Bootstrap Hospital Pharmacy Raising Funds In Meerut
About Business
The proposed pharmacy will offer a range of prescription and over-the-counter medicines, medical supplies, health supplements, and personal care products, along with prescription fulfillment, medication management, health and wellness advice, and potentially home delivery services.
Clientele type
The pharmacy will provide medicines, medical supplies, supplements, and prescription services.
Premises
Premises will be provided by hospital.
Asking Price Includes
They are prepared to raise funds through equity.
Asking Price
INR 2.00 Cr
Minimum ticket size
INR 2.00 Cr
Reason
The promoter want to develop pharmacy within the hospital and for that they are raising funds.
More Details
The promoter has secured a deal where the hospital provides the land and electricity for a pharmacy store within the hospital. They are responsible for paying staff salaries, approximately INR5 lakhs per month, while the hospital owner receives 30% of the counter sales.
Deal Structure:
Land & Electricity: Provided by the hospital.
Staff Salaries: INR 5 lakhs per month.
Hospital Share: 30% of counter sales.
Financial Model:
Monthly Assumptions:
Operational Beds: 130
Medicine Consumption per Bed per Day: INR 5,000
Total Sales per Day: INR 6,50,000
Total Sales per Month: INR 1,95,00,000
Costs:
COGS: 50% of sales (INR 97,50,000)
Wastage & Logistics: 5% of sales (INR 9,75,000)
Total Direct Costs: INR 1,07,25,000
Staff Salaries: INR 3,00,000
Total Costs: INR 1,10,25,000
Profit Calculation:
Gross Profit: INR 97,50,000
Net Profit before Hospital Share: INR 84,75,000
Hospital Share (30%): INR 58,50,000
Net Profit after Hospital Share: INR 26,25,000
The proposed pharmacy within the hospital has a projected total monthly sales of INR1,95,00,000, with costs and expenses totaling INR1,10,25,000, including direct costs and staff salaries. After deducting the hospital's share of 30% from the total sales, the pharmacy is projected to have a net profit of INR26,25,000. The arrangement benefits from the hospital providing the premises and electricity, reducing initial overhead costs and focusing primarily on staffing and operational management.
Keywords
Business Tags
₹10 to ₹200 Cr
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