(Source: Inside Retail Philippines | 26 August 2016)
Mall developer Ayala Corp is moving into the medical sector with plans to franchise its FamilyDoc business.
FamilyDoc is a medical clinic with pharmacy, diagnostics and outpatient services, as well as a convenience store. It caters to middle-class consumers.
“Right now it’s all company-owned. But eventually we’ll experiment,” said Paolo Borromeo, Ayala strategy and development group head, in an interview.
Borromeo said the FamilyDoc franchise could cost between Php6 million and Php9 million.
Ayala opened its first clinics in December in Cavite and Metro Manila, each measuring 100 sqm. The first two outlets offer cheaper consultation services compared to other clinics.
The company plans to add four clinic-stores in 2016 and 100 outlets more in three years.