Owning your healthcare future
27th Feb 2024
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By Emily Ainsworth
The Australian healthcare landscape is booming, with the pharmacy sector generating an annual revenue of $25.9 billion according to analyst IBISWorld. If you're an entrepreneur seeking a stable and rewarding business opportunity, a TerryWhite Chemmart franchise might be the perfect fit. Here’s why:
A trusted brand with a strong reputation.
TerryWhite Chemmart has been a household name in Australia for over 70 years. This established brand recognition translates to customer trust and loyalty, giving you a head start in a competitive market. Founded by Terry and Rhonda White, the couple opened their first pharmacy in Woody Point, Queensland, in 1959, eventually establishing a pharmacy franchise in 1994. The Terry White network continued to grow, reaching a total of 225 franchised pharmacies within the Terry White Group. In August 2016, the Terry White Group merged with the EBOS-owned Chemmart, resulting in a combined chain with a new name, logo and branding: TerryWhite Chemmart. Since then, TerryWhite Chemmart has become the largest pharmacy group in Australia, with more than 550 stores as of July 2023.
Proven business model with diverse revenue streams.
As one of Australia’s leading retail pharmacy networks delivering frontline healthcare, TerryWhite Chemmart goes beyond just dispensing medication. They offer a wide range of cost-effective, community-based healthcare services including vaccinations, health checks, weight management programs and more. This diversification allows you to cater to a broader customer base and generate additional income streams. As a franchisee, you'll also benefit from a proven business model refined over decades. TerryWhite Chemmart provides comprehensive training, ongoing support and access to their marketing and operational expertise, minimising your risk and maximising your chances of success.
Strong community focus.
TerryWhite Chemmart emphasises community engagement and local partnerships. This focus allows you to build strong relationships with your customers, healthcare professional, and community organisations, fostering a positive brand image and loyal customer base.
Competitive advantage through innovation.
The Australian healthcare sector is experiencing significant growth, driven by an ageing population and increasing demand for personalised healthcare solutions. As a TerryWhite Chemmart franchisee, you'll be well-positioned to capitalise on this growth whilst ensuring every Australian has easier access to pharmacists and expert health advice every day. TerryWhite Chemmart also stays ahead of the curve by embracing new technologies and digital solutions. This includes online prescription services, telehealth consultations and loyalty programs, attracting tech-savvy customers and enhancing your overall service offering in today’s digital era.
Flexible locations and scalability.
TerryWhite Chemmart offers franchise opportunities in various locations, from urban centres to rural communities. This flexibility allows you to choose a market that aligns with your goals and interests. Additionally, the franchise model is scalable, allowing you to expand your business as you gain experience and success.
Owning a TerryWhite Chemmart franchise isn't just about running a business; it's about making a positive impact on people's lives. With its established brand, operational support, diverse offerings and commitment to community, TerryWhite Chemmart provides a compelling opportunity for passionate entrepreneurs seeking to contribute to Australia's booming healthcare landscape.
