Franchise

Sold by THE GENERICS PHARMACY on B-Hive Connect.

Price: Php 1500000

Minimum order quantity: 1

Start a TGP franchise in the Philippines Today About TGP TGP has carved a name for itself as one of the leading pharmacy franchises in the Philippines. Seeing the need for everyday Filipinos to have access to affordable yet quality medicine, the company pivoted its operations and focused on delivering generic medicines to Filipinos instead. In 2001, TGP branched out into retail, opening its very first branch. It quickly realized, though, that one was not enough. With the franchising model, TGP was able to reach Filipinos in every corner of the country. In 2007, it set out with its first 20 franchises within Metro Manila. Franchising Opportunity Franchising Fee (Initial Payout) ₱ 150,000.00 Leasehold Improvements 150,000.00 P.O.S. (Hardware and Software) 50,000.00 Operating Capital 242,000.00 Total Capital Investment ₱ 592,000.00 Breakdown of Operating Capital: 5 mos. Rent x ₱ 20,000.00 100,000.00 2 mos. Electricity, Water, Phone/Internet x ₱8,000.00 16,000.00 2 mos. 1 Pharmacist’s Salary x ₱25,000.00 50,000.00 2 mos. 2 Pharmacy Assistants’ salaries x ₱17,000.00 68,000.00 2 mso. miscellaneous x ₱4,000.00 8,000.00 Total Operating Capital ₱ 242,000.00 Monthly Expenses Rent ₱ 20,000.00 Utilities – Electricity, Water, Phone/Internet 8,000.00 Pharmacists’ Salary 25,000.00 2 Pharmacy Assistants’ Salaries 34,000.00 Miscellaneous 4,000.00 Total Monthly Expenses ₱ 91,000.00 Initial Stocks or Inventory ₱ 350,000.00 Break-even Sales per Month 260,000.00 40% Average Gross Margin 91,000.00 Break-even Sales per Day (30 Days) 8,667.00 Advertising Fee: 1.2% of the total monthly gross sales Royalty Fee: 1.2% of the total monthly gross sales *Total Franchise Fee: P300,000

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