Generika Drugstore is now open for franchising. If you are interested in investing in a business and serve your community, you could be a franchisee of a Generika Drugstore. We are looking for motivated and capable individuals who want to put up and manage franchise stores, so that we can mutually benefit from our strategic partnership.
The total investment cost is divided into two components :
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 :
The Franchise fee itself (which ranges from only P50K to P150K)
Computer hardware (2 or 3 PC pckage) and OS licenses
Retail expert, the proprietary POS system of Generika, which helps you manage your sales transactions, inventories and facilitate customer service and is regularly loaded with new features and modules
Security deposit to our commissary (refundable)
Initial inventory of 200KP to 300KP, including 200KP with deferred payment
Marketing supplies and sound system
Qualification of investor
Training & Support
All in all, the proposed total investment cost ranges from P900K to P 1.2M. Actual figures will vary depending on the store’s size, condition, etc. Purchasing the Generika Franchise entitles you to the following :
The right to use the Generika trademark and logo
Site market study conducted on site by our Business Development Team. This serves to evaluate the sales potential of your proposed location
Architectural/store design and construction assistance Pre-opening and start up assistance
HR support in the assistance in the recruitment of store personnel – note that all your personnel will undergo our screening, evaluation and training
Classroom and store-based training of your store personnel on pharmacy retailing and management, computerized operations and customer service
The use of Retail expert, our proprietary POS system, regularly improved with new modules and features
Regular monitoring of your outlet
Ongoing business consulting and guidance
Refresher training on new products and services
National and local marketing support
Easy stock replenishment and direct delivery to your outlet
Updates on new products
Other costs shouldered directly by the Franchisee are the following :
The space’s renovation and equipments (counters, shelves, aircon, refrigerator..)
Rentals deposits to the lessor
Erika Franchising Services Corp.
Bay 15, 2nd St. Cervantes Compound,
KM. 17, West Service Road, Paranaque City