We regularly speak to pharmacists to share what has been instrumental in the growth of their business. This month we spoke to Sid Patel, RPh, about how he opened 5 pharmacies in multiple states in one year. Read his story below to learn about the many advantages through franchising with Benzer Pharmacy.
Sid Patel, RPh, has an extensive retail pharmacy career prior to his joint venture with Benzer Pharmacy. After opening two independent pharmacies with his brother in Tampa, he made the decision to partner with Benzer Pharmacy so he could expand his business.
Benzer Pharmacy is a top franchise choice for independent owners. Benzer Pharmacy is run by independent owners for independent owners. With a proven track record, consolidated services, nationally recognized branding and low cost of operation, they make sure pharmacists are not alone in starting and operating their business.
In just one short year and with the partnership with Benzer Pharmacy, Sid was able to open 5 stores in multiple states. And by next year he will be opening 4 more stores.
When we asked Sid Patel, RPh, why he chose to join Benzer Pharmacy he said, “I have a comfort level with Benzer Pharmacy that I can not find anywhere else. Benzer Pharmacy offers flexibility and transparency that other companies lack.”
As part of the Benzer Pharmacy team, Sid receives full access to Benzer Pharmacy’s resources which includes human resources, compliance team, payroll, and accounting that helps to streamline the operations in his stores. These tools and resources help Sid to understand exactly where he stands each month, providing him peace of mind.
He doesn’t have to worry about cost of goods which is very important to him and his business. With Benzer Pharmacy, Sid saves at least 1.5 – 2% of his total revenue costs which translates to the thousands and which is part of his net profit. This would not be possible if he was doing this on his own.
When we asked Sid Patel, RPh, what has been possible by pairing up with Benzer Pharmacy that has been the greatest asset to you and your business, he said, “The growth of my company was only possible by the joint venture with Benzer Pharmacy. The success I have belongs to Benzer Pharmacy, because they provide great service, tools and resources that are really important for running a business in multiple states. They help me overcome hurdles to operate my stores. I would not have been able to open multiple stores and operate them in multiple states without them.”
To learn more about how Benzer Pharmacy can help you grow your business, submit your contact information here and a member of the franchise team will be contacting you within 24 hours.