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10 Million For Pharmaceutical Shop. - Health - Nairaland

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10 Million For Pharmaceutical Shop. by Olabukola11: 10:41am On Nov 06, 2022
Hi business minded people of Nairaland. I am a diasporan Nigerian and to be honest am tired of this UK and am thinking home now. I have a plan to come and invest in pharmaceutical retail business.
Am not a pharmacist, my plan is to employ a pharmacist that will run it while I supervise the day to day activities. Am thinking of starting it next year after the election. Set it up and go back to UK to finalize my final exit by Dec next yr. Am looking for location along Lekki Epe Exp or Ibadan Oyo State for now. Am hoping to make it a chain of pharma Stores in future

I have mapped out 10m naira for it, hope it will be enough.

Looking forward for your good advice and contributions.

Thanks and happy Sunday

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Re: 10 Million For Pharmaceutical Shop. by Ebubu: 10:58am On Nov 06, 2022
Olabukola11:
Hi business minded people of Nairaland. I am a diasporan Nigerian and to be honest am tired of this UK and am thinking home now. I have a plan to come and invest in pharmaceutical retail business.
Am not a pharmacist, my plan is to employ a pharmacist that will run it while I supervise the day to day activities. Am thinking of starting it next year after the election. Set it up and go back to UK to finalize my final exit by Dec next yr. Am looking for location along Lekki Epe Exp or Ibadan Oyo State for now. Am hoping to make it a chain of pharma Stores in future

I have mapped out 10m naira for it, hope it will be enough.

Looking forward for your good advice and contributions.

Thanks and happy Sunday

10m is not enough if you want to have a “talk-of-the-town” pharmacy where pple gossip of having every drug.

Barely enough.

unless just a “regular store”.
Re: 10 Million For Pharmaceutical Shop. by Munamoqel: 11:16am On Nov 06, 2022
Olabukola11:
Hi business minded people of Nairaland. I am a diasporan Nigerian and to be honest am tired of this UK and am thinking home now. I have a plan to come and invest in pharmaceutical retail business.
Am not a pharmacist, my plan is to employ a pharmacist that will run it while I supervise the day to day activities. Am thinking of starting it next year after the election. Set it up and go back to UK to finalize my final exit by Dec next yr. Am looking for location along Lekki Epe Exp or Ibadan Oyo State for now. Am hoping to make it a chain of pharma Stores in future

I have mapped out 10m naira for it, hope it will be enough.

Looking forward for your good advice and contributions.

Thanks and happy Sunday
do whole sale in open Markets .don't be the retailer be at the top of the food chain .
Re: 10 Million For Pharmaceutical Shop. by Ebubu: 11:23am On Nov 06, 2022
Munamoqel:
do whole sale in open Markets .don't be the retailer be at the top of the food chain .
like a distributor ?
Re: 10 Million For Pharmaceutical Shop. by Olabukola11: 11:24am On Nov 06, 2022
Munamoqel:
do whole sale in open Markets .don't be the retailer be at the top of the food chain .
to do this I need to go to the market and learn the trade. I think am too old for that.
Re: 10 Million For Pharmaceutical Shop. by Olabukola11: 11:25am On Nov 06, 2022
Ebubu:


10m is not enough if you want to have a “talk-of-the-town” pharmacy where pple gossip of having every drug.

Barely enough.

unless just a “regular store”.
Are you serious?
Re: 10 Million For Pharmaceutical Shop. by Munamoqel: 12:31pm On Nov 06, 2022
Olabukola11:
to do this I need to go to the market and learn the trade. I think am too old for that.
in Markets like a distributor ..that where the money is not some fancy shop .in whole sale you will be counting how many cartoon sold not how many tabs bought . The pharmacy will be doing the hard work .

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