Businesses Seeking Loan in Riyadh

- Doctor specializing in Pharmacology with 20+ years of experience in healthcare in the US and Saudi, planning to acquire a well established hospital. - He is running a business in same industry and is also a research specialist in pharmacology department in a prestigious university in Saudi. - The hospital, located under the royal commission in Riyadh, operates in the healthcare industry and has a diverse clientele, offering robust revenue streams and is accredited by recognized industry bodies. Has been running for 20+ years. - With experienced promoters and strong partnerships, the hospital is planning an expansion from 50 to 100 beds, aiming to enhance its multi-specialty services, including general surgery, cardiology, ophthalmology, and all major specialties. - The hospital is equipped with state-of-the-art facilities including OT, ICU, pharmacy, consultations, lab facilities, imaging, and parking, as well as staff quarters. - The business employs 300 permanent employees, in addition to contract employees, and has all the necessary licenses to operate in the healthcare industry. - The hospital has 75 permanent doctors and 55 visiting doctors, and has been recognized as an award-winning healthcare provider and innovator in the industry. - The business has experienced a high growth rate from SAR 125 million last year to SAR 240 million this year with 25% EBITDA margins, attributes to the improvisation and addition of facilities resulting in increased client flow. - With its trusted reputation, expansion plans, and commitment to exceptional patient care, the hospital presents an attractive investment opportunity in the healthcare sector.