Medical Device Business Investment Opportunities in Chennai

Established 9 years ago, we are a Chennai-based medical equipment rental company specializing in home healthcare solutions for individuals who are bedridden, recovering from surgery, or require medical support at home. - The business operates on a B2C model, supplying medical equipment directly to end users through both short-term and long-term rental plans, serving about 10 customers with daily or monthly billing options. - Depending on customer requirements, rental periods range from short-term needs to long-term contracts, with average rental cycles typically lasting between 1.5 and 4 years. - The business generates annual revenue of approximately INR 60 lakh through its medical equipment rental services. - The company plans to expand its presence by opening additional branches across different parts of Chennai to improve accessibility and serve a larger customer base. - The business was recently incorporated as a Private Limited company last year after operating successfully as a partnership firm for several years. - The company is registered with the Ministry of Corporate Affairs (MCA) and holds a valid Udyam registration. - Although the business experiences a relatively high customer churn rate due to the nature of temporary home healthcare needs, it maintains consistent demand by providing reliable equipment, flexible rental options, and quality customer service.