As most of the prices of the medicines we use today go up, Generika is now offering generic medicines to cater to those who are in need but do not have the cash to spend.  Established in September 2003, Generika aims to promote generic drugs and provide inexpensive medicines without risking quality.  Mr. Teodoro Ferrer and Mr. Julien Bello took it into their own hands to address the issue that most Filipinos can’t afford to finish their medication because of the high prices.  The first branch was built on a small 2-bedroom apartment in Goodwill Village, Parañaque City.  Now, Generika has become a full-blown business wherein more and more patrons from different walks of life go to in order to buy quality and affordable medicine and can be seen almost at every commercial establishment or malls today.
Announcement: Generika is currently now accepting new Franchise applicants. Please contact them directly to see if that changes in the future.
The Generika Franchise ranges from 210,000 to 605,000 pesos. Â The amount and content depends according to the outlet type. Â The franchise package includes:
- Franchise fee of 50,000 to 150,000 pesos
- Computer hardware and Operating System license
- POS of Generika
- Security deposit
- Initial inventory of 200,000 to 300,000 pesos including deferred payment
- Pharma supplies
- Marketing supplies
- Sound system
- Operations supplies
Other expenses shouldered by the franchisee:
- Store sign
- Space renovation and equipment
- Rental deposit
- Initial permits
- Rolling capital
The Generika Franchise entitles you to the following perks:
- Use of trademark or logo
- Site market study
- Store design and construction assistance
- HR support
- Training for your employees (classroom and store)
- The use of Generika’s POS
- Regular monitoring
- Business consulting and guidance
- Refresher training
- National and local marketing support
- Easy stock replenishment
- Updates on new products
Contact Details
For more information regarding the Generika Franchise, you may contact them through their contact details listed below:
Website:Â www.generika.com.ph
Facebook:Â www.facebook.com/Generika.com.ph
Twitter:Â twitter.com/generikaPH
Email:Â franchising@generika.com.ph, edward.santos@generika.com.ph
Phone Nos.: (02)828-1818 loc. 106, (02)824-4685, (02)703-4703
Fax No.: (02)824-4685
Mobile No.: 0922-898-4982
Address: 1st St. corner 2nd St., Cervantes Compound, Km. 17, West Service Road, Parañaque City, Philippines
Jack is a self-made entrepreneur, who actually started out in the Military, then worked for the Government for a few years, until he finally made that bold step and started out his own online and offline businesses. He’s never looked back ever since, and hasn’t been happier…
