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Hospital Seeking Loan in Visakhapatnam, India

Planning to start a multi-specialty 40 bedded hospital located in Gopalapatnam, Visakhapatnam.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hospitals
Locations  Visakhapatnam
Local Time 4:22 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 240 thousand for 10.0% annual interest, 2 years (Native Currency: INR 20,000,000)
Reason: To acquire the property on a long lease for a 40-bed multi-specialty hospital, to procure the IVF eq... View More
Collateral Available: USD 120 thousand
Includes physical assets worth USD 300 thousand
Interested to connect with advisors
Business Overview

- Experienced doctors are planning to start a multi-specialty hospital in Visakhapatnam.

- Business will be registered as a Pvt Ltd within 1-2 months.

- Already finalized the facility and paid initial instalment for the machinery and equipment.

- Interior work will start in 3 months and the operations will start in 6 months.

- Hospital will have 40 beds and will offer healthcare services for maternity, gynaecology, infertility, pediatrics, orthopaedic, general surgery, general medicine.

- The facility will have 6 doctors with a minimum experience of 10 years.

- Hospital will be located in a densely populated residential area.

- Promoter is a doctor and has more than 10 years of experience.

- Business owns website, few machinery, equipment, furniture and advance for the facility.

Products & Services Overview

Multi Speciality Hospital with planned services such as Maternity, Gynecology, Infertility, Pediatrics, Orthopedic, General Surgery, General Medicine.

Facilities Overview

Finalised and made a down payment for a 15,000 Sq Ft building facing the main road that will be on long-term lease.

Capitalization Overview
Not Disclosed
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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