Established Old Age Home Health Care Available for Sale

About Business

The company is an integrated healthcare service provider based in Bangalore, offering a range of services across clinical care, diagnostics, and routine specialty care. At present, its operations are focused within the Bangalore market.

It caters to patients requiring both short-term and long-term care. The services cover a wide range of medical needs, including recovery support for conditions such as paralysis and brain stroke, post-surgical care, fracture and joint replacement cases, as well as treatments like bedsore management, nebulization, IV fluid administration, and physiotherapy. The team also assists with general recovery and emergency care requirements.

Clientele type

NRI people's parents, Aged sick people, no children, senior citizens, etc

Premises

OWNED

Premise Size: 15040 Sqft

Market Value (in INR): 16.00 Cr

The property is registered under the owner's and their wife's name. They have a 2400 sq ft BDA (Bangalore Development Authority) allotted site (600sqft Freeland Garden purpose), a total of 7 floors constructed, Built-up area is 15040 sq ft.

1. Site bought in November 2015.
2. Constructed in 2019.
3. 60ft Main Road property.
4. Kaveri Water Connection Available.
5. One Borewell.
6. Domestic BESCOM (Electricity Connection) available.
7. 8 Passenger Lift Available.
8. The entire building, all the rooms, are connected to Tata Sky Cable.
9. 35 KV Automatic Diesel & Pinnacle Generator (Eicher Engine) available.
10. 600 sq ft of free land converted to a garden.
11. Basement has a common kitchen, 1 staff room, 2 store rooms, and 1 big godown.
12. Ground floor has the CEO office room, Medical room, reception, and a 2000 sq ft area for Yoga, Group exercise area.
13. 1st floor, 2nd floor & 3rd floor have typical floors, each floor has 13 rooms with attached toilets, a total of 3 floors, 39 Rooms, all 3 floors have a balcony & a common area.
14. The 4th & 5th floor is Duplex House.
15. Lift connected to the 4th floor.
16. 55 nos of Cot/Bed/Chair/Table/65 nos Almirah/Instant Geyser.

Asking Price Includes

Building, Business and Medical equipment, stocks and other movable items.

Reason

The owners are moving abroad.

More Details

They can convert this old age home to a medical nursing home.
If the building gets converted to a nursing home (proposed) 1. Ground floor vacant place converted to a physiotherapy centre, income will be Rs. 5,00,000/- (Rupees five Lakhs only) per month, Yearly Average Rs. 60,00,000/- (Rupees Sixty Lakhs only). 2. 4th Floor converted 15 beds ICU set-up 15 beds (Rs. 15,000/- ICU Bed charges per day) income will be calculated for 20 days, Rs. 45,00,000/- (Rupees Sixty lakhs only) per month, Yearly Average Rs. 5,40,00,000/- (Rupees Five crores and forty lakhs only). 3. 1st floor is out / ICU patient ward, 2nd, 3rd floor old age home income yearly Average Rs.2,00,00,000 (Rupees Two Crores only). Total Proposed expected Yearly Average income Rs.7,40,00,000/- (Rupees Sevan crores forty Lakhs only).