"...Where is this derived from?"
I need to be discreet, Mockage - informed sources close to the pharmacies.
Let's accept that the pharmacies are prepared to pay PBP an annual fee to
promote Impromy.
And let's be conservative - assume the average store grosses c$500,000 from Impromy a year.
This is equivalent to $10,500 a week or $1500 a day.
If the average customer pays $10 a day, there would need to be 150
customers per day - i.e. 15 per hour in a 10 hour day.
Now, I'm not a pharmacist and I haven't seen numbers on average store traffic and per-day turnover.
Perhaps some on HC can contribute.
But if the informed sources are right and the information correct, we could assume that PBP might take 50pc of the daily pharmacy Impromy turnover.
Conservatively, this would be $250,000 per store per year or $50m gross.
PBT would need to deduct manufacturing/admin costs and presumably a fee to CSIRO.
Nevertheless, on these sums, the weight-loss strategy seems set to dramatically puff up PBT's turnover and profit.
"...Where is this derived from?"I need to be discreet, Mockage -...
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