FREQUENTLY ASKED QUESTIONS
What does Farmacia Ni Dok offers?
Farmacia ni Dok is a drugstore that offers, generics, branded medicines and natural supplements. It also offers selected consumer products.
How much is the total franchise investment?
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.
What does the franchise fee cover?
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.
What is the term of the franchising agreement?
The initial term of the franchise agreement is five (5) years, renewable to 2 additional 5-year terms for a total of 15 years.
What other continuing support will I receive?
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.
How much is the royalty fee?
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.
When do I pay the Royalty fee of sales?
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.
Will franchisor increase franchising and royalty fees in the future?
Yes, as this will support the continuing services necessary to make the business profitable and stable.
Where do we procure the pharmacy merchandise?
The franchisee is required to source all its medicines and related supplies directly from Farmacia Ni Dok Inc.
What are the criteria for choosing a site or location?
The store should be visible from main roads or thoroughfares, near commercial or highly dense residential areas.
What is the manpower requirement for a Farmacia Ni Dok franchise outlet?
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.
Will I get a comprehensive operations manual?
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.
Will we be trained on Farmacia Ni Dok Inc system of operations?
Yes. At your store outlet, franchisees and their staff will be given 1 day training on pharmacy operations, services as well as orientation of branded and generics products. Local store marketing, sales training and POS training will provided simultaneously. Training maybe done few days or the day before the grand opening.
What is the space requirement of Farmacia Ni Dok store?
Minimum store requirement of 15 sqm (FDA minimum requirement) for Standard All Generic while 20 sqm for Premium Branded- Generic format.
Will I have exclusive territory?
In highly urbanized cities, you will not receive an exclusive territory. However, you may opt to choose the Master Franchise that entitles you to exercise the right of first refusal. As a due diligence, Farmacia Ni Dok will see to it that each site will service the population to its maximum potential to make the business viable.
What are the opening hours?
It’s the discretion of the franchisee to exercise the operating hours based on environmental factors. Generally, opens at 8am and closes at 8pm.
Can I return unsaleable medicines?
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.
Can I replace the expired branded medicines?
Branded medicines can be replaced 6 months before the expiration.
When should I pay for the initial stocks delivered?
Cash on delivery or terms. To avoid delay on delivery the franchisee will pay the account payables first per invoice.
Can we put up LOTTO outlet infront of Farmacia Ni Dok?
Unfortunately, this is not allowed. We have partnered with industry leaders to give you unlimited income opportunities. (Ayannah Loading, Nature's Spring Drinking Water, Happy Haus Donuts and Sapoe Coffee Vending Machine)
How to become Farmacia Ni Dok Franchisee?
Submit the following:
- Letter of intent
- Vicinity or location map of the proposed site
- Filled-out Franchise Application forms
- Resume with colored ID
How do I start the whole process?
- Attend the Farmacia Ni Dok Franchise Opportunity Seminar every Monday – Wednesday – Friday at 10:am at Farmacia Ni Dok Inc Head Office at #970 E. Rodriguez Sr. Ave, Brgy. Mariana, New manila, Quezon City 1112.
- Call Farmacia Ni Dok Inc at 234-2623 to register.
- Choose package, submit application and payment.
- Then signing of franchise contract.
- Look for location and have it approved by Farmacia Ni Dok franchise department.
- Register with DTI if single proprietorship and SEC for Corporation. Get a lease contract from landlord.
- Proceed with the renovation (shelves and signage).
- Look for a licensed pharmacist.
- Complete the FDA requirements and send to Farmacia Ni Dok Inc.
- Apply business permits.
- Apply BIR permits.
- lApply permit for POS and/or Sales Invoice & O.R.
- mBe prepared for actual training (franchisee, pharmacist, and assistant).
We will review and evaluate your qualifications thoroughly. 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.