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Healthcare Startup business looking to raise fund

Listing ID: SL000002 Posted By: Third Party
Verified User Information:
🏢 Industry: Healthcare & pharmaceutical
📍 Location: Chennai
💰 Asking Price: 7.0 Cr
🏢 Entity Type: Sole Proprietorship
📅 Started In: 2018
📈 Interested In: Raise funds via equity
📊 Sales/Turnover: 1.0 Cr
FY 2023-24
👥 Employees: 5
📉 EBITDA: 1.5 Cr
✅ Operational Status: Running

Contact Details

Website: w********************
Name: J**** P****
Email: h**********@****.com
Mobile: 99*******5

Company Details

Product / Service: Product

Clientele Type: The company currently has over 1,000 clients who regularly use its products.

Premises:

OWNED
Premise Size: 800 sq ft
Market Value (in INR): 7.00 Cr

Asking Price Includes:

Formulation of products, existing machinery, continue current premises on rent, founder to continue to mentor for 2yrs full time for business stabilization

Reason: The founder envisions passing the business on to the next generation, with the hope that it will continue to grow and thrive. Recognizing the huge market potential, the founder wants to ensure the business's success in the long term. However, due to age and increasing focus on other socially beneficial interests, the founder is unable to devote the necessary time and energy to marketing and expanding the business. The founder seeks to hand over the company to the next generation, ideally someone who has the passion to grow the business and fully understands its true value.

Other Details: The founder possesses extensive knowledge of herbal medicines and their formulations, which has played a key role in launching over 54 successful products, with several more in the pipeline. The founder is keen to grow the business and is open to collaborating with an investor for the next 2-3 years. While the asking price is negotiable, the primary focus is on ensuring the company's growth and enhancing its brand value. Having been in operation for over 30 years, the company has established a strong brand presence and value in the market.