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Newly Established Hospital Seeking Loan in Aurangabad, India

Plan to start a multi-specialty hospital with 80 beds and 5 full time doctors.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hospitals
Locations  Aurangabad
Local Time 5:16 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 114 thousand for 24.0% annual interest, 3 years (Native Currency: INR 10,000,000)
Reason: Hospital expansion, addition of ICU beds, increase in staff.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Project Report
Business Overview
- We are planning on starting a multi-specialty by the end of the year along with IPD and OPD services.
- Currently the firm is in the process of being registered as a private limited entity and we would receive documentation within 8-10 days.
- The facility will be a 80+ bed hospital with 5 full time doctors and 10+ visiting doctors.
- The hospital is going to be 3 floors and a ground floor. Construction has been completed on 2 floors plus ground so far.
- We currently have a small clinic in the area that is run separately which we plan to incorporate under the new hospital once it is complete.
- The clinic provides OPD services only and has more than 100 patients daily.
- Both promoters have a combined experience of 22 years in the healthcare industry.
Products & Services Overview
ICU medicine department, gynecology (labor room with OT), pediatric (PICU and vaccination), general surgery/trauma, ENT, dermatology, neurology, rheumatology.
Assets Overview
The new entity does not have any assets.
Facilities Overview
Leased property for 10 years with 1,100 Sq Ft ground floor, 6,500 Sq Ft first floor, 7,600 Sq Ft second floor and 7,600 Sq Ft third floor.
Capitalization Overview
Not Disclosed
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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