How much does it cost to open a medical store?

[cherry123]

The truth is that opening a medical store requires huge amount of money. You must first seek approval from the government. in my country so give or take we should be looking at a million naira

 

[Ofonime]

The truth is that opening a medical store requires huge amount of money. You must first seek approval from the government. in my country so give or take we should be looking at a million naira

Yea you must first need to collect license from the government because it's has something to do with human health and if you really know much about medicine the business can be better for you in a sense that you wont undergo much stress learning new things again it's a profitable business

 

[Stardom22]

For me l have a friend of mine who once started that kind of that business in my location. The initial inventory for the business is not all that expensive but the licences, documentation and the cost for the legal requirements for the business is very high.

 

[kirubel]

In order to open a medical store you need to choose the level of the medical store you want to open like if the medical store is first level then it doesn't coast that much money but other stores need to have a laboratory equipment's and other stuffs.

 

[olaniyi]

Actually I can't give a specific amount because I am not in a medical line but I for a standard medical setup one will need an amount up 1milliom naira or more

 

[AmazingJob]

Actually I can't give a specific amount because I am not in a medical line but I for a standard medical setup one will need an amount up 1milliom naira or more

Us being not in the medical profession don't have the exact amount to tell how much. But with research and asking people in the business we would know and realize the huge amount we would need in order to put up such.

 

[eldavis]

Actually I can't give a specific amount because I am not in a medical line but I for a standard medical setup one will need an amount up 1milliom naira or more

With the current price of things one million naira won't even be enough to cover a quarter of the things you need if you plan on having a standard setup with some machines.

 

[Starmix]

You can only put up a medical store if you are a pharmacist. Those not, will not be granted a business permit to operate without a certificate to show the person is a lcnced pharmacist

 

[King Belieal]

I think that with $500, one would be able to start a basic business that sells medical supplies.

 

[freelancermaria]

Operating a business requires acquiring the necessary permits and licenses. Also, the initial investment for starting a business in our country can exceed a million.

 

[Hate2Wait]

We need to follow all the formalities involved in this and should get a pharmacy license which you can only get after completing a certain level of education and then need a shop either on rent or your own so it does involves a big amount to set up such a business

 

[Starmix]

You cannot just pen a medical store if you are not a license pharmacist You need millions of capital.

 

[Ratine]

In my country the prices of medicine is a little bit expensive and one would therefore need like $10000 to set up the business.

 

[Stardom22]

You should have like $10000 dollars. Medical store really requires so much money to start here

 

[Etini Willie]

A medical store can be opened with just $700 in my country. And that includes the cost of government checks.