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Pharmacy for Sale in Lagos, Nigeria

For Sale: One of Nigeria's foremost online pharmacy which offers last-mile delivery of medications nationwide.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 233 thousand
EBITDA Margin 10 - 20 %
Industries Pharmacies + 1 more
Locations  Lagos
Local Time 1:01 AM Africa / Lagos
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 220 thousand (Native Currency: NGN 341,900,000)
Reason: Owner will like to divest and focus on other technology projects in the pipeline. The valuation is ... View More
Includes physical assets worth USD 1.94 thousand
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Business Overview
- The business has had over 50,000 customers.
- Traffic is heavily reliant on SEO and referrals.
- Over 20 pharmacy partners who supply needed medicines.
- Partnered with UPS, DHL, FedEx and others who deliver medicines nationwide.
- 2 owned dispatch bikes and in-house riders.
- A procurement team that also sources for products.
- Over 30,000 unique SKUs on the website consisting of medicines and medical equipment.
- 3,000 + drug requests monthly.
- 500+ confirmed orders monthly worth 25 to 30 million.
- Monthly site traffic - over 35,000.
- Android app on Play Store.
- Capacity to generate more than 80 million monthly if 70% of all the drug requests can be met with competitive pricing.
- Promoter has 10 years + of industry experience.
- Certificate of incorporation, commercial license and tax clearance in place.
Products & Services Overview
The business serves HMOs, hospitals, pharmacies and everyday patients via the various digital channels.
Assets Overview
Intangible assets include the very popular domain name, database of current customers and web assets.
Tangible assets include related assets in the registered pharmacy and dispatch bikes.
Facilities Overview
The facility is a rented location that houses the registered pharmacy premise, renewable yearly.
Capitalization Overview
Business is self-funded. The business generates enough cashflow and profit to pay bills. No loans or outstanding debts.
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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