2010
50
$300,000
$40,000
$500,000
No
986 Pharmacy is a rapidly growing, customer-focused pharmacy franchise dedicated to providing accessible, affordable, and high-quality pharmaceutical products and healthcare services across the USA. With an emphasis on personalized patient care, innovative technology integration, and community engagement, 986 Pharmacy stands out as a trusted leader in the evolving retail pharmacy industry.
This franchise concept combines the best of traditional pharmacy services with modern conveniences such as digital prescription management, telepharmacy consultations, and an extensive range of health and wellness products. Known for its commitment to improving patient outcomes, 986 Pharmacy’s reputation is built on reliability, expert advice, and a caring approach to health.
Positioned strategically within the healthcare retail market, 986 Pharmacy targets a broad demographic including seniors, chronic care patients, and health-conscious consumers, while also catering to walk-in customers seeking over-the-counter medications and wellness solutions. As healthcare trends shift toward preventative care and personalized medicine, 986 Pharmacy is perfectly poised to meet growing consumer demands through its scalable franchise model.
Investing in the 986 Pharmacy franchise presents a compelling opportunity backed by several unique selling points (USPs):
Strong Market Demand: The U.S. pharmacy sector is a multi-billion-dollar industry, with steady growth driven by an aging population, increasing chronic illnesses, and rising health awareness. Pharmacies are essential businesses with consistent foot traffic, ensuring resilient revenue streams.
Comprehensive Service Offering: Unlike many competitors, 986 Pharmacy offers a full spectrum of services from prescription filling, immunizations, health screenings, to personalized medication therapy management.
Technology-Driven Efficiency: Leveraging advanced pharmacy management software and telehealth platforms, franchisees can offer convenient, secure, and efficient services, enhancing customer satisfaction and retention.
Brand Recognition & Trust: 986 Pharmacy is rapidly building brand loyalty across various U.S. regions through excellent service, ethical practices, and community involvement.
Profitability & Growth Potential: With low operational costs relative to revenue, multi-channel sales, and scalable business models, 986 Pharmacy offers high-profit margins and sustainable growth for franchisees.
Consumer Trends Alignment: Rising consumer focus on health and wellness, along with demand for personalized care, perfectly aligns with the franchise’s core mission and services.
Established Year: Founded in 2010, 986 Pharmacy has grown from a single location to a flourishing franchise network.
Franchise Units: Currently, there are over 50 active franchise units across multiple U.S. states, with aggressive expansion plans underway.
Founders: The franchise was founded by a team of experienced pharmacists and healthcare entrepreneurs passionate about improving community health.
Brand Journey: Starting as a local neighborhood pharmacy, 986 Pharmacy embraced innovation and quality service early on, transforming into a leading franchise brand recognized for excellence.
Company History & Ownership: 986 Pharmacy operates as a privately held company, focused on sustainable growth, franchisee success, and customer-centric policies.
Market Presence: With growing footprint in urban, suburban, and rural markets, 986 Pharmacy serves diverse communities and continues to gain market share in the competitive pharmacy industry.
Industry Category: Retail pharmacy, healthcare services, and wellness solutions provider.
986 Pharmacy offers comprehensive support and training to ensure franchisees are fully equipped for success at every stage:
Pre-Launch Support: Includes site selection assistance, lease negotiation advice, and guidance on store layout to optimize customer flow and compliance with healthcare regulations.
Operational Training: Intensive on-site and virtual training covering pharmacy operations, prescription handling, inventory management, customer service, and staff hiring procedures.
Marketing Support: Franchisees receive proven marketing strategies, national and local advertising campaigns, social media management tools, and access to branded promotional materials.
Academic & Regulatory Training: Training on compliance with FDA, HIPAA, and DEA regulations, ensuring all operations meet federal and state healthcare laws.
Ongoing Support: Dedicated franchise support teams provide continuous assistance in IT, supply chain management, operational troubleshooting, and business growth strategies.
Technology Integration: Continuous upgrades and training on the latest pharmacy management systems and telehealth platforms to keep franchisees competitive.
The ideal 986 Pharmacy franchisee is a motivated entrepreneur with a passion for healthcare and community service, coupled with sound business acumen:
Business Background: Candidates with experience in retail management, healthcare, pharmaceuticals, or customer service industries are preferred but not mandatory.
Passion: A strong desire to improve community health outcomes and deliver personalized care.
Investment Capability: Financially capable of meeting initial investment and sustaining working capital until the business reaches profitability.
Location Preference: Ideal candidates are interested in operating pharmacies in urban, suburban, or rural areas with sufficient local demand and healthcare needs.
Skills & Attributes: Strong leadership, customer orientation, problem-solving skills, and willingness to learn healthcare compliance regulations.
Community Focus: Franchisees eager to build relationships with local healthcare providers, patients, and organizations to drive brand loyalty.
Total Investment Required: Estimated between $300,000 to $500,000, depending on location size, infrastructure, and local market conditions.
Minimum Investment: $300,000
Franchise Fee: $40,000 (one-time)
Franchise Units: 50+ active in USA, growing
Infrastructure Cost: Includes leasehold improvements, pharmacy equipment, computer systems, and initial inventory, approximately $150,000 to $250,000.
Marketing Budget: Recommended $3,000–$5,000 monthly for local and regional marketing efforts.
Working Capital: Suggested minimum of $50,000 for the first 6 months of operations.
Royalty Fees: 6% of gross revenue
Expected ROI: 18% to 25% annually, with profitability expected within the first 12–18 months.
Break-even Time: Approximately 12 to 18 months after opening.
Potential Revenue Streams:
Prescription medication sales
Over-the-counter products
Immunization and vaccination services
Health screenings and consultations
Wellness and dietary supplements
Home delivery and telepharmacy services
