Profitable Neighborhood Pharmacy in Ajman

The pharmacy serves a residential community with steady foot traffic and strong neighborhood visibility. The convenient location in a residential area ensures consistent walk-in customers and repeat business from local residents.

**Customer base:**

• Local residents seeking OTC medicines and prescription services
• Regular customers with recurring medication needs
• Walk-in customers from the surrounding residential area

**Market positioning:**

• Neighborhood convenience pharmacy with established community presence
• Low-cost operating model with annual rent of just AED 38,000
• Turnkey operation suitable for a new owner-operator or investor

**Team and operations:**

• One licensed pharmacist on staff (monthly salary: AED 3,000)
• The current owner is actively involved in day-to-day operations
• Compact 460 sq ft retail space with efficient layout

**Premises:**

• Located in a residential area with steady foot traffic
• Lease recently renewed on 1 February; annual rent: AED 38,000
• Efficient layout suitable for daily operations, product display, and customer service

**Licensing:**

• Trade license recently expired (around 18 February); buyer will need to renew and transfer after sale
• Professional license for pharmacy operations
• Sole proprietorship legal structure

**Inventory:**

• Monthly stock purchases average AED 25,000
• Approximately AED 100,000 worth of stock included in the sale

**Quick wins:**

• Expand product range to include vitamins, supplements, and wellness products with higher margins
• Add beauty and skincare lines to diversify revenue
• Extend operating hours to capture evening foot traffic

**Bigger plays:**

• Partner with health insurance providers for direct billing and increased prescription volume
• Launch online ordering and home delivery for repeat prescription customers
• Add a basic clinic or consultation room to offer primary care services and increase footfall
• Expand to a second location using the proven low-cost model

The seller feels this business is not the right fit for him and plans to go back to his sales profession.