Pharmacy Business Plan in Nigeria

Pharmacy Business Plan in Nigeria

Pharmacy Business Plan in Nigeria


This sample Pharmacy Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc.

Pharmacy Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.


Business Description of Pharmacy Business Plan in Nigeria


Business: Pharmacy Outlets

Industry: Pharmaceutical / Fast Moving Consumer Goods (FMCG)

PATILADWONDER is a network of strong and strategically positioned Pharmacy involved in the distribution of high quality drugs and hospital equipment. Our major target market is major cities around Nigeria.

We provide a one-stop shop for drugs and hospital equipment at affordable prices. We also provide complementary pharmaceutical services for individuals that purchase drugs from us.

The benefits of our products and services are

  • High quality and availability of products
  • Prompt delivery services for online purchase
  • Excellent Customer Care Services
  • Fair and lowest possible prices

My business meets a need and demand for:

  • Trusted and quality products
  • Availability of products
  • Increase supply and a new choice.
  • Fair and lowest possible prices.

Apart from my university degree at a reputable faculty of pharmacy, I had have the privilege of doing my internship at various pharmaceutical around major cities in Nigeria. Also in the last 7 years, I had worked with two reputable multinational pharmaceutical companies in Nigeria. In this period, I had not only become conversant with customers buying pattern, I had also learnt how to sustain long term relationship with my client in such a way to always ensure repeated sales.

My internship opportunity also afforded me valuable skills on how to maintain drug quality, determine the number of bulk purchase to be made per stocking, etc. I have also discovered an unsatisfied market in my area. I have a great passion for self-reliance and creating job opportunities.


Our Objective Pharmacy Business Plan in Nigeria

  • Constant growth in sales in 12 months.
  • To generate customer satisfaction so that at least 60% of our customer base is repeated sales.
  • To provide quality product at fair and lowest possible prices with exemplary services.

Our Goal for the Pharmacy Business Plan in Nigeria

  • To be a one stop-shop in Nigeria for high quality drugs and hospital equipment.
  • Our Vision for the Pharmacy Business Plan in Nigeria
  • To provide exceptional Drug distribution and complementary pharmaceutical services in a desirable and conducive sales environment while offering products at fair and lowest possible prices.
  • Our Mission for the Pharmacy Business Plan in Nigeria
  • To exceed the customers’ expectations by providing quality products and exceptional customer care services in a loving and caring way.

Management Team of the Pharmacy Business Plan in Nigeria

ADETOLA Omojuwa – Has over 7 years’ experience in Pharmaceutical industry. He is a certified business consultant and project management professional. He will be in-charge of day to day activities of the business.

Mr Dayo Adetiloye – (B. Agric., MBA, and PMP): He has over 15 years’ experience in business management, business start-up dynamics, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan African University (PAU). He is our business development strategist and a strategic partner.

We brought to the business:

  • Capacity to stock our store on a large scale
  • Our experience in the industry bring competence and credibility
  • My staff brings operational, marketing and promotional skills to the business

Management experience gained for the Pharmacy Business Plan in Nigeria

With over 7 years’ experience in the Pharmaceutical industry, I’ve being able to master the technical requirements, financial management, staff recruitment and organization skills among other things necessary to give the firm good commendation from our customers.

My managerial skills has also helped in putting together a workforce for over 5 years, which will also help me to coordinate the team work in most aspect of the company.

I am the CEO of the company overseeing the day to day activities of the business.


Materials for Pharmacy Business Plan in Nigeria

Store space, Warehouse, Chairs, file cabinets, and desks, Front counter, storage bins, cash register, computer terminals, a laser printer, and back-up system, drug interaction software, Telecom system, Storefront build-out, Start-up inventory, Rent, utilities, insurance, etc.


Competitor Analysis Pharmacy Business Plan in Nigeria

People buy from us because of the following reasons:

  • Availability of high quality and trusted products
  • Fair and lowest possible prices and our discount offers
  • Prompt delivery services for online purchase
  • Excellent Customer Care

Our two major competitive advantages are:

  • Fair and lowest possible prices.
  • Availability of high quality and varieties of products.

Pharmacy Business Plan in Nigeria

Business Plan for Businesses in Nigeria

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