About Rika Drugstore Franchise

Rika Drugstore is a well-known drugstore in Cagayan de Oro City. It is considered as the pioneering drugstore in the city since it started to operate way back October 2, 1987. The first owner of the drugstore is Dr. Segundina who is an anesthesiologist by profession. She

establishes the drugstore because she sees the need for that kind of business concept and the potential market is in the place.

After some time, Dr. Segundina decides to entrust the business to her nephew and niece Andrew Velasco and Christine Velasco. Still, the same objective was maintained in operating the outlets. As of now, Rika Drugstore has six (6) outlets located in Cogon, Yacapin, Divisoria, Carmen, Carmen Market, and Gusa, all in Cagayan de Oro City and performing outstandingly.

The company can be compared with high-end drugstores given that it uses Point-of-Sales terminal and Rikakard (loyalty card for members using point system). The owners make sure that their tagline "Ang Drugstore ng Pamilya Masaligan Ta" which means "Ang Drugstore ng Pamilya na mapagkakatiwalaan natin" in Tagalog was realized.

When it comes to the market, Rika Drugstore is the type of business that is very flexible that it reaches all classes of people from walks of life. The drugstore is staffed with professional and well-trained Pharmacist and Pharmacy Assistants to assist and ensure the welfare of customers.

Lastly, the company is very much eager to fulfill our duties and responsibilities to our lifeblood, our customers. We will commit ourselves to provide quality, effective and affordable medicines to customers with the aid of our partners.

Franchise Products or Services

Quality Drugs

Franchise Inclusions or Package

  • Trademark
  • Site approval
  • Training for Franchisee and staff
  • Procurement program
  • Opening assistance
  • Research & Development
  • Operations Manual

Franchise Application Process

  1. Fill up the Confidential Questionnaire together with your letter of intent and send it to:
    G/F Minnesota Mansion, 267 Ermin Garcia St.,
    Cubao, Quezon City, Philippines
    Tel: (02) 912-2946 / 912-2973
    Fax: (02) 911-1966
    [email protected]
  2. We will review your application.
  3. You will be invited to discuss franchise details.
  4. We will present to you the Rika Drugstore’s Franchise Disclosure Information.
  5. Your proposed location will be examined.
  6. The Franchise Agreement will be executed.
  7. Outlet set-up and staff training will commence.
  8. We will provide pre-opening and marketing assistance
  9. Congratulations!!! Your Grand Opening!

Franchise Contact Details

Phone/Mobile Number: (02) 912-2946

Emaill Address: [email protected]

Website: N/A

Facebook Page: https://www.facebook.com/Rika-Drugstore-134792230517743

Franchise Business Address


G/F Minnesota Mansion, 267 Ermin Garcia St.,

Cubao, Quezon City, Philippines





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