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How to Franchise: The Generics Pharmacy (TGP)




Looking to franchise The Generics Pharmacy?

Here are relevant information that can help you understand how to franchise, how much you need and who to contact to start your own The Generics Pharmacy franchise.

About The Generics Pharmacy

franchise-logo-tgp-genericsThe company started in 1949 under Pacific Insular Co. – a German importer and wholesaler of medicine.

In 1959, Mr. Liuson’s parents bought the company. He took over in 1974. Seeing the need for affordable medicine, he decided to focus on generic medicine wholesale at lower margin in 1983.

The company ventured into retail in 2001, maintaining only 1 branch in QC, but then already serving customers as far as Batangas. As demand grew, the company decided to increase accessibility of quality and affordable generics through franchising in the year 2007.

TGP opened its first franchise outlet in Pasay City along with 20 more stores in Metro Manila the same year. We’ve achieved a target of 1480 stores by the end of 2012, pivoting TGP to be the largest drugstore chain in the country.

Main Products and/or Services Offered

  • Food Supplements
  • Cough and Cold Remedies
  • Fever / Muscle Pain
  • Diabetes
  • High Blood
  • Lower Cholesterol
  • Ampules and Vials
  • Antibiotics
  • Appetite Stimulants
  • Creams and eye/ear drops
  • Diuretics – For Bloating
  • For Acidity/Ulcer
  • For Allergies
  • For Amoeba
  • For Asthma
  • For Constipation/Laxative
  • For Convulsions
  • For Deworming
  • For Diarrhea
  • For Dizziness and vomiting
  • For Fungal Infections
  • For Gout/Uric acid
  • For Head Trauma
  • For Indigestion
  • For Malaria
  • For Migraine
  • For Pregnant/with low blood
  • For Rheumatism/muscle pain
  • For Skin Allergy
  • For stomach ache
  • For thyroid
  • For tuberculosis
  • For urinary infections
  • Medical Supplies
  • To clean wounds
  • To stop bleeding
  • Vitamins

Franchise Fee

P290,000

Total Franchise Cost / Investment

P750,000

Standard Package Inclusions

  • Whole initial stock on consignment
  • Every franchisee who joins the TGP network benefits from a full support package that includes:
  1. Right to use TGP’s trademark, name and logo
  2. Start-Up and Pre-opening assistance
  3. Site evaluation assistance
  4. Architectural/Store design and construction assistance
  5. Franchise operations manual
  6. Extensive training on pharmacy retailing, business management/operations and customer service
  7. Guidance and education on generic drugs
  8. Regular advertising support
  9. Marketing and Promotion assistance
  • Franchisees are entitled to continuing support to help run and maintain their outlet’s performance at optimum level. This covers:
  1. Regular monitoring of outlet
  2. Direct and Open-line communication with franchisor
  3. Ongoing business consulting and guidance
  4. Refresher trainings on new products, services, promotions or retail innovations
  5. National and local store marketing support and guidance

Payback Period: 2 to 3 years

Contact Person

  • Miguel Lindo (Franchise Operations Manager)

Contact Details:

Office Address: Km. 14 Edison St., corner Culdesac St., Leviste Homes, West Service Road, Sun Valley Paranaque City 1700

Telephone: +6328211111

Mobile Number:

E-mail: comments@tgp.com.ph

Website: http://www.thegenericspharmacy.com/

 

See also: Complete list of Philippine companies available for Franchising

Sources: BPI Family Ka-Negosyo, Philippine Franchise Association, Official company website


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2 thoughts on “How to Franchise: The Generics Pharmacy (TGP)”

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  2. Magnolia B. Gravoso says:

    Hi sir, ma’am. I am from tacloban city and I am interested in franchising TGP. I am a financial advisor of SUNLIFE. I also have the opportunity to meet Mr. Liuson last year when he was at tacloban to share about financial literacy in a biblical based.
    Thank you and I hope I can have your positive response on this matter…

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