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Medical Equipment Wholesale Business Seeking Loan in Srinagar, India

Srinagar-based medical equipment supplier serving hospitals with growing sales and strong demand, seeks funding.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 127 thousand
Run Rate Sales USD 190 thousand
EBITDA Margin 10 - 20 %
Industries Medical Equipment Wholesale
Locations  Srinagar
Local Time 10:41 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 64 thousand for 12.0% annual interest, 7 years (Native Currency: INR 6,000,000)
Reason: To fulfill existing and upcoming orders from hospitals for modular operation theatres and medical eq... View More
Collateral Available: USD 0
Includes physical assets worth USD 53 thousand
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Business Overview
- Trusted supplier of hospital medical equipment and devices, operating from Srinagar, Jammu and Kashmir.
- The business specializes in medical equipment dealership and services, catering to hospitals across the region.
- Over the last financial years, the company recorded sales of approximately ₹1–1.2 crore, with consistent month-on-month growth driven by increased orders and social media marketing efforts.
- The business provides essential equipment for modular operation theatre setups, supporting hospitals in enhancing their infrastructure and services.
- Currently supplying to around 50 hospitals across Jammu and Kashmir, sourcing products from both brand manufacturers and authorized distributors.
- Holds a valid drug distribution license, strengthening its position and credibility in the healthcare supply sector.
- The business serves a diverse healthcare clientele, ensuring steady demand and repeat orders.
Products & Services Overview
- Wide range of medical equipment, including anesthesia workstations, X-ray machines, ventilators, modular operation theatre setups, BiPAP/CPAP machines, oxygen concentrators, and oxygen pipeline systems.
- Primarily supplying to hospitals and healthcare facilities across Jammu and Kashmir for patient care, diagnostics, respiratory support, and surgical procedures.
Assets Overview
Physical assets include a service center with fully operational systems and all necessary software, tools and equipment for the installation and maintenance of medical devices, and dealership rights for Fresenius Kabi medical devices, Evox oxygen concentrators, and other medical equipment brands.
Facilities Overview
Operating from a rented building in Srinagar, comprising 3 floors and 5 rooms used as an office and service center, with a monthly rent of INR 35,000.
Capitalization Overview
Sole proprietorship owned 100% by the promoter. The business is financed through the owner’s capital and a JK Bank cash credit/loan facility, with an outstanding balance of approximately ₹32 lakh.
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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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