For Jeff and I, ownership of our own independent pharmacy seemed like a pipe dream. It
was something we had talked about on numerous occasions, but there didn’t really
seem to be a concrete method of making it happen. There were so many obstacles facing
an individual who wanted to become an owner; the logistics of finding and purchasing
the business, the transfer of ownership, the banner of the pharmacy itself, and of
course the starting capital required. Then Value Invest came along.
Jeff
and I worked together for about 7 years before we took the next step to become the
owners of the Value Drug Mart in Drayton Valley. Both of us have our degrees in
pharmacy from the U of A, and had been practicing pharmacy at what is now our store. I
think the best part of what Value Invest offered us was not even the financial or
logistical support they gave us; it was the opportunity they gave us to continue on in
an organization that we respected at a store location that we loved. It was important
to us to be able to truly be owners, which meant we wanted to own an independent
pharmacy store, not manage a chain store. That is what Value Invest gave us.
We
are now several years into ownership and it has been a real blessing in so many ways.
We have been able to exercise the power to make decisions for ourselves, and to know
that our hard work is ultimately benefiting ourselves and our families. Jeff and Janis
have been married for 16 years and have 2 children, Denis and Kristina. I have been
married to Christine for 11 years and have two children Tate and Ellie. We have been
very intentional about involving our families in the store, and feel that this not only
brings our family together, but strengthens our store as well. The skill of being able
to balance our work and home life is very important to both of us, and involving our
families in the store allows us to better accomplish this.
The other
skill that we continually strive to develop in our store relates to our customers and
our employees. We want our customers to always feel welcome in our store. That is why
we make sure that we know our patients names and their families, in addition to their
medical histories. We truly appreciate our customers, and we try to show them that as
often as we can. That personal connection to people is so important. As it relates to
our employees, we quickly learned that by training and empowering your employees, you
not only have more time for your family or other activities, you actually build a
stronger more unified store. You are able to support and be supported by your
employees, and they know that they are valued and respected for their work. When it
comes down to it, it is your employees and your customers that determine your success
as a business.
6 years ago we never would have thought that we would be where we are today. The
challenges and stresses of moving from working in the store to owning and running it
have not always been easy. But the support we have received from Value Invest, our
families, and our employees and patients have allowed us to grow a business that we are
truly proud of.
- Own a 5,000 to 10,000 square foot, full
line store
- Own an established store in an
established market
- Practice Pharmacy the way you want to
- Receive 100% financing
- Earn $100,000 salary, benefits, plus
the equity in your store
- Benefit from management and operational
support
- Have the independence of being an owner
with the benefits of belonging to a group
- Experience the freedom of ownership