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Nursing Home for Sale in Bangalore, India

Retirement home built over a land of 2L sqft that has around 200 units.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 750 thousand
Run Rate Sales USD 840 thousand
EBITDA Margin 20 %
Industries Nursing Homes + 1 more
Locations  Bengaluru
Local Time 6:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 930 thousand (Native Currency: INR 80,000,000)
Reason: Promoters want to retire but want the company to grow and live on. The business has the potential to... View More
Includes physical assets worth USD 700 thousand
Interested to connect with advisors
Documents
Business Overview
- We are a well-recognized name in the construction and management of high-end retirement communes.
- Business is involved in the construction of retirement homes.
- Our project has received the best development in this category from a reputed media house.
- The current project of the retirement home is the business that is for sale.
- The promotor has 30+ years of experience in the construction industry.
- We have built 182 units out of which 120 have been sold.
- 100% of the infrastructure has been completed.
- INR 48L is the cost of one unit which is 2 BHK apart occupying an area of 1,250 sqft.
- The commune also has a 1,400 sqft clubhouse.
- Part-time employees are hired for construction.
Products & Services Overview
Luxurious retirement commune with 2 BHK homes occupying 1,250 sqft and a clubhouse occupying 1,400 sqft.
Assets Overview
Land being developed in Mysuru and office space in Manipal Centre in Bangalore.
Facilities Overview
Our current project is on an 8-acre property, fully developed with world-class infrastructure having a total built-up area of around 2 lakhs sqft in Pandavapura.
Capitalization Overview
The business is self-funded and we are a zero-debt partnership firm. We are 2 partners with equal percentages (50% each) in the partnership. The shareholding is held within the family.
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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