The Pharmacy Of The Future

ANNOUNCEMENT

Up to £5m for every pharmacy that joins Alitam’s ‘super pharmacy’ chain

The Alitam group is offering up to £5 million in investment to each pharmacy that joins its 100-strong chain, it has announced.

Chemist + Druggist | Published: 30th August 2022

Under the deals, Alitam will become a shareholder in each new pharmacy business it invests in, it clarified.

Business owners can decide to use the funding as they please, for instance to invest in their workforce, systems, and processes, Alitam announced last week (August 26).

“In return, Alitam becomes a shareholder and ongoing investor in the pharmacy,” it explained.

Over 400 pharmacies interested in joining

The pharmacy group – better known for its ambitious plan to create a chain of “super pharmacies” focusing on disease prevention and clinical services – has claimed that more than 400 pharmacies across the UK and Ireland have enquired about joining the business.

The group currently owns approximately 100 pharmacies, but has previously revealed its intention to buy 50-100 pharmacy stores each year for next five years to reach its goal of 500 high street premises.

C+D understands that Alitam is currently in the process of selecting the new pharmacies that will join its group.

CEO Feisal Nahaboo, who founded the company in 2020, claimed that the chain’s “like-for-like turnover has increased by an impressive 24% since [its] inception”.

“Fragmented market”

Meanwhile, former Avicenna group executive director Bharti Patel, who joined Alitam’s executive board in March, will work to “reduce costs” for all new pharmacies joining the business.

“As we gain more and more attention for our work, more and more pharmacies are applying to join us – or else face being left behind in a fragmented market,” Ms Patel said.

Earlier this month, the group announced that it had agreed terms to merge with clinical service provider PharmaDoctor in an unspecified “seven-figure” deal.

Just a week later, it unveiled a “transformational” merger agreement with clinical skills training provider MHRx.

LATEST NEWS

Alitam pharmacist makes headline news protecting Sir Keir Starmer with booster jab.

We’re all incredibly proud to see Kalpen Patel, one of our extraordinarily talented pharmacists based in North London, dominating the headlines as he administers Sir Keir Starmer’s booster jab.

Read More

rot-ad-4
rot-ad-1
rot-ad-2
rot-ad-3

Recent Press Releases

* Press Release
April 27, 2022

How ADHD helped successful entrepreneur Feisal Nahaboo turn a start up into a market leader in 256 working days

Entrepreneur Feisal Nahaboo has just revealed that he is neurodivergent, having recently been diagnosed with attention deficit hyperactivity disorder (ADHD). On reflection, he now sees that his condition is to…
* Press Release
March 28, 2022

Deep recession on its way: Entrepreneur Feisal Nahaboo shares seven ways for you to act now and recession-proof your business

Proven entrepreneur Feisal Nahaboo, founder and CEO of pioneering pharmacy group Alitam and creator of the revolutionary Overnight Merger Model’ (OMMM), warns that the UK is heading towards a crippling…
* Press Release
March 23, 2022

Feisal Nahaboo tipped by pharmacy leaders to lead radical change in the industry

The name on everyone’s lips, in the pharmacy worlds and beyond, is UK business visionary Feisal Nahaboo. Already renowned for his game-changing business model, the ‘Overnight Multiple Merger Model’ (OMMM)…
* Press Release
March 23, 2022

Entrepreneur Feisal Nahaboo Appoints Former Well Pharmacy Head Of Operations Alice Hare To The Alitam Board As The Pharmacy Group Accelerates Roll-Out Of Clinical Services Instore

Signalling a significant acceleration of activity for the visionary pharmacy group Alitam, founder and CEO Feisal Nahaboo has today announced the appointment of former Head of Operations at Well Pharmacy,…
* Press Release
March 18, 2022

Alitam CEO Feisal Nahaboo reports 24% organic growth in group pharmacy sales in two years, following launch of new medical services

Alitam Founder and CEO Feisal Nahaboo has revealed that his pioneering 100-plus store pharmacy group has increased organic ‘like-for-like’ turnover by a staggering 24% in just two years of operation…
* Press Release
March 18, 2022

Nahaboo reveals Alitam ‘dream executive team’ as the company prepares for major investment

Alitam Founder and CEO, Feisal Nahaboo, has masterminded an ambitious recruitment drive to build an Executive Board of breathtaking talent. All of whom are tasked to deliver his ‘Pharmacy of…
ALITAM GROUP

Alitam Group Pharmacy stores in the UK & Ireland

The group has identified and has commenced dialogues with over 43 UK & Ireland pharmacy groups (over 140 locations/stores), to enter the Group in the very near future.

Meet the Board

Feisal Nahaboo

Founder & CEO

read bio

Sir Kenneth Olisa OBE

Chairman

read bio

Bharti Patel

COO

Alice Haire

Head of Services Mobilisation

Harry Johal

Head of UK Pharmacy

Ray McSharry

Head of Ireland Pharmacy

Zachary Brech

CFO

Prakash Patel

Operations Director

read bio

Dhruv Patel OBE

Deputy Chairman

read bio

Jamal Butt

Non Executive Director

Anthony Isaacs

Non Executive Director

Meet the Founder

Feisal Nahaboo

Alitam Founder & CEO

Feisal was born to do things differently. Growing up on a council estate in Bracknell, there was never any doubt in his mind that he’d transform something, someday. “I was always looking at things in a different way to everyone else,” he says. “I could see, even then, that people tend to stick to the same way of doing things.” He smiles, “My instinct was always to turn things on their head, to creatively spin ideas in my mind and see what happens. You suddenly free up possibilities, it’s like you take the brakes off and can power forward.”

As a young man, it became very clear to Feisal and those around him that the corporate world was the right home for this unique drive. At the tender age of 27, Feisal took the leap of faith to leave employment with an intent to disrupt and innovate the accountancy sector. He began self employment by working from his 3-bedroom ex council house. Just affording a £5k deposit (and borrowing legal transaction fees from his parents), he purchased his first small home in 2002 and began industry disruption from his own bedroom. He invested just £450 on second hand goods including a desk, fax machine, printer and a very dated laptop. Within weeks, his marketing systems were working effectively and he was engaging thousands of accountants into seminars where he began a career of motivating, influencing and directing substantial change in the accountancy sector.

Read More

Feisal Nahaboo – The story so far

A short animated story showing Feisal’s story so far. His journey all started from the back of an ex council house with just £5k of savings.

Latest Articles by Feisal

* Press ReleaseFounder Posts
December 22, 2021

By my side

Sir Ken Olisa - The Lord-Lieutenant of Greater London As you know, I’ve been blessed to work with some of the world’s greatest business folk such as Michael Gerber and…
* Press ReleaseFounder Posts
December 8, 2021

Driving the dream forward

My appointment as CEO of Alitam, by Feisal Nahaboo I’m honoured to be named CEO of Alitam, the pioneering pharmacy consolidation which I founded back in November 2019 and have…
* Press ReleaseFounder Posts
December 7, 2021

Alitam pharmacist makes headline news protecting Sir Keir Starmer with booster jab

We’re all incredibly proud to see Kalpen Patel, one of our extraordinarily talented pharmacists based in North London,  dominating the headlines as he administers Sir Keir Starmer’s booster jab. What…

Contact Us.

    For press enquiries, click here.

    Customer Service

    Please contact our customer service if you have any client related matters.

    Head Office

    Becket House, 36 Old Jewry, Bank, London, EC2R 8DD