Newly Established Hospital for Sale in Zagazig, Egypt

- Semi-finished luxurious hospital in Egypt with a built-up area of 11,800 sq. metres, spread across 6 floors and a capacity of 250 beds.
- Plumbing, electricity, and fire safety systems have been installed but medical fittings and equipment need to be purchased and installed.
- Hospital is free of any debts.
- We conducted a dynamic feasibility study three years ago. The study projected that the hospital will be able to serve at least 600,000 people per year.
- Another projection from the study was that the net income after taxes (NIAT) will be at least 30% for the first three years of operations.
- The prospective buyer will require an approximate sum of USD 8.36 million for the first 6 months to operate the hospital. Out of this sum, about USD 2 million will be used to purchase the medial equipment and the remaining USD 6.36 million will be used to fund working capital requirements.
- Our company has never commenced any form of operations and hasn't generated any revenue since inception. The facility was built about 3 years ago and has remained un-used since. Our company owns the built-up area along with the land the hospital is built on.
- This transaction includes the transfer of the ownership of the hospital built-up area, the land on which the hospital is built on along with the entire registered legal entity.