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Medical Testing Equipment Business Seeking Loan in Haldwani, India

Medical device testing and calibration business with 300+ clients seeks funds for expansion.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 77 thousand
Run Rate Sales USD 81 thousand
EBITDA Margin 25 %
Industries Medical Testing Equipment
Locations  Haldwani
Local Time 1:50 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 22.5 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: For enhancing NABL in testing and medical device calibration. To buy 2 instruments for medical devic... View More
Collateral Available: USD 0
Includes physical assets worth USD 90 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
1. Medical device testing and calibration business with 300+ clients in Haldwani.
2. Offer calibration services including dimension, thermal, mass, volume, pressure, speed, acceleration, and medical device.
3. Provide testing services including clean room area qualification, compressed air and gas, biological safety cabinets, and rooms.
4. Tie-ups with leading hospitals, medical colleges, and pharma clients.
5. Good turnover and high returns in the service industry.
6. Repeat orders from the same clients yearly.
7. Clients include Max Healthcare and Renowned Medical Colleges, Govt Hospitals, Kirloskar Technologies, and AOV International.
8. Recently partnered with pharma clients and 4-5 clients including ITC.
Products & Services Overview
Calibration - Dimension, thermal, mass, volume, pressure, speed, acceleration, medical device.
Testing - Cleanroom area qualification, compressed air and gas, biological safety cabinets and rooms.
Assets Overview
Office stationary laboratory furniture, air conditioners, Calibrators and instruments for carrying out testing and calibration activities.
Facilities Overview
Promoter owned office space with a built-up area of 1,500 sq. ft. Well-established air-conditioned laboratory facility in mechanical and thermal meteorology.
Capitalization Overview
Have a business loan of INR 5L (current debt of less than INR 3L). No stakeholder or partner in business. Single proprietorship 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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