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Pharmacy Business Plan Template [2021 Updated]

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II. Company Overview


You can download our Business Plan Template (including a full, customizable financial model) to your computer here.

Who is [Company Name]?

[Company Name] is a pharmacy in the [location] area. It is a trusted health and wellness partner that provides a wide range of branded and generic medicines, medical devices, personal care products and other basic everyday needs. It aims to be a pharmacy that offers supreme service and easy access to the local residents. In order to meet its customers’ needs, [Company name] is open 24/7.

[Company Name]’s History

[Company Name] is the brainchild of [Founder’s name], a pharmacist working at a local drug store in [location]. Through her 5 years of experience in the medical field, [Founder] saw the need for an accessible pharmacy that stocks all major medicines and medical devices and offers them at an affordable rate.

With a few of her colleagues, she conceptualized and planned to start her own pharmacy. She was able to raise funding from her own pocket, as well as from friends and local residents’ investments since they also knew that [Founder]’s idea of building a pharmacy in the area would be very helpful to the community.

In [Month,Year], [Company Name] was legally formed. [Founder’s Name] incorporated [Company Name] and was able to achieve the following milestones since then:

  • Determined the final list of medicines, vitamins, supplements and items to sell
  • Determined equipment and inventory requirements
  • Developed the company’s name, logo and website located at www…
  • Began recruiting key employees with experience in pharmacology, business and medical field

[Company Name]’s Products/Services

Here are the products as well as services that [Company name] will offer to our consumers:

  • Generic over the counter drugs
  • Generic prescription drugs
  • Branded over the counter drugs
  • Branded prescription drugs
  • Basic medical equipment
  • Medicine delivery and pick-up services
  • Health and wellness products
  • Selfcare products
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