Arrow Prescription Center
Arrow Prescription Center
312 Farmington Ave.
Farmington, CT 06032-1968
800#: (800) 203-2776
Tel: (860) 676-1222
Fax: (860) 676-1499
E-Mail: [email protected]
Web Site: www.arrowrx.com
Contact: Mr. Ron Kaufman, VP Business Development
ARROW CORPORATION is one of the nation's largest franchisors of retail pharmacies, offering opportunities in traditional and alternative settings. At the core of ARROW'S philosophy is the delivery of pharmacy services directly to the patient by the pharmacist.
Franchisor Background
Established: 1989
First Franchise: 1990
Franchise Units: 48
Company-Owned Units: 22
Total Units: 70
Distribution:
U.S. -- 70;
Canada -- 0;
International -- 0
-North America -- Operations in 6 States
-States/Provinces with Greatest Density: 42 in CT, 5 in MI, 5 in MA
Projected New Units Over Next 12 months: 16
Franchisee Qualifications: 4, 4, 5, 5, 4, 4
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 2 FT, 1-6 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,500 SF; FS, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $20% of Total
Total Investment: $Varies
Average Total Investment: $-1.0K
Minimum Net Worth: $100K
Fees:
-Franchise: $15K
-Average Franchise Fee: $15.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: Varies
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/5
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: Yes(B)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 30
On-Going Support: A,C,D,E,F,G,H,I (Click here for an explanation)
Training: 1-2 Weeks Corporate Training Center.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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