FREQUENTLY ASKED QUESTIONS
Farmacia ni Dok is a drugstore that offers, generics, branded medicines and natural supplements. It also offers selected consumer products.
The total investment for Farmacia Ni Dok franchise is about P349,000. This includes the franchise fee, complete setup of Point of Sales system, uniform, promotional giveaways, training, as well as total support system necessary to run Farmacia Ni Dok.
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. For a complete listing of the package, please visit the Franchise page of this website.
The initial term of the franchise agreement is five (5) years, renewable to 2 additional 5-year terms for a total of 15 years.
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.
The royalty fee is fixed for Standard All Generic at Php 2,500 and Premium Branded- Generic at Php 3,000 for continuing support services.
Monthly royalty should be paid every 30th of the succeeding month. This should be supported with PDC for 1 year from the date of soft opening or store opening whichever comes first.
Yes, as this will support the continuing services necessary to make the business profitable and stable.
The franchisee is required to source all its medicines and related supplies directly from Farmacia Ni Dok Inc.
The store should be visible from main roads or thoroughfares, near commercial or highly dense residential areas.
The Food and Drug Administration requires all drugstores to have a licensed pharmacist to directly supervise operations and dispense drugs. Ideal staff requirement per store would be 2 to 3 personnel including the Pharmacist / Manager and Pharmacy Assistant.
Yes. After you sign a franchise agreement, you will receive a copy of the Confidential Operations Manual containing policies and procedures involving Farmacia Ni Dok franchise operation. Since this is a proprietary of Farmacia Ni Dok, we request the franchisee to keep it with utmost confidentiality.
Yes, franchisee and their staffs will be train on pharmacy practice & regulations, good dispensing practice/FDA inspection, pharmaceutical products/product knowledge and store policies.
Minimum store requirement of 15 sqm (FDA minimum requirement).
It’s the discretion of the franchisee to exercise the operating hours based on environmental factors. Generally, opens at 8am and closes at 8pm.
We exercise proper allocation of medicines according to movement. Hence, we make sure that all medicines are of utmost importance. Therefore, we do not encourage any return of medicine as this forms part of the initial stocks and maintaining inventory.
Branded medicines can be replaced 6 months before the expiration.
Cash on delivery or terms. To avoid delay on delivery the franchisee will pay the account payables first per invoice.
- Attend the franchise orientation seminar at Farmacia ni Dok Incorporated corporate office.
- Submit the following initial requirements:
- Filled online application form (farmacianidok.com/franchise/).
- Photo and location map of proposed site.
- We will evaluate your application and request for other requirements as needed.
- IF APPROVED, we will discussand review with you the Franchise Agreement.
- We will set the formal signing of the franchise and payment of franchise fee.
- Franchise undergoes and completes the training and registration requirements as well as prepares for grand opening.