Loan in Hawally, Kuwait

Kuwait-based healthcare group seeks funding to establish and open a new super-specialty center in Hawally.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.12 million
Run Rate Sales USD 1.5 million
EBITDA Margin Nil
Industries Hospitals
Locations  Hawally
Local Time 2:20 PM Asia / Kuwait
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 3.25 million for 8.0% annual interest, 7 years (Native Currency: KWD 1,000,000)
Reason: Need funds to develop another medical center. The new center will be only 50 meters away from our cu... View More
Collateral Available: USD 0
Includes physical assets worth USD 390 thousand
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Business Overview
- Healthcare group with one operational super specialty center.
- This center is a center of excellence for dermatology but does not have an ICU or OT.
- The group has begun work on establishing another super-specialty center 50 meters from the current center.
- An identical building of 60,000 sq. ft. has been selected and we have already obtained a 15-year lease for it.
- We still need to purchase equipment and finish work on the fixtures of the new center.
- We are currently operating at breakeven.
- Medical center is operated by a debt-free sole proprietorship.
- Detailed business plan will be provided to investors who give a positive response. All further details will provide at the time of discussions.
Products & Services Overview
Health care, medical service, pharmacy, pharmaceutical supply, private lab, radiology service.
Assets Overview
The physical assets owned by the company include the medical equipment and furniture of our operational center.
Facilities Overview
The newly leased building has a built-up area of 60,000 sq. ft. over 9 floors. The building has a basement, and only the ground floor is fully furnished.
Our current center is also leased and has identical specifications.
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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