Health Mart Drugstore FDD Summary
Type of Business
The franchisor offers franchises for the right to operate a retail pharmacy business (“HEALTH MART Drugstore” or “Drugstore”) using the trade names, trademarks and service marks that the franchisor designates, including the trademark HEALTH MART, and the operating and merchandising support services that is described in this Disclosure Document.
Corporate Information
Health Mart Systems, Inc. was incorporated in the State of Delaware on January 21, 1997. Their principal place of business is One Post Street, San Francisco, California 94104. They conduct business under their corporate name, “Health Mart” and “Health Mart Systems, Inc.” They are a wholly-owned subsidiary of McKesson Corporation, formerly known as McKesson HBOC, Inc.
Investment
The total initial investment necessary to open and begin operating a HEALTH MART Drugstore ranges from $2,275 to $103,850 for franchisees who convert an existing pharmacy business to a HEALTH MART Drugstore and from $245,775 to $654,250 for start-up franchisees who do not own an existing pharmacy when they sign the Franchise Agreement. The Franchise Agreement does not require that you pay the franchisor an initial franchise fee or make payments to the franchisor or their affiliates for goods or services before you open and begin operating as a HEALTH MART Drugstore.