Franchising Status
Eligibility for SBA Loan

Overall Rating

Franchise Summary

Business Opportunity

The franchisor offers franchises for the right to operate a retail pharmacy using the trade names, trademarks, and service marks that they designate, including the trademark HEALTH MART and the operating and merchandising support services that the franchisor describes in this Disclosure Document.

Corporate Structure

Health Mart Systems, Inc. was incorporated in the State of Delaware on January 21, 1997. Their principal place of business is 6535 State Hwy 161, Irving, Texas 75039.

Investment and Franchisee Fees

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 $250,775 to $674,250 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 farnchisor 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.

Estimated Franchisee Revenue & Profit

No Data Available

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Franchise Types Available

# Type Investment Fees

Management Team

# Name Position

Franchise Disclosure Documents

FDD Effective Date

Franchisee Financial Performance

Average franchisee revenue and gross profit relative to industry peers

Accessibility

Net wealth and liquid capital requirements relative to industry peers

Franchisor Reputation

Number of lawsuits and bankruptcies relative to industry peers

Franchisor Financial Health

Revenue and cash of franchisor relative to industry peers

Franchise System Health

Franchisee termination and cessation rate relative to industry peers

Affordability

Investment and franchise fees relative to industry peers

Distribution of Health Mart Pharmacy Franchisees

Health Mart Pharmacy Franchise System Development in 2018

Historical Health Mart Pharmacy System Growth

Data not yet available

Historical Franchisee Revenue

Data not yet available

Historical Franchisee Gross Profit

Data not yet available

Average Franchisee Revenue vs. Retail in

Data not yet available

FAQ

How much investment do I need to start my own Health Mart Pharmacy business?
Franchisees typically require at least $245,775 to $654,250 investment to get their Health Mart Pharmacy business started
What are the initial franchise fees for Health Mart Pharmacy?
We don’t know exactly how much the franchise fees are for Health Mart Pharmacy, but we can tell you that other franchises in the Retail sector typically need to pay between $18,792 and $27,779 to the franchisor
How much money can I make with a Health Mart Pharmacy franchise? What are the average revenues for a typical Health Mart Pharmacy business?
We haven’t done the math on how much revenue a typical Health Mart Pharmacy brings in each year. We estimate that other franchisees in the Retail industry general revenue, so we would expect Health Mart Pharmacy to generate a similar amount
How long do I need to commit to running a Health Mart Pharmacy unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

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