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Profitable Medical Tourism Business Seeking Loan in Goa, India

Seeking funding for a Dental Retreat Resort targeting patients from Europe, Australia and Middle East.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 54 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 50 %
Industries Dentist Clinics + 1 more
Locations  Goa
Local Time 9:59 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 360 thousand for 10.0% annual interest, 7 years (Native Currency: INR 30,000,000)
Reason: To make a Dental Retreat Resort, and give most advanced Dental Services to NRIs and foreign Dental T... View More
Collateral Available: USD 360 thousand
Includes physical assets worth USD 36 thousand
Interested to connect with advisors
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Business Overview

- We want to start Dental Tourism in a big way targeting patients from Europe, Australia & the Middle East. We will also be targeting Goa NRIs since Goa has a large NRI population.

- We will have a JV with a leading Hospitality group for this Dental Tourism venture. We have already had talks with them. They have multiple hotels & resorts across the country including Goa. They are also constructing a brand new resort close to Morjim beach, Goa with luxurious cottages wherein we will have our Dental facility.

- The facility will be marketed abroad with the help of dental traveling agencies. Goa so far doesn't have such an unique Dental Resort and we'll have the first mover advantage with proven experience along with loyal patients. The marketing efforts will ensure we have patients visiting our Dental Resort all through out the year instead of just being a seasonal business.

- Dental Tourism would be on the lines of Medical Tourism which is a very successful concept in countries like Mexico, Thailand, Hungary & Spain.

- We are open to both Business Loan and Financial Investment in the venture as per the Investor preference.

- I am a Dentist and have 5 years of experience. Currently running 2 Dental Clinics and we have a team of 3-4 Dentists which includes my wife who is a Dentist too. I was also a Director of a Medical Tourism Company in the past.

- In my current set up we treat 100-200 international patients every year, growth rate: 10%. They are mainly from Middle East, European countries & Australia. We also have NRIs as our patients.

- Almost 30% of our patients are repeat patients. Patients save up-to 75% of total treatment cost in their country. Savings can amount to almost $20,000 - $30,000 per patient.

- Cost of full Dental Treatment In India is between from INR 5 - 10 Lakh. The same would be in the range of INR 25 - 40 Lakh in the patient's home country.

- The sales number updated is from my existing clinics.

Products & Services Overview

Smile Designing, Dental implants, Full mouth rehabilitation, Dermal fillers and Botox, All other Basic Dental Services. With focus on Lifestyle Dentistry and Emotional Dentistry.

Facilities Overview

2 Clinics with total area of 1200 sq ft, lease of 2 year remaining, single 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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