With more than 20 years in the market, Dr. Simi has won the hearts of all of Mexico and it is that there is practically a branch of Similar pharmacies in every corner of the country to support the population in the health sector.
with their modest queriessale and distribution of generic drugs, this company reaches an annual income of up to 800 million dollars. At par, it is perceived that there are more than 5,000 franchises and 1,400 own branches in the country.
With several recognitions for its social commitment and being one of the favorite pharmacies of Mexicans, Dr. Simi’s company has not found a competitor to face the leadership it has in Latin America within generic drugs.
In this sense, it seems that setting up a branch of the health branch is a good idea, especially in these times, where despite the progress of vaccination against Covid-19, infections prevail in the Mexican Republic and in the world.
Is the boot included? The price of setting up a Similar Pharmacy
According to the platform Planet Franchise, the minimum investment to set up and operate this business is between 500,000 and 750,000 dollars. This includes:
- Franchise fee ($12,500)
- Branch adaptations
- Announcements and publicity
- Furniture
- Air-conditioning
- Staff training
- road studies
- Socio-economic study
- Purchase of inventories
- Facilities
The franchise acquisition process is carried out by best foundation, who is in charge from interest, adaptation and training to the assortment of pharmacies. However, there is bad news: in 2022 and for several years there has been no availability of branches.
The company no longer offers the opportunity to acquire new franchises in Mexico. In fact, all new units are owned by the corporate. Will the old franchise scheme return? It is very unlikely.
Other pharmacy options in Mexico
Although Dr. Simi is no longer available, there are other pharmacy options that can be purchased as a franchise. Some of them are:
- FarmaSana: Distributes generic, patent and natural medicines. At the same time, he also works with a medical office. Its total cost is 669,000 Mexican pesos.
- ByFarma: Your franchise fee starts at 75,000 pesos. It does not sell patent medicines, it only focuses on generic and naturopathic drugs.
- GI Pharmacies: It also has an office; offers generic medicines, vitamins and perfumery products. Its franchise fee starts at 100,000 Mexican pesos.
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