How much to franchise Generika Drugstore?

How much to franchise Generika Drugstore?

How much is the franchise fee itself? The franchise fee, payable to the Franchisor, P210K. It is a one-time payment which is good for the entire duration of the franchise (5 years). Franchisor to validate the prospect site, and for other research deemed necessary by Generika Drugstore.

How much to franchise Generika in the philippines?

The total investment cost in investing in a Generika Drugstore Franchise will cost around P800,000.00 to P1. 5 Million pesos. This is divided into two component namely the franchise package which is P345,000.00 to P605,000.00 and its content that is dependent according to the type of drugstore the franchisee chose.

Who is the owner of Generika?

the Ayala Corporation
Today, Generika Drugstore is a proud member of AC Health- a wholly-owned subsidiary of the Ayala Corporation, and serves as the portfolio company for healthcare businesses. Its vision is to build a synergistic ecosystem that links every patient to a seamless healthcare experience.

How much is the franchise fee of Mercury Drug?

However, for those who are interested and would like to have an idea of an estimated cost for establishing a full pledged pharmacy store like Mercury Drug, researches reported that the minimum cost of investment is around 500,000 and can go up until a few million pesos.

How do I start a small pharmacy business in the Philippines?

Putting Up A Drugstore In The Philippines

1. First, look for an ideal location.
2. Get your business name registered.
3. Hire a pharmacist.
4. Get the list of requirements from FDA (Food and Drug Administration).
5. Study your market to determine the ideal product assortment.
6. Hire capable personnel.

How do I get a Mercury drugstore franchise?

Sadly, Mercury Drug is not open for franchise, all of its branches nationwide are company owned.

What is the best franchise to invest in the Philippines?

Best Franchise Business Opportunities in the Philippines

• Potato Corner Franchise.
• Siomai King Franchise.
• Master Siomai Franchise.
• Zagu Franchise.
• Mr. Liempo Franchise.
• Aquabest Franchise.
• Turks Franchise.
• Bayad Center Franchise.

Can I open a pharmacy without being a pharmacist?

1- Pharmacy Licence One of the major requirements for opening a medical store is to be qualified and secure a Pharmacy License. For the person to open a medical store and be a qualified pharmacist, they need to secure the degree of B. Pharm or M.

How many Generika branches are there?

830 branches
Generika was established in 2003 with the vision of making quality affordable generic medicines more accessible for Filipinos. Since then, it has grown into a chain of over 830 branches nationwide.

What is the tagline of Mercury Drug?

Nakasisiguro Gamot ay Laging Bago
Its slogan, Nakasisiguro Gamot ay Laging Bago, is a guarantee of fresh and high-quality medicines sold in Mercury Drug, whether branded or generic.

How much is a Jollibee franchise?

It is just the first step in the application process, which is an evaluation of your proposed location. Jollibee franchise ranges from Php 35-55 Million. Details of investment cost, return of investments and other franchising details will be discussed with you once your application has been approved.

How much does it cost to franchise a Generika Drugstore?

The Generika Drugstore franchise fee will depend on the size of the outlet store. Specifically, the franchise fee amount per type of drugstore is: Standard Package – P150,000. Satellite Package – P50,000. Small Town Package – P50,000. Twin Store Package – P50,000. Drugstore Conversion – P100,000. Mini-Town Package – P30,000.

How long does it take to pay back a Generika franchise?

According to Generika, the total initial investment, including the franchise fee, may range from P650,000 to P1,300,000. The payback period is said to be 1.5 to 2 years depending on location. Contact Person: Mr. Edward T. Santos (Business Development Administrative Supervisor)

How much investment does it take to open a Generika outlet?

Total Investment for a Generika outlet in a particular location will vary based on the size and condition of the store, equipment required, prevailing rates for rent, amount of advance rent and deposit, and the need for working capital and contingencies.

How much do you get for a franchise?

The Franchise Package ranges from P345K to P605K and refers to what is paid to us as Franchisor. Its amount and content varies according to the type of outlet that is opened (Regular, or Small Town, or Drugstore Conversion). The Franchise Package includes: