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Hospital Seeking Loan in Murshidabad, India

Integrated healthcare service provider based in West Bengal seeks funds for a hospital project.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 16 %
Industries Hospitals
Locations  Murshidabad
Local Time 5:55 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 40 thousand for 12.0% annual interest, 2 years (Native Currency: INR 3,500,000)
Reason: Shortage of funds for the upcoming 50 bedded hospital. The amount will be used to acquire equipment ... View More
Collateral Available: USD 0
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- We are a medical group operating 3 nursing homes and 2 states of the art diagnostic centers with polyclinics.
- Total bed capacity is 85 including all units.
- Average footfall is more than 100 patients monthly including all services and the majority of income comes from the maternity home.
- We have one permanent doctor and 4-5 visiting doctors.
- Two of the nursing homes are empaneled with West Bengal Health Scheme by the state government.
- Have an advanced lab for hematology and a telemedicine enabled Mobile Medical Unit (MMU).
- The promoter has more than 10 years of experience in this profession and solely owns the nursing homes. He is a partner in the diagnostic centers which come under a private limited company.
- Hospital project is owned by the promoter and it is being constructed on leased space. The construction will be completed within a month, registration is due and we are seeking funds to equip the hospital with all amenities.
- We have also taken a bank loan for this project.
Products & Services Overview
OPD services, in-patient services, maternity home, tele-medicine and medical investigation or diagnostic services with USG and MRI facilities.
Assets Overview
Physical assets are land, building, three OT setups including 85 bed facilities worth approximately INR 20 lakhs and 1 mobile medical unit worth INR 18 lakhs. Intangible asset is the 6 year old trusted brand in peripheral healthcare.
Facilities Overview
- We have an owned nursing home of 5,000 square feet.
- Two nursing homes and two diagnostic centers are leased, each of them are approximately 8,000 square feet.
- A leased multi-specialty hospital is in the pipeline of 11,000 square feet.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Owner, Hospital, West Bengal, Individual Investor / Buyer connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Hyderabad, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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5 Investors already contacted this Business. Register below to connect now!
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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