- 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
Steve and I feel like our experience with Value Invest has been unique in a couple of
ways. First of all, we actually became owners right after I finished my degree in
pharmacy from the University of Alberta. Value Invest had an informational session at
the U of A, which I attended. I was immediately interested and Steve and I began to
talk about whether or not this could be a reality for us. We were attracted by the idea
of being our own boss, as well as making more money based on our hard work. We started
meeting with Value Invest and a few months after I finished my degree, we moved to Oyen
to become the owners of our very own store.
The other way that our store is unique is that we actually changed banners
shortly after taking over the store. When we became owners, the store was an
established Apple Drugs location, but we renovated the building and re-opened as a
Value Drug Mart store. Although we weren’t sure how the existing customers would
respond to the change, we quickly realized we had made the right decision. The Value
Drug Mart banner allowed us to carry a wider selection of products, which allowed us to
better serve our customers. In addition, the renovation refreshed the town of Oyen and
continues to be a destination store to this day. Our business has continually
increased, and we have managed to bring back some people who hadn’t shopped at
the store in a long time. To us that is a great achievement, and one we couldn’t
have accomplished without the renovation.
Value Invest taught us so much about how to run our store successfully; I
truly don’t think we could have done this without them. We had very little
experience in how to run a business when we moved to Oyen. They taught us proper book
keeping and everything about financials, they taught us proper management techniques,
and they taught us everything about product, from the ordering to the selling process.
There were so many times that we found ourselves making quick calls to either Value
Invest or other store owners to figure out the answer to some question we had. Through
the whole learning process, Steve especially has been very hands on in learning
everything that he can to make sure that we are continually improving the way we do
business. We know that we are in a people business, and the key to successfully growing
our business is to continually improve our systems and operations as well as ensure
that we always have enthusiasm and a passion for the people we are interacting with.
Being an owner is a full time responsibility. Even with the amazing staff that
we have, and the support we have from Value Invest, we still know that ultimately the
buck stops with us. We have to be responsible for the decisions and their consequences.
But in exchange for that, we also know that we stand to reap the greatest rewards.
Every time we turn a challenge into an opportunity we know that we are building a
stronger business and working towards a greater sense of freedom.
When we made the decision to become owners, it was because we wanted a career
in which we could fulfill our two main goals of being able to spend more time together
and having a financial freedom to retire early. That freedom doesn’t happen over
night, but the process to get there is so worth it. We have already started to achieve
our goals and have gained so many unexpected benefits along the way. Being an owner is
so worth the work.