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Newly Established Pharmacy Seeking Loan in Chaguanas, Trinidad

Community retail pharmacy startup in Chaguanas forecasts TTD 150-180k sales/month, offer OTC and prescription medications.

Established 0-1 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Pharmacies
Locations  Chaguanas
Local Time 5:03 AM America / Port of Spain
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 59 thousand for 9.0% annual interest, 10 years (Native Currency: TTD 400,000)
Reason: Seeking funds to procure stocks and equipment. The loan can be repaid through alternate revenue sou... View More
Collateral Available: USD 0
Includes physical assets worth USD 29.4 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Retail pharmacy start-up business focused on dispensing both over-the-counter (OTC) and third-schedule medications.
- Strategically situated in Chaguanas, a central and growing area, allowing for optimal accessibility and potential foot traffic from local residents and businesses.
- The pharmacy plans to offer a comprehensive range of products, including pharmaceuticals, OTC drugs, 3rd schedule prescription medication, snacks, drinks, and miscellaneous items, ensuring a one-stop shopping experience for customers.
- The business aims to enhance customer convenience by providing delivery services and accepting orders via WhatsApp.
- Led by a licensed pharmacist, the promoter brings essential industry knowledge and expertise.
- Projecting monthly sales between TTD 150,000 and TTD 180,000.
Products & Services Overview
Pharmaceuticals and medications:
- Over-the-Counter (OTC) drugs: A wide range of non-prescription medications such as pain relievers, cold and flu remedies, and vitamins.
- Third-schedule prescription medications.
- Comprehensive range: This includes various other pharmaceutical products, supplements, and health-related items.
Miscellaneous retail products:
- Snacks and drinks: Offering a selection of snacks and beverages for added convenience, catering to customers who prefer a one-stop shopping experience.
- Miscellaneous Items: Additional products like personal care items, wellness products, and daily essentials.
Provide delivery services and receive orders via WhatsApp targeting local residents.
Assets Overview
Physical assets include furniture, computers and storage equipment.
Facilities Overview
Open concept, ground floor, rented facility of 1,453 sq ft located in Chaguanas.
Capitalization Overview
Self-funded.
No loans or any external funding obtained.
There is 1 owner.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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