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Franchise Investment

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Francorp Find Consultancy Reca Hospitality Consultants

Pharmacy 1

Reference ID: 1828

US$ 200000

Franchise Investment

Introduction

Pharmacy 1 business concept evolved from the idea of providing high level, distinguished and consistent service of pharmaceutical care to the end patient-customer.

Franchise Description

Pharmacy One™ business concept evolved from the idea of providing high level, distinguished and consistent service of pharmaceutical care to the end patient-customer.

Through the building of multiple pharmacy branches and simultaneously establishing a state of the art IT system, a distinguished centralized distribution system and a team of highly trained professionals to provide support to the pharmacies, the end result is a branded pharmacy chain covering wide geographical areas equipped with a trained team of pharmacists and a professional support team who provides distinguished services to end consumers.

In addition Pharmacy One™ established many important departments to contribute in the support of the brand and the growth of the company. Departments include, among others, Operations, Training, Drug Information Center, Poison Information Center, Corporate Development, HR, Health care Innovation and Corporate Strategy amongst others.

In 2001, the first Pharmacy One™ opened in Amman, Jordan. A second location followed in 2003. Today Pharmacy One™ has multiple locations in Jordan making it Jordan’s leading Pharmacy chain.

Pharmacy One™ has a VISION to be the leading Pharmacy in the MENA and GCC region and to expand its franchise operations globally.

Pharmacy One™ serves multicultural middle-low to high-end income customers. The size of a typical Pharmacy One™ is between 130 sq.m and 300 sq.m and the average customer flow is between 250 to 300 customers a day.

In Jordan, Pharmacy One™ targets existing pharmacies for converting them into the Pharmacy One™ system via its franchise modules and accordingly, it looks at pharmacies sized at 50 sq.m and up in an evaluation process highlighting location as its key factor


Type

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Health Care > Pharmacy

Origin

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Jordan

Since

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15 - 20 years

Area

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1000-2000 (Sq Ft)

Available Areas

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Worldwide

Operational Outlets

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67

Royalty fee

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5 %

Franchise Fee

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US$ 30,000