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Why Franchising? |
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Franchising is one of the world’s most popular formats for independent businesses. The franchise business format gives the person access to things he/she would find difficult to obtain on their own as an independent owner. They are given valuable resources and information through an operating and marketing system, a recognized and established brand image, and on-going training and support. |
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Why choose Medicine Shoppe? |
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Medicine Shoppe is a very successful, well recognized professional pharmacy franchise model that started in St. Louis MO, USA. With almost 40 years worth of achievements, the system also successful in countries around the world. Furthermore, Medicine Shoppe Canada is supported by the resources of McKesson (one of North America’s leading health care companies). The strong support system gives the franchisees of Medicine Shoppe Canada Inc. additional clout and strength amongst their colleagues and in the industry. |
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Can anyone become a Medicine Shoppe franchisee? |
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Prospective Medicine Shoppe Franchisees must be interviewed and pre-qualified by our Franchise Development Department. We expect all prospects to demonstrate their commitment to the practice of professional pharmacy and to The Medicine Shoppe philosophy. |
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I already am an owner of a pharmacy. How can my store become a Medicine Shoppe? |
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Medicine Shoppe offers a “Conversion Store” program that allows you to keep the best parts of your existing pharmacy and join them with all that Medicine Shoppe offers. Please call 1-800-267-8877 or email info@medicineshoppe.ca to speak to the Franchise Development Department for more details. |
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I don’t necessarily want to start a store from scratch. What are my alternatives? |
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Medicine Shoppe® offers an “Acquisition-Conversion Store” program that helps match interested pharmacists with pharmacies for sale. Our network of real estate contacts have the inside track on pharmacies for sale and independent pharmacists who may be interested in selling their business or prescription files. Furthermore, we have the experience and expertise to help facilitate and equitable sale in a short period of time. Please call 1-800-267-8877 or email info@medicineshoppe.ca to speak to the Franchise Development Department for more details. |
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Can I build my dream pharmacy from the ground up? |
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Absolutely we can make it happen! In fact, this is the most common way our new franchisees open their store. A new store typically gives you the most flexibility with the design and layout, as well as the most options in terms of locations. Please call 1-800-267-8877 or email info@medicineshoppe.ca to speak to the Franchise Development Department for more details. |
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How much does it cost to become a Medicine Shoppe® Canada franchisee? |
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Our smaller format and our focus on patient care, as opposed to the competition. The Medicine Shoppe® may be one of the best values on the retail pharmacy landscape.
Every store is unique. Whether the decision is to build a new store, convert it, or acquisition-conversion store, the range of the start-up costs will vary in each instance. A one time initiation fee is required with all franchise organizations. This fee will cover the cost of training, recruiting, territory analysis, site identification, store launch, administration, etc. |
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How much money do I need to open a Medicine Shoppe Canada pharmacy? |
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Medicine Shoppe Canada Inc. has established itself with the Canadian Bank Industry as a proven successful business model. We will work with your bank or introduce you to the Professional Lending Program we’ve established with the Bank of Nova Scotia in order to secure the financing you need. We also prepare a financial analysis and business projections that are customized to your specific financial situation, and then we assist and guide you through the entire financing process.
It is best to contact us to speak with a representative in the Franchise Development Department to discuss the details of financing. |
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What is expected of Medicine Shoppe franchisees? |
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The most important, number one expectation of a successful franchisee is they are committed to the practice of professional pharmacy.
They care about the health of their patients.
They enjoy interacting with patients and are strongly involved in their community and are a constant source of health information.
They always look ahead and are prepared to adapt to future trends in retail pharmacy.
They constantly strive to enhance their skills, eager to learn, and constantly grow as a pharmacist and business owner.
They have a desire to apply themselves to specialized services and niche markets.
They live by the motto: “I will not be just another drug store.” |
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