Health Mart is an innovative franchise program designed to enhance an independent pharmacy's ability to compete with chains, mail-order programs, and other independents. Health Mart supports its franchisees by providing a strong consumer brand, advertising, marketing, managed care contracting, wellness programs, and front-end and operational support. Their industry-leading automation systems to help you manage your pharmacy more efficiently and effectively. New franchisees also receive a guide to getting started and a comprehensive operations manual.
Health Mart does not require an initiation fee or binding contract, provides better tools for market leaders to manage their business and serve their customers, and includes consumer-preferred branding. Overall, Health Mart offers significant value for a nominal cost. They're so sure that you'll find value in the Health Mart model that they offer a three-month out clause that you can exercise at any time without penalty.
Related Franchise Categories
Drugstore Franchises
Medical Franchises
Pharmacy Franchises
For more information on owning a Health Mart franchise, please visit the official Health Mart website here.
Franchising Tips and Facts
Franchising opportunities provide brand recognition, management and administrative systems, and a proven business model to small business owners. In theory, this should result in Health Mart franchises having higher success rates than non-franchise business opportunities. But in practice, franchises can and do fail.
How much can you make if you own a Health Mart Franchise? By law a franchise salesperson cannot provide you with an Earnings Claim, unless it is included in the disclosure document. There is no legal requirement that the franchisor must provide you with an Earnings Claim, however some franchisors do provide it. If the franchisor has chosen not to provide it, then it remains important to contact other franchisees listed in the disclosure document. Other Health Mart franchisees can answer many of your questions. Many franchisors will also require you to visit their headquarters before signing the agreement, so that you can both get to know each other better. This is known as Discovery Day.
Be sure to ask about marketing programs (if any) that are offered to Health Mart Franchisees. If your franchise contract requires you to make contributions for larger scale advertising and marketing programs, try to find out how the franchisees participate in decisions on the programs, campaigns and budget management. You want to make sure your money is going to good use, and it's being managed properly.
When considering whether or not to invest your money in a Health Mart franchise, be sure to ask if you will be required to purchase products and supplies from the parent company. If so, compare your cost to the local retail prices of the same goods. There have been instances in the franchise industry where the price from the franchise company for goods was higher than the price of the same goods in local retail stores. Selling anything under these conditions would make it quite difficult to keep your prices comparable with your competitors.
Please Note: Health Mart, and other
franchise opportunities, business opportunities,
businesses and franchises listed on this web site are not to be
considered as an "offering," suggestion or approval by
DialyFranchises.com. As always, we recommends seeking the advice of a lawyer, financial consultant or
accountant before purchasing a franchise or business opportunity.
