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Aziz · Saif   Investor Research
Report 24 · Pharmacy · Retail Health

Multi-Site GCC Pharmacy Chain — Growth Capital Round
Profitable chain of community pharmacies with telehealth integration · $5M Y5 EBITDA target

Region: UAE · KSA expansion · 14-store target Stage: Operational · Growth Capital Ask: $4.0M (60% equity, 40% expansion-loan facility)

Investor Dashboard

Key financial KPIs at a glance — % against revenues in QuickBooks-statement style.

Y1 Revenue
$2.4M
Initial scale
Y3 Revenue
$11M
↑ Year-3 target
Y5 Revenue
$28M
↑ Year-5 target
Gross Margin
32%
% vs Revenue
EBITDA Margin
18%
% vs Revenue
CAC Payback
9 mo
Time to recoup
LTV / CAC
4.0x
Unit economics
Capital Ask
$4.0M
Operational · Growth Capital

Revenue Mix · % of Top Line

Cost Structure · % of Operating Cost

Use of Funds · % of $4.0M Raise

Problem & Solution

Profitable chain of community pharmacies with telehealth integration · $5M Y5 EBITDA target

The Problem

GCC community pharmacy is dominated by 3 large chains operating cookie-cutter outlets and 4,000+ single-store independents lacking scale. Mid-market consumers want personalized care, telehealth integration, and same-day prescription fulfillment — none of which the current market structure delivers.

Our Solution

A regional pharmacy chain combining traditional retail dispensing with integrated telehealth consultation (in-store kiosks + app), chronic-care subscription programs, and a private-label SKU line at 22% higher margin. Each store is ~120 sqm with 4 FTEs and breaks even in month 8.

Market Opportunity

$18B GCC Pharmacy addressable today

GCC pharmacy retail growing 11% CAGR · telehealth-integrated segment growing 28% CAGR

Prescription dispensing (50% of revenue, ~22% gross margin), OTC and wellness (28%, ~38% margin), telehealth consultation fees (12%, ~65% margin), and chronic-care subscriptions (10%, ~55% margin). Average ticket ~$28, transactions per store per day ~95.

Financial Statements · % vs Revenue

QuickBooks-style readout — every line shown as percentage of its parent total.

Revenue Mix

Revenue Stream% of RevenueShare
Prescription Dispensing50.0%50%
OTC & Wellness28.0%28%
Telehealth Consultations12.0%12%
Chronic-Care Subscriptions10.0%10%
Total Revenue100.0%100%

Cost Structure

Cost Line% of CostShare
Cost of Goods (Drugs)55.0%55%
Store Staff14.0%14%
Rent & Utilities10.0%10%
Marketing & Loyalty6.0%6%
Telehealth Doctor Network8.0%8%
G&A7.0%7%
Total Operating Cost100.0%100%

Use of Funds — $4.0M Raise

Allocation% of RaiseShare
11 New Store Openings60.0%60%
Telehealth Platform Build-Out15.0%15%
Private-Label SKU Development12.0%12%
Pharmacy License & Compliance8.0%8%
Working Capital5.0%5%
Total Use of Funds100.0%100%

Traction & Proof Points

Moat & Exit Strategy

Defensible Moat

Telehealth integration creates a recurring revenue layer (chronic-care subs at 92% annual retention) that single-store independents can't replicate. Private-label SKUs lift gross margin 7pp vs branded-only stores. Multi-store dataset improves SKU mix per location, lifting same-store sales 18% in year 2.

Exit Path

Strategic acquisition by a regional pharmacy major (Aster, Life Pharmacy, Bin Sina) or healthcare conglomerate at 8–12x EBITDA, or roll-up into a healthcare REIT structure for stabilized cash yield within 5–7 years.

Key Risks