Pharmacy 1
- Founded
2001
- Number of Units
—
- Country of Origin
Jordan
- Franchise Expansion
Upon Request
CONCEPT BRIEF
Pharmacy 1 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 that provide distinguished services to end consumers.
In addition Pharmacy 1 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, Corporate Development, HR, Health care Innovation and Corporate Strategy. In 2001, the first Pharmacy 1 opened in Amman. A second location followed in 2003. Today Pharmacy 1 has multiple locations in Jordan making it Jordan’s leading Pharmacy chain.
Franchise Fee
USD 30,000
Area Required
200 sq.m and 300 sq.m
Royalty Fee
5% of Gross Sales
TRAINING PROGRAM
Training at Headquarters | 7 – 10 Days |
---|---|
On-site Training | 10 – 14 Days |
SUPPORT PROGRAM
Operational Support | Site Selection |
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Marketing Support | Purchasing |
Accounting/Audit/Legal | Internal Support |
Ongoing Research & Development | Overall Program Oversight |
FRANCHISE FEE
Individual Unit Franchise Fee | USD 30,000 |
---|---|
Area Development Franchise Fee | USD 48,000 (for x units) |
ONGOING FEE
Royalty Fee | 5% of Monthly Gross Sales |
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Advertising Fee | 1% of Monthly Gross Sales |
Marketing Fund | 1% of Monthly Gross Sales |