Is medical store a good business?
Opening a chemist's shop is a very good option, you will get many benefits from it. The medical store is one of the always running businesses. ... According to the report given by PWC, the pharmacy business in India which stood at 13000 crores in 2001 but will reach 35000 crores in 2020.
How much profit does a chemist shop make?
On an average a pharmacy shop owner earns about 20 to 25 percent margin on his daily sales. If the sale is of 10,000 each day he earns 2000 to 2500 profit out of it. this works out to 50,000 to 65,000 in a month. But 10000 sales per day is not a easy sales,it depends upon various factors.
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