Business Baron

Independent Pharmacy

Independent Pharmacy: Dispensing and health advice. Almost all the income comes from the NHS, which sets the fee per item and pays a month or two after you…

Dispensing and health advice. Dispense for your street and be the first person people ask.

Almost all the income comes from the NHS, which sets the fee per item and pays a month or two after you have bought the drugs, so cash flow is the constant worry rather than customers. Volume and buying well are everything, and the occasional drug shortage means paying more for a medicine than you will be reimbursed. A responsible pharmacist must be on the premises, so cover for a day off is a real cost.

Setup costs
£120,000 to £400,000
Competition
Medium
Category
Shops & High Street Services

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