Are you ready to run a franchised pharmacy? The major high street chains are a formidable challenge for any independent chemist.

The big name franchises having huge buying power, and powerful marketing, which brings in customers who might walk past your independent chemist shop. But rather than seeing them as a threat, you could take advantage of their success. Running your own franchised pharmacy and chemist shop could be the best way to make the most of your pharmaceutical skills, and the full potential of high street retailing. 

With a nationwide group and professional marketing behind you, you can look forward an increase in footfall and profitable business.

The costs of franchising

Buying a franchise will require a major investment. The precise costs involved will vary - you need to find what is on offer from the various franchisors, and the payment they will expect. Most will include a substantial initial franchise fee and expect you to commit to substantial investment to bring your practice in line with their branding and provide the appropriate level of equipment and facilities. There may be a monthly fee and additional expenses to consider once you are up and running also.

It makes sound business sense - but many business lenders, such as banks, may not be able to help as your business is technically a start-up and lacking a business history.

This means that a specialised Franchise Loan package may be essential. At Rangewell, we can help you find the funding you need with a specialised Franchise Loan package.

Get help to take on a franchise

At Rangewell, we know the specialist lenders who can help with purpose-built Franchise Loans. They will look at your experience, your business proposal and the potential of the franchise you have chosen - giving you the chance to benefit from their expertise, as well as the finance you need.

Simply call us to discuss your plans.

How Rangewell can help you become a franchised pharmacist

If you are considering a franchise, getting the necessary finance in place is vital - and needs to be arranged as early as possible.

We believe that it should actually be one of your first steps if you are considering a franchised business.

At Rangewell, our team of business finance experts have in-depth understanding of the levels of funding required by many of the major franchise providers.

They may be able to explain the sums involved even before you have settled on the franchise you want. They can certainly use their expertise to find you the most appropriate lenders, and to help you secure the funding to support your plans.

We’ve helped many of our clients find the finance they need to take on the franchise they want – and go on to run highly successful businesses.

Call us now to see how we can do the same for you.