Time-honored Retail Pharmacy with Community-wide Reach
Dutiful care rewarded with loyal customers and bountiful profits.
Asking price
UGX 80,000,000
Space size
48 sqm
Monthly rent
UGX 1,200,000
Founded
2013
Team size
0 - 5
Description
An exclusive opportunity is now available to buy an established, profitable pharmacy with a long-standing reputation for personalized service. Located in a high-traffic, well-established residential/commercial area near medical offices and veterinarian clinics, it enjoys strong visibility and steady customer flow.
Founded in 2014, this 250 square metres pharmacy is your chance to own a well-regarded, profitable pharmacy known for its exceptional customer service, personalized care, and loyal customer base with unlimited growth potential in the thriving Ndeeba Road market.
This turnkey business presents a rare opportunity for pharmacists, entrepreneurs, or investors to step into a profitable and reputable operation. Don’t miss this opportunity to invest in a business that makes a difference in people’s lives while delivering strong financial returns.
- Prime Location: Strategically situated in a high-traffic area with excellent visibility and accessibility, surrounded by residential communities, medical offices, and retail businesses.
- Established Reputation: Over 11 years of trusted service, this Pharmacy is a staple in the community, with a strong base of repeat customers and positive word-of-mouth referrals.
- Diverse Revenue Streams: In addition to traditional prescription services, non sterile compounding lab, the pharmacy offers OTC products, wellness consultations, vaccinations, and a growing e-commerce presence.
- Fully Licensed and Accredited: The pharmacy holds all necessary licenses and certifications, ensuring a seamless transition for the new owner.
- Modern Infrastructure: Fully equipped with state-of-the-art technology, including newer fixtures, point-of-sale systems, and an efficient workflow layout.
- Staffing in Place: Experienced, knowledgeable, and dedicated staff who prioritize patient care and operational excellence. Most of Staff and Manager have been with owner since opening
- Strategic Synergy: There’s an opportunity to merge with a neighboring business, resulting in reduced overhead costs such as rent, payroll, and licensing.
- Solid Revenue Streams: The business holds contracts with all major insurance carriers, and a wholesale license, ensuring a smooth transition for an experienced operator or investor.
- Expanded Service Offerings: A newly executed collaborative agreement with a doctor allows for the testing and prescribing of HIV medications, significantly expanding the pharmacy’s service capabilities.
- In retail shopping plaza with nearby doctor's offices and schools.
- Averages 200-250 scripts a day. 95% Generic, 5% Brand.
- Operating around the clock, it offers unmatched convenience to its customers.
If you have been looking to open you own pharmacy, but do not want to wait months to build a location from scratch and obtain licensing, then you must take a look at this listing.
We are seeking a serious and financially-qualified buyer with at least UGX 50 million in liquid funds. Proof of funds will be requested prior to a buyer-seller conference call or meeting.
This is a rare and lucrative chance to enter or expand within the fast-growing specialty pharmacy sector with a profitable, well-managed business.
They are talking business
17 buyers in active discussions
Business strategy
Growth rate
5%
Customers
2500+
Business model
- Direct-to-consumers (DTC)
- Business-to-consumer (B2C)
- Business-to-business (B2B)
- Subscription
A multi-faceted business model with various revenues streams and a base of locked-in customers gives this business an edge.
Assets & FFE (Furniture, fixtures & Equipment)
- Shelving, Cabinet, computers
- All licenses and insurance contracts are in good standing.
- Impressive buildout and great use of space.
- Customers & current partnerships
- Marketing materials
- Security camera and alarm system.
- All the above included in asking price
A solid asset base to start with, a deeper-pocketed owner would improve inventory to put this business at the apex.
Growth opportunities
- Additional services that could be expanded are Medication Therapy Management and admin of Vaccines.
- Current owner does no advertising. A new owner/operator with some creative advertising/marketing.
- Expanding hours, a more hands-on owner could grow the operating window.
- A modern website as an e-commerce platform offering deliveries.
- Forming new partnerships with healthcare providers.
- Tele-pharmacy consultations.
- Hire a sales team
The business presents growth opportunities particularly with the growing older population in Rubaga South in need of deliveries and professional consultations. There are significant opportunities to expand revenue with lots of doctors in the area and very high density residential area with HUGE potential.
Competitors
- Tele-health providers growing within Uganda.
The region's demographics skew towards the elderly co-hort so tele-health might not be an existential danger, the business though should invest in its own tele-health offering and build on the current loyal clientele.
Transition Details
Training & support
- The current owner is committed to ensuring a smooth transition and will provide comprehensive training and support.
- 4 weeks no cost
Real Estate
- Leased
Financing
- Front-loaded installments to be considered by seller
Reason for selling
- After 40 years as a practitioner, the owner is retiring to spend time with grandchildren.
Location Details
Highway
Ndeeba Road
Access Road
Wankulukuku Road
Neighborhood
Mutundwe
District
Kampala
