Hi, I am a Pharmacist qualifed for some years and looking to get into ownership. I am guessing that someone here knows the answer to my questions:

Can anyone with some experience tell me what the average turnover and NET profit for an owner-operated Pharmacy in KL / Malaysia is these days (ie you are the owner and single pharmacist working)?

Also how much cash does one need to start a Pharmacy from scratch (ie stock + shop-fit)?

Cheers,
Alex

Thanks for your reply Zstan. Seems to be very cheap to setup a Pharmacy including stock....doesn't seem right? I have heard of figures ranging from RM15k to 30k thrown around or approx. 10% net.

Thanks for the replies.

Now I just need to find out the average turnover (sales) for a pharmacy in KL.

I think 5% is too low - you might as well invest in something else and remain an employee. However I doubt many of these pharmacies run on such a low profit without a massive annual turnover in sales.
200k to start a pharmacy fully stocked and fitted out is a bargain by Western standards!

Anyone that works in pharmacy here knows what their store's annual turnover in sales is?

Cheers.