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FRANCHISE RESALES

Buy a 986 Pharmacy Franchise

986 Pharmacy is a network of independent community pharmacies operating under parent company 986 Degrees Corporation. Established in 2014, the brand opened its first location in La Verne, California in 2015 and has since grown across Southern California and into Nevada and Texas. The name reflects a “98.6°F” wellness philosophy, positioning each pharmacy around personalised, community-level care rather than the high-volume model of national chains.

The business combines retail pharmacy with clinical and specialty services: prescription fulfilment, over-the-counter products, immunisations, medication therapy management, medication synchronisation and free local delivery. Several locations extend into specialty medication, compounding and infusion services, and the group serves Medicare and Medicaid patients, assisted-living facilities and 340B clinics. Multilingual staff support diverse communities.

The franchise is brick-and-mortar and territory-based, led by co-founder and CEO Dr. Ken Thai, a recognised independent-pharmacy advocate. Owners run a locally trusted healthcare business backed by franchisor systems, competing on service and relationships rather than scale.

Latest Resales

  • There are currently no 986 Pharmacy resales available
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Why buy a 986 Pharmacy Franchise?

Buying a 986 Pharmacy franchise offers entry into essential community healthcare through an established, founder-led brand rather than building an independent pharmacy from scratch. The model carries exclusive territory protection and is supported by pharmacy management software, marketing tools and ongoing access to clinically trained pharmacists, giving an operator infrastructure an unaffiliated independent would have to assemble alone.

The appeal lies in multiple revenue streams: prescriptions, over-the-counter sales, immunisations, clinical services and, at some sites, specialty medication and compounding, within a category that has proved resilient across economic cycles. Its community positioning and multilingual, personal-service approach differentiate it from national chains that have been closing stores.

986 Pharmacy Franchise Costs & Information

Based on 2023 data reported in the 2024 FDD

  • Brand Profile

    • Year Founded

      2014

    • Franchising Since

      2018

    • New Startup Cost

      $279,700 – $671,000

    • Avg. Resale Price

      Contact us for details

  • Franchise Fees

    • Initial franchise Fee

      $75,000

      for new territories

    • Transfer Fee

      $5,000

    • Royalty Fee

      $1,500 – $2,000

      per Month

    • Marketing Fee

      Up to 0.25%

      of Gross Sales; not currently collected

  • Unit Performance

    • Total Units *

      25

    • New Units Opened *

      10

    • Units Transferred *

      0

    • Avg. Unit revenue *

      Not Disclosed

    * Based on 2023 data reported in the 2024 FDD

986 Pharmacy – Additional  Information

  1. Training & Support

    Incoming owners receive two weeks of structured initial training covering operational procedures, supported by a comprehensive onboarding programme. Ongoing support includes pharmacy management software, staffing support, marketing tools, business coaching, regulatory and licensing guidance, and 24/7 access to the franchisor's clinically trained pharmacists. Territory protection applies to each location. Resale buyers should confirm with 986 Pharmacy what transfer training and software access carry over to a new owner, and the licensing status of existing pharmacist staff.

  2. Ideal Owner

    The model suits a healthcare-minded, community-oriented entrepreneur comfortable running a hands-on retail operation. Prior pharmacy experience is not required; owners can focus on business management, staff oversight and local relationships while licensed pharmacists handle clinical work. Strength in customer service, navigating insurance and reimbursement, and building ties with local prescribers, care facilities and diverse communities matters more than clinical credentials. It fits operators who value trusted, relationship-led healthcare over high-volume retail.

  3. Recognition & Awards

    986 Pharmacy has built recognition largely through its growth to a network of around 45 retail, specialty and affiliated pharmacies and the profile of co-founder and CEO Dr. Ken Thai, named the National Community Pharmacists Association's 2022 Willard B. Simmons Independent Pharmacist of the Year. Its entrepreneurial stance against national chains has been featured by East West Bank and pharmacy trade media. For resale buyers, brand-level recognition should be weighed alongside the specific unit's local reputation, patient reviews and referral sources.

  4. Industry / Market

    US spending on prescription drugs exceeds $400 billion annually, and demand is supported by an aging population, rising chronic-disease prevalence and growth in specialty and compounded medications. Independent community pharmacies remain a sizable share of the market, and recent large-chain store closures have created openings for locally focused operators. Clinical services such as immunisations and medication therapy management add revenue beyond dispensing. For resale buyers, local prescriber relationships, payer mix and neighbourhood demographics shape an individual pharmacy's demand.

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