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Medical Devices Company for Sale in Chennai, India

Reputed company that manufactures medical devices and has 150 B2B customers pan India for sale.
This transaction has concluded.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 370 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 12 %
Industries Medical Devices
Locations  Chennai
Local Time 5:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 210 thousand (Native Currency: INR 17,500,000)
Reason: Owner is retiring.
Includes physical assets worth USD 100 thousand
Interested to connect with advisors
Documents
Business Overview

- ISO certified medical device manufacturing company headquartered in Chennai.

- We have a valid IEC certificate and export to Nepal and Srilanka.

- The company received the government of Tamil Nadu award for excellence in medical device manufacturing.

- We are a B2B company and have 150 + dealers throughout India.

- Our manufactured items have been legally registered under the statutory bodies.

- Our products are also manufactured on an OEM basis based on the client's bulk requirement.

- We mainly manufacture different types of medical suction machines for use in the home, small clinics & big hospitals.

- Our manufacturing capacity is 100 units per day.

- We also have participated in government tenders floated by TNMSC and won several tenders.

- Currently developing dental suction and NPWT (Negative Pressure Wound Therapy)

- We have 10 overseas principals.

- The medical suction devices market is growing at a CAGR of 5.7% over the next 5 years.

- The constantly rising incidence of chronic diseases is boosting the growth of the medical suction devices market throughout the world. Moreover, the increasing number of surgical procedures has also helped the growth of this market.

- The global market for suction devices in 2015 was estimated to be USD 720 million and now it has increased manifold.

- This is a family-owned business with three owners. The managing director has the majority stake in the company.

- The business has a CC limit of INR 50 lakhs which will be paid before the transfer of the company to the buyer.

- Our raw material is imported from China. Due to Covid, there has been a disturbance in the supply chain of the raw material. Because of this, there is a slight reduction in the reported sales of the current year.

Products & Services Overview

Medical suction devices market by type (AC powered, battery-powered, dual, manually operated), application (surgical, airway, R&D), portability (handheld, wall-mounted), end-user (homecare, hospitals and clinics, and wider use in ambulances)

Assets Overview

Physical assets include land in Kancheepuram with an area of 3,000 sq ft which is worth INR15 lakhs, mold, and machinery worth INR 20 lakhs, and raw materials worth INR 48 lakhs.

Facilities Overview

Operating on rental premises for the last 25 years on a built-up area of 2500 sq. ft. The business also owns a land of 3,000 sq ft which is included in the transaction.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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