Newly Established Pharmacy for Sale in Proddatur, India
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | Nil |
Run Rate Sales | USD 22.3 thousand |
EBITDA Margin | Nil |
Industries | Pharmacies |
Locations | Proddatur |
Local Time | 11:41 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Recently Active |
- The pharmacy offers general medicines, pediatric medicines, multivitamins, skincare products, and over-the-counter items.
- We attract customers by offering attractive discounts of 10-20% on our products.
- Even though we have been operational for just 37 days, we have successfully made INR 2 lakh in revenue by this time. Sales have progressively increased every day.
- Our service quality and discounts have been successful in attracting customers from local competitors as well.
- We are also in talks with manufacturers who can directly supply us and increase our margins.
- Monthly sales are currently INR 1,50,000, and the business aims to be profitable with an EBITDA margin of 10-15% within 6-9 months.
- Business has a trade license and a drug license.
Target market:
- People who have retired (we offer them direct free home delivery)
- Pregnant ladies.
- Different chronic diseases: cardiac, diabetes, ortho.
- Retail shop infrastructure worth INR 6 lakh.
- Technology assets worth INR 3.5 lakh.
- Product inventory of INR 15 lakh.
- Delivery logistics INR 1 lakh.
- Rented facility of 525 sq. ft. on the ground floor.
- 11 months left on the rental agreement.
- Monthly rent of INR 20,000 (less than market value of INR 25,000).
- Deposit of INR 1 lakh (included in the asking price).
- No loans or debts in the name of the business.