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What are the guidelines/regulations for setting up a greenfield pharmacy site? eg. location to other pharmacies, licence costs?

The regulations are available at http://www.medicareaustralia.gov.au/provider/pbs/supplier/pharmacist.shtml This directs you to the Medicare Australia site which details the guidelines for establishing a new pharmacy or relocating a pharmacy.

Regarding licence fees, this will depend on whether you establish a new business or relocate an existing pharmacy.

The key question remains whether the business will be viable? This is a critical issue which must be examined in the context of the local market of the proposed site and expected operating costs. Caution needs to be exercised as many Greenfield sites are not viable.

Call Medici Capital for a free introductory consultation.