A unique opportunity to acquire a leading pharmacy located in a prime mall location in Dubai, UAE. The pharmacy specializes in providing a range of pharmaceutical products and services, with a strong focus on delivering high-quality medications and health solutions to meet diverse patient needs. The business is established but still relatively new, with operations beginning in 2023, making it an exciting prospect for potential buyers interested in further growth and expansion.
Key highlights:
Prime Location in Dubai: Situated in a mall, the pharmacy benefits from high foot traffic and visibility, making it a strategic location for customer access.
Growth Opportunities:
• Service Diversification: The potential to introduce additional services such as in-house clinics, wellness programs, or chronic disease management can attract a broader customer base.
• Telepharmacy expansion: Developing a telepharmacy platform for remote consultations and medication management can cater to the growing demand for digital healthcare services.
• Partnerships and Collaborations: Forming partnerships with hospitals, clinics, or physician groups, as well as collaborating with insurers, can lead to steady business growth and enhanced customer loyalty.
Strong Asset Base: The business boasts AED 510,713 in total assets, including AED 45,061 in accounts receivable and AED 400,000 worth of furniture, fixtures, and equipment (FF&E), which are included in the sale.
Affordable Lease Terms: The pharmacy operates with a monthly lease of AED 8,500, which is renewable, ensuring continuity in a high-traffic mall setting.
Low Employee Overhead: The business operates with only one full-time employee, making it easier to manage labor costs and ensuring operational efficiency.