Pharmacy Business Raising Funds In Mumbai
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About Business
The business has operates with two medical retail outlets in Mumbai since 2020, offering a wide range of products, including branded, ayurvedic, surgical, and generic medicines.
Long-Term Vision:
Expansion Plans: Establish 100 physical Aarogya Medical Outlets across India within the next 7 years.
Backward Integration: Venture into in-house manufacturing of own-brand medicines once a substantial business volume is achieved.
Profitability Goal: Achieve a profit margin of 40-45% within 7 years through enhanced control over the supply chain and a larger share of generic medicine sales.
Clientele type
The stores cater primarily to the local population.
Premises
The stores collectively occupy approximately 900 sq. ft. of carpet area. The combined monthly rental for both locations is INR 80,000.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 1.50 Cr
Minimum ticket size
INR 45.00 L
Reason
The owner is looking to raise funds to meet working capital needs and for the procurement of inventory to support growth and expansion plans.
More Details
Founder Profiles:
Founder 1: A pharmacy industry veteran with nearly 20 years of experience. He has worked with notable organizations such as Zippin Pharma (Zeno Health, formerly Generico) and Karachi Pharmacy – Kalyan. He oversees purchase and inventory management.
Founder 2: Brings over a decade of experience in sales, marketing, and administration. He has worked with companies like Tata Consultancy Services and United Health Care. He is responsible for employee grooming, in-store sales, and on-field marketing.
Founder 3: Has nearly 20 years of experience across sales, back-office operations, business consulting, and software development. His professional background includes stints at P&G, Citigroup, Deutsche Bank Group, and Tata Consultancy Services. He focuses on marketing strategy and overall operational management.
Currently, 14 employees work in the business.
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₹10 to ₹200 Cr
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