Retail Pharmacy

Retail Pharmacy Success Stories [2024]

Pat Walls

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Updated: October 7th, 2024

Starting your retail pharmacy can be a rewarding venture that offers you independence and the opportunity to define your work schedule. If you are considering starting a pharmacy, understand the licensing requirements and comply with the National Council For Prescription Drug Program.

Then, define the business model. You may opt to start an online retail pharmacy or a brick & mortar establishment. For a brick-and-mortar establishment, rent a physical location and take care of staffing costs and inventory keeping.

In this list, you'll find real-world retail pharmacy success stories and very profitable examples of starting a retail pharmacy that makes money.

1. Medical Bag Tags, LLC ($6.18K/year)

Misty Dupree, the founder of Medical Bag Tags, came up with the idea for her business after realizing the need to bridge the gap between the medical community and everyday people. She wanted to create customizable bag tags that would raise awareness of medical and allergy conditions, allowing individuals to communicate their needs during emergencies. Despite facing personal challenges, Misty remained determined and started her business, providing functional and cute bag tags that offer peace of mind to parents and individuals with medical conditions.

How much money it makes: $6.18K/year
How much did it cost to start: $3K
How many people on the team: 1

On Creating Customizable Medical And Allergy Awareness Bag Tags

Medical Bag Tags, LLC creates customizable medical and allergy awareness bag tags for personal items while raising awareness of medical and allergy conditions, all while overcoming personal tragedy and balancing being a single mom of 8 children, and is now in talks with a possible pharmaceutical investor to expand and grow the business.

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