Franchising
Start A Medshoppe Franchise Today
MedShoppe Pharmacy offers a crisis-proof business model that meets the essential needs of your community with a diverse range of medicines, health products, and Eastern medicine kits tailored specifically for our customers.
We are seeking passionate entrepreneurs to partner with us in overseeing day-to-day operations. As a MedShoppe franchisee, you’ll be part of a dynamic team dedicated to improving community health and wellness.
MedShoppe operates on two innovative business concepts: a physical store and an online platform, allowing for maximum reach and convenience. We began our journey in 2020 with online sales, and in 2022, we proudly opened our first store in Taguig City.
In 2024, we launched our franchise program in collaboration with GMB Franchise Developers, one of the Philippines’ leading franchise consulting firms, making it easier than ever to start your own successful venture.
Make a smart investment today and join us in giving back to your community through the MedShoppe franchise!
Franchise Fee
PHP 120,000
Min. Size (Sqm)
25
Investment
PHP 627,000 – 700,000
Formats
Pharmacy outlets
Proven Business Model
Start with a Winning Formula
With a Medshoppe franchise, you tap into a proven business model. Enjoy the security of established systems, processes, and brand recognition, which can significantly reduce the risks associated with starting a new business from scratch. Benefit from tried-and-tested operational strategies that enhance efficiency and customer satisfaction.
Comprehensive Support
Guidance Every Step of the Way
Franchise partnerships provide extensive support, from initial training to ongoing assistance. You’ll receive marketing resources, operational guidance, and access to a network of experienced professionals. This robust support system helps you navigate challenges and focus on growing your business, ensuring you’re never alone in your journey.
Community Impact
Make a Difference Locally
Owning a pharmacy franchise allows you to serve your community directly. You’ll play a vital role in improving health outcomes and providing essential services. This not only builds customer loyalty but also enhances your personal fulfillment, knowing that your business is making a positive impact on the lives of those around you.
Testimonials
What People Are Saying
FAQ
Frequently Asked Questions
How much does it cost to franchise a Medshoppe?
The total investment needed for a Medshoppe franchise is around P700,000 to P1.5 million per outlet (depending on your preferred size). This price includes the franchise fee and the total support system you will need to successfully run your franchise.
What Does the Franchise Fee Cover?
The franchise fee covers the cost of providing you with pre-opening and start-up assistance, initial training and other support and business development services. For a complete listing of the package, please visit the FRANCHISE PAGE at https://medshoppeph.com/franchising/.
The franchise fee covers the cost of providing you with the following:
- Pre-Operations Assistance
- Extensive Community Training for the Franchisee/Pharmacist/Pharmacy Assistant
- Assistance for application of regulatory permit (License to Operate or LTO from FDA) and Store Insurance
- Aggressive Marketing and Promotions Support
- TGP Signage
- Operations Guide
Royalty and Additional Costs of Operating Medshoppe Franchise
As of 2024, Medshoppe has a royalty fee of 1.2% of the gross sales for continuing support services.
All stores are required to pay 1.2% of the gross sales as an advertising fee. This is paid on or before the 15th of the succeeding month.
What are the Terms of the Franchising Agreement?
The initial term of the franchise agreement is three (3) years, renewable to 2 additional 3-year terms for a total of 9 years.
How to Become a Medshoppe Franchisee?
- Submit the following:
- Letter of intent
- Site Forms (photos and vicinity or location map of the proposed site)
- Proposed Location Sheet
Note: Forms may be requested from: https://medshoppeph.com/franchising/ - Resumé with recent colored 2 x 2 photo
- Copy of 2 government IDs
- We will review and evaluate your qualifications thoroughly.
- If eligible, we will extend an invitation to a business meeting to discuss specifics and conditions of the franchise before advancing your franchise application.
How Do I Start the Whole Process?
- Attend Medshoppe Business Seminar at the scheduled date
- Email us at franchise@medshoppeph.com for us to send you the meeting link or call our Franchise Acquisition Dept. at (02) 8211-1111 local 413.
- Look for location and have it approved by Medshoppe Franchising Team.
- Register with DTI if single proprietorship and SEC for Corporation.
- Secure a lease contract from Lessor.
- Proceed with the construction of store (shelves and signage).
- Look for a licensed pharmacist.
- Complete the Food and Drug Administration (FDA) requirements and send to TGP Regulatory Team.
- Apply City Hall permits.
- Apply BIR permits.
- Apply permit for POS and/or Sales Invoice.
- Be prepared for actual training for Franchisee, Pharmacist, and Pharmacy Assistant.