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Manufacturer Of Powered Wheelchairs & Stairlifts Opportunity in Chennai, India

Chennai-based manufacturer of powered wheelchairs, stairlifts, etc. for disabled persons and senior citizens is seeking investment.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 30 - 40 %
Industries Medical Supplies and Equipment
Locations  Chennai
Local Time 8:37 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 270 thousand for 20.0% stake (Native Currency: INR 20,000,000)
Reason: Need funds for expanding market network and also to meet a portion of working capital needs.
Includes physical assets worth USD 900 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Business has few thousand customers all over India who have bought equipment from it over 19 years.

- Customers are individuals and institutions.

- Have experience of conceptualizing and manufacturing several customized equipment for persons with disabilities.

- From annual turnover of Rs. 4 lakhs per annum in 1998, business now has sales of around Rs. 2 cr.

- First business in India to manufacture powered wheelchair and stairlifts.

Products & Services Overview

Battery powered, joystick operated wheelchairs.

Stairlifts.

Wheelchair lifts for auditoriums, vans, buses, trains and swimming pools.

Facilities Overview

We have a manufacturing facility that includes 50,000 square feet of built up area in land measuring 6.00 acres all in a single floor (groud floor).

The property is owned by the business.

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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