business

CY0279S

MEDICAL GROUP OFFERED FOR MAJORITY SALE - CYPRUS

 
Business Type: Health Care & Medical Services
Location: In all towns, All Districts, CYPRUS  
Type of Tenure: Leasehold
Business Reference: CY0279S
Asking Price: € 8.000.000
 

Description

Rationale for Offer

The Medical Group (the “Group”) is well established and profitable with a track record dating back to 1996 and to 2009 as an incorporated entity in Cyprus. In recent years the Group has achieved very high growth rates with respect to the range of services offered, turnover and profits. However, due to strictly personal circumstances, the prime movers are not in a position to commit the time and effort required henceforth to maintain these high growth rates.

Therefore, an opportunity is presented to suitable investors to acquire a majority interest in the Group, capitalize on the solid groundwork already laid down and achieve extraordinary growth. 

Desired Investors’ Profile

New investors will be expected to take full Management control and devote the time and energy needed to take the Group to the next level.  Current prime movers will provide support and training, otherwise they are ready to take a “back-seat” as minority shareholders, unless of course an outright acquisition is agreed. In the case of an acquisition for anything less than 100%, investors will need to demonstrate their ability to effectively manage and grow the business, either by virtue of their track record/experience or their existing business network, preferably both.

Business Basics

The Group offers a wide range of mainstream and alternative medical treatments, as well as anti-ageing/ rejuvenation treatments.  Its client base is to a large extent based on incoming medical tourism, however international licensing and joint ventures have started with huge further prospects to achieve rapid expansion.

The Group is uniquely positioned within the domestic (Cyprus) market, as it enjoys a virtual monopoly for certain highly specialized medical treatments, but also in the international market, as it’s the exclusive licensee outside the Americas of cutting-edge treatments developed by a USA-based stem cell & biotechnology firm.

An indicative list of treatments offered is shown below:

  • Embryonic-type Stem Cell treatments (as of March 2019)
  • Hyperbaric Oxygen Therapy
  • Ozone treatments
  • Lymphatic Drainage de-tox
  • Cryotherapy
  • Deep Infra-red Sauna, and many more

The Group operates three medical facilities in Cyprus and has recently acquired a majority interest in a Danish cosmetic surgery company. All facilities are leasehold.

Indicative Valuation:

The consistently high growth rates of the Group, together with the lucrative prospects of the new Stem Cell line of business, present considerable challenges in arriving at a fair value. Shareholders are reasonable in their expectations, aiming to achieve a valuation based on the average of actual 2019 results and well documented 2020 projections. EBITDA is well on track to reach €850.000 in 2019 and is expected to exceed €2,9 Million in 2020.

 

A valuation of €8 Million for 100% of the Group is expected, with suitable adjustments for smaller percentages. Deal terms, such as timing of payments, will also impact the final price-tag.

A detailed Offering Memorandum is available for suitably qualified investors, subject to signing a Confidentiality Agreement.

 

Photos

  • The present business is offered for sale by DealMasters.  Any information downloaded or printed is intended strictly for private use by you as a Registered User of our web-site; it may not be copied, published or distributed in any manner. 
  • You are advised that this is a confidential sale, therefore no direct approach to the business owners or business premises should be made and all viewings should be arranged through DealMasters. 
  • Prior to disclosure of the identity of the business and/or its owners, business financials and other operational details, interested parties will sign the standard Confidentiality Agreement, which can be downloaded here or sent to you by fax upon request.
  • We do not perform any due diligence on businesses for sale, business owners, or the information provided by them.  Such information is passed on by us without any guarantee or responsibility. Interested Buyers are strongly urged to perform thorough due diligence prior to acquiring a business
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