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Profitable Medical Supplies Business Seeking Loan in Ozamiz City, Philippines

Seeks Loan: Business that provides medical supplies to its clients and has 10+ suppliers.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 285 thousand
Run Rate Sales USD 256 thousand
EBITDA Margin 20 - 30 %
Industries Medical Supplies
Locations  Ozamiz City
Local Time 2:45 AM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 89 thousand for 12.0% annual interest, 10 years (Native Currency: PHP 5,000,000)
Reason: Our planned expansion to other areas in Mindanao needs additional working capital and the recent pur... View More
Collateral Available: USD 22 thousand
Includes physical assets worth USD 125 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We are in the business of supplying medical devices to our clients.
- Our major clients are 10 local government units and 1 provincial government unit.
- We participate in government bidding.
- We are expecting a 50% increase in sales this year because we are in the process of signing a few more clients.
- The business has 10 private clients as well.
- 70% of our total sales are from government clients.
- The business receives around 10-15 orders in a month.
- We have 10+ suppliers in the company.
Products & Services Overview
Lab reagents.
Lab equipment.
Medical supplies.
Preventive maintenance for lab equipment.
Assets Overview
We have laboratory equipment installed at various government clients under a reagent tie-up scheme.
We also have 4 vehicles to be used for delivery and for our sales representatives.
Facilities Overview
We rented a space in a commercial area in the city that serves as our office. Our inventory is mostly for those fast-moving items.
The office has a carpet area of 25 sqm for which the rent is PHP 8,900 per month.
The business is located in Ozamiz city.
Capitalization Overview
Our business is funded by our previous transactions.
There is a single owner in the business.
There is no debt or liabilities in this business.
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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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