eCommerce
listed by broker
Health
Description
Drugstore is a health tech company building digital solutions for the health industry, in order to solve the problem of affordability and unavailability of medicines, vaccines, and basic medical equipment. We are improving the accessibility of medicines to Nigerians in the rural and urban areas in order to ensure healthy lives and well-being for all.
70% retention rate
200% YoY growth
90% fufillment rate
Featured metrics
70% retention rate
200% YoY growth
90% fufillment rate
Selling details
Type of shares
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Reason for selling
I want to raise funds to further expand the business and increase our profit.
Preferred acquirer
Strategic investor with marketing resource, operational or managerial expertise
Aspirations & growth opportunities
I want to increase our monthly revenue five times what it is currently. I have an aspiration to make Drugstore Nigeria's Largest Online Pharmacy
Business details
Business model
Markup on products, Commissions on Sales, Margins on products
Customers
30,000 (We are targeting Nigerians with low to high income who are between the ages of 25 and 70. Some of whom come online to look for medicines and people who walk into pharmacies or hospitals seeking to fulfil their prescription. )
Competition
MyMedicines, OneHealth , Medplus
Operational details
Technology stack
Marketing spend
$2500 on paid advertising, $6,000 on Sales representatives (Google, Instagram, Facebook)
Performance tracking tools
Google Analytics, Mixpanel
Financial details
Ownership structure
79% Co-founders, 10% Accelerator, 11% Investors Relations, (Sweat Equity) and Other Partner
Last month's revenue
Last month's profit
Financial records
Annual P&L summary reports, Online reporting software/tools
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