It is by no doubt that people no matter how young or old, they will get sick. No one is invincible in this lifetime. By this, medicines are the very weapon in making sure that one gets back in shape the soonest time possible. Consequently, medicines are the essentials in taking care of our health. With this in mind, the Generics Pharmacy was established as a small pharmaceutical company.   Its mission is to offer quality medicines among Filipinos. This unique concept of only selling generic drugs became popular and was patronized by almost everyone. Thus, the company grew and the demand for this kind of drugs is currently increasing because of its very wide target market. If you think about it, practically everyone alive in this planet is its customer.

Company History

TGP or The Generics Pharmacy was established in 1949. Because of its successful entry into the market, the company decided to venture into retailing in 2001 with only a single outlet. True to its mission of bringing quality drugs that is priced affordably to every part of the country, TGP decided to venture into franchising for its products to be more accessible. This was in the year 2007 with twenty (20) outlets within Metro Manila as a start. The rest was history as they say, TGP rapidly take off as a business venture. Currently, TGP has 1600+ outlets all over the Philippines and that by 2015, it targets to have 2000 outlets.

Health Entrepreneurs

The goal of having a TGP Franchise is to make healthcare entrepreneurs out of every Pinoy so every Juan gets access to quality and affordable generic medicines. Having a TGP franchise is very relevant as this is considered as a socially relevant and helpful to Filipino families, this franchise is extremely affordable, very profitable, easy to learn, operate and easy to locate. If you are capable to meet the investment required and is willing to run the business full time, then you may be the next partner.

The Generics Pharmacy Franchise Packages

The investment fee can be as low as P600,000.00 to P800,000.00 which is inclusive of the franchise fee only and two options are available for the franchisee. These are: (1) solo or express – a new pharmacy located near markets, hospitals, big drugstores or inside malls and (2) tandem or in-store – a pharmacy located within or inside a medical clinic or hospital or inside existing stores like convenience stores, supermarkets, groceries, department stores and cosmetic stores.

The Benefits of Franchsiing TGP

If you decide to become a franchisee, you will have the full support package that includes all of the following:

  • Right to use the TGP trademark, name and logo
  • Start-up and pre-opening assistance
  • Site evaluation assistance
  • Architectural store design and construction assistance
  • Franchise operations manual
  • Extensive training on pharmacy retailing, business management operations and customer service
  • Guidance and education on generic drugs
  • Crew uniform
  • Regular advertising support
  • Marketing and promotion assistance

Step-by-Step Guidelines: TGP Franchise

The following are the steps if you want to own The Generics Pharmacy franchise in your area.

  1. There is a need to attend The Generics Pharmacy Business Seminar at scheduled dates. You can call Mr. Miguel Antonio Lindo at (02) 821-1111 local 411 for your registration.
  2. You need to look for your possible site and have it approved by the company as initial step.
  3. If a site is already verified by the company, you need to submit the following documents to start your application
  • Letter of intent
  • Vicinity or location map of the proposed site
  • Filled out franchise pre-qualification form from thegenericspharmacy.com/frform.php
  • Resume with colored ID
  1. Once all of the above documents are received, the application is carefully reviewed and evaluated by management.
  2. If qualified, you will be invited to a business meeting to discuss details and terms of the franchise.
  3. Once you are clarified and you agree with their business set ups and offerings, you need to sign the franchising agreement.
  4. You need to process DTI or SEC registrations depending on your planned business models.
  5. You also need to process lease contract from landlord or proceed with the renovations of the site.
  6. You need to look for a licensed pharmacist.
  7. You need to complete FDA requirements, city hall permits and BIR permits for POS and receipts.
  8. The franchisee, pharmacist and assistant needs to attend actual training.
  9. For more information and details you may contact The Generics Pharmacy at the following details:

Address: Km. 14 West Service Road, Cul de Sac corner Edison Street Sun

                 Valley, Paranaque City 1700

E-mail: customercare@tgp.com.ph

Website: www.tgp.com.ph