Opportunity

Problem

People need to have the ability to purchase prescriptions at discounted prices. Our operations are efficient and we make it possible. We can target customers who are able to pay for their prescription medication themselves so that we can reach a particular segment of the market. They are often poor and they are sick. Therefore, they should receive the same care as those with full coverage.

Solution

The Discount Pharmacy’s mission is to provide our customers with the best prices for their prescription medications. We will exceed your expectations with our convenience and services.

Market

Target market for Discount Pharmacy is two groups: walk-ins or local customers and mail-order customers.

Concurrence

In the pharmacy industry, competition can take many forms. These include: local pharmacies and chain pharmacies.

Why Us

We are the Discount Pharmacy with superior pricing. This is because we are the lowest cost provider and must ensure that our operating costs are kept low by using efficiencies.

Expectations

Forecast

We will have one pharmacist to manage our pharmacy and fill the void with qualified pharmaceutical techs, which will help reduce costs. We anticipate being profitable by our third year. In addition, we will have substantial sales by the third year.

Financial Highlights per Year

Financing Required

We will need $115,000 to start, we will be able to pay the investment back at the end of year 4