Pharmasave is Canada’s leading independent pharmacy cooperative, with over 800 community pharmacies nationwide. Since its founding in 1981, Pharmasave has built a unique model that blends local ownership with national-scale resources—ideal for entrepreneurs looking to enter the healthcare retail market.
What Makes Pharmasave Unique
- Independent Ownership: Each pharmacy is locally owned and operated by a licensed pharmacist, serving community needs with tailored care.
- National Cooperative Strength: Despite their independence, Pharmasave owners benefit from a centralized system offering retail programs, supply chain access, and group purchasing.
- Flexible Franchise Model: Designed to support different store formats—from small dispensaries to full-service healthcare outlets.
Franchise & Ownership Details
| Feature | Details |
|---|---|
| Network Size | 800+ stores across 9 provinces |
| Initial Investment | $75K – $300K (depending on size, location & inventory) |
| Franchise Fee | Typically $10K – $50K |
| Royalty | ~3–6% of sales |
| Other Requirements | Licensed pharmacist owner; ability to share local governance |
Why Invest in a Pharmasave Franchise
- Resilient, recession-proof industry serving ongoing healthcare needs
- Local autonomy with backing from a supportive and collaborative national network
- Strong brand recognition among Canadian consumers
- Comprehensive professional and operational support, from marketing to advocacy
- Opportunity to diversify into wellness services, vaccinations, and lifestyle retail
How Star Brands Consulting Group Can Help
If you’re interested in investing in a community pharmacy, we provide full support:
- Market research & regional opportunity assessment
- Site selection and retail setup assistance
- Franchise application & financial modeling
- Recruitment and licensure guidance
- Supply chain setup & professional systems training
- Expansion strategy for multi-unit or regional development
Ideal Candidates
- Licensed pharmacists seeking to transition into ownership
- Healthcare investors diversifying into retail pharmacies
- Real-estate developers building healthcare-oriented retail ecosystems
- Multi-outlet operators seeking a trusted pharmacy brand
Next Steps
Contact Star Brands Consulting Group for a confidential consultation. We’ll assess your jurisdiction, eligibility, and development vision—and align you with Pharmasave’s growth model.
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