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, TGP pivoted its operations and focused on delivering generic medicines to Filipinos instead.
In 2001, the franchise branched out into retail, opening its very first branch. It quickly realized, though, that one was not enough. With the franchising model, we were able to reach Filipinos in every corner of the country. In 2007, it set out with its first 20 franchises within Metro Manila.
- 21 years in generic pharmacy business
- 16 years in Pharmacy Franchise business
- Pioneer and trail blazer for quality generics
- Most comprehensive assortment of Generic Brands
- Subsidiary of Robinsons Retail Holdings Inc./ Gokongwei Group
All our retail franchises are required to pay 1% of their gross sales as advertising fee. This is to be paid on or before the 15th of the succeeding month.
TGP reserves the right to increase franchising and royalty fees in the future depending on the prevailing situation.
TGP requires all its retail franchises to pay an advertising fee of 1% of their gross sales. This payment is due on or before the 15th of the following month.
TGP reserves the right to increase franchising and royalty fees in the future depending on the prevailing situation.
Why choose a TGP Franchise?
TGP is regarded as a respectable supplier of generic medicines in the Philippines. Owning a TGP franchise is beneficial because:
- It has a huge market potential. Thanks to its dedication and commitment to providing a wide range of affordable medicine, TGP continues to be the leading retailer of quality generic medicines. Franchisees will get a highly profitable and stable investment that will surely provide huge returns.
- It has a 90% Success Rate. Franchising has proven to be a successful way to invest your money, with a 90% success rate in the Philippines. Regardless of the economic climate, it can provide franchisees with steady income.
- TGP provides a Support Package. We want nothing more than for franchises to succeed which is why we provide support before, during, and after franchises have been set-up.
Now is the perfect time to grow your money while helping the everyday Juan. Get started on your TGP franchise journey today!
| Address | Km. 14 Edison St. cor. Cul de Sac, West Service Road, Sun Valley Parañaque City, Philippines 1700 |
| Phone | +63(2) 8821 1111 loc413 |
| Mobile Phone | +63 (949) 993 8279 |
| Website | Visit Website |
| franchise@tgp.com.ph, | |
| Social Media |    |
| Trademark TGP |
| Owner & Operator THE GENERICS PHARMACY |
| Franchise Fee (Min) ₱300,000 |
| Capital Requirement (Min) ₱650,000 |
| Marketing/Advertising Fee All stores are required to pay 1% of the gross sales as an advertising fee. This is paid on or before the 15th of the succeeding month. |
| Royalty The royalty fee is 1% of gross sales for continuing support services. |
| Inclusions - The franchise fee covers the cost of providing you with pre-opening and start-up assistance, initial training and other support and business development services. Franchise Fee (Deferred Payment Scheme) * Initial Pay-out: P150,000.00 * Balance of 75,000 PDC dated Year 3 * Balance of 75,000 PDC dated Year 6 - As our franchisee, our representatives will provide advice and guidance, and check quality control compliance, and may be consulted on any matter you may encounter as you operate the business. Refresher trainings may also be provided as needed. -There are three (3) mandatory types of training for the TGP Franchisees Community Pharmacy Training – designed for store personnel Pre-Operations Training – designed for Franchisees Continued Franchise Education Seminar – designed for both or depending on the topic All of these are given free to a franchisee. - A comprehensive operations manual after signing a franchise agreement, you will receive a copy of the Confidential Operations Manual containing policies and procedures involved in running the business.. |
| Requirements a) Submit the following: Letter of intent Vicinity or location map of the proposed site Filled-out Franchise Prequalification Form www.thegenericspharmacy.com/frform.php Resume with colored ID b) We will review and evaluate your qualifications thoroughly. c) If qualified, we will invite you to a business meeting to discuss the details and terms of the franchise prior to signing the franchise agreement. |
| Initial Term The initial term of the franchise agreement is three (3) years, renewable to 2 additional 3-year terms for a total of 9 years. |
| Required Space Ideally, a TGP location should have a minimum space of 15 sqm. for a stand-alone or in-line unit which must be located near hospitals, medical clinics, competing drugstore chains, health food stores, public markets, supermarkets, department stores, cosmetics, and convenience stores. |
Franchising Opportunity
| Franchising Fee (Initial Payout) | ₱ 150,000.00 |
| Leasehold Improvements | 150,000.00 |
| P.O.S. (Hardware and Software) | 90,000.00 |
| Operating Capital | 260,000.00 |
| Total Capital Investment | ₱ 650,000.00 |
| Breakdown of Operating Capital: | |
| 5 mos. Rent x ₱ 24,000.00 | 120,000.00 |
| 2 mos. Electricity, Water, Phone/Internet x ₱7,000.00 | 14,000.00 |
| 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 | ₱ 260,000.00 |
| Monthly Expenses | |
| Rent | ₱ 24,000.00 |
| Utilities – Electricity, Water, Phone/Internet | 7,000.00 |
| Pharmacists’ Salary | 25,000.00 |
| 2 Pharmacy Assistants’ Salaries | 34,000.00 |
| Miscellaneous | 4,000.00 |
| Total Monthly Expenses | ₱ 94,000.00 |
| Initial Stocks or Inventory | ₱ 280,000.00 |
| Break-even Sales per Month | 235,000.00 |
| 40% Average Gross Margin | 94,000.00 |
| Break-even Sales per Day (30 Days) | 7,833.00 |