Established Old Age Home Health Care Available for Sale

About Business

Leading integrated healthcare service provider in Bangalore. The healthcare verticals of the company primarily comprise center, diagnostics and regular care specialty facilities. Currently, the company operates its healthcare delivery services only in Bangalore.

We take care of several types of patients needs long/short term care, that have suffered from Paralysis, Brain stroke, Fracture of Hip joint replacement, Bone fracture, Hairline crack, Bedsores dressing, Nebulization, IV fluids, Physiotherapy exercise, After surgery care, emergency care.

Clientele type

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

Premises

OWNED

Premise Size: 16250 Sqft

Market Value (in INR): 16.00 Cr

Property is registered in me & my wife name. We have 2400 sq ft BDA (Bangalore Development Authority) allotted site (600sqft Freeland Garden purpose), Total 7 floor constructed, Built-up area is 16250 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. Entire building, all the rooms Tata sky Cable connected.
9. 35 KV Automatic Diesel – Pinnacle Generator (Eicher Engine) available.
10. 600 sq ft free lands converted to Garden.
11. Basement has common kitchen, 1 staff room, 2 store room and 1 big godown.
12. Ground floor has the CEO office room, Medical room, reception and 2000 sq ft area for Yoga, Group exercise area.
13. 1st floor, 2nd floor & 3rd floor has a typical floors, every floor have 13 rooms with attached toilet, total 3 floors 39 Rooms, all 3 floors have Balcony, common area.
14. 4th & 5th floor is Duplex House.
15. Lift connected up to 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

Going Abroad

More Details

Our present average income is 2 crores per annum. We can increase this health care business 8+2 crores rupees per annum. They can convert this old age home to Medical nursing home.

If the building gets converted to nursing home (proposed)
1. Ground floor vacant place converted to Physiotherapy center, 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).
There are two partners me and my wife 50% share holders. We registered our partnership deed & firm in 2012.

Present income Details given below:-
1st floor, 2nd floor & 3rd floor has a typical floors, total 29 nos of rooms occupied with patients, total 32 nos regular in-house patients available. Monthly income from 32 nos patients Rs.15,00,000/- (Rupees Fifteen lakhs only). Yearly Average Rs.2,00,00,000 (Rupees Two Crores only).
Profit is 55% of total income.

Hospital Tie-up - We have tie-up with Fortis Hospital (IHH Health Care) in Bannerghatta Road, Bangalore.