Locations to be discussed
Building on one modest store which he founded in 1978, Ivan Saltzman has turned Dis-Chem into South Africa’s leading chain of discount pharmacy super stores and turned what was once a staid industry literally on its head.
With well over 40 branches trading at prime locations throughout South Africa, and solid opportunities for further expansion exist. While Dis-Chem has no significant long-term debt and is able to fund expansion from its own resources, the objective is to speed up its growth by developing both company owned and franchised outlets with top quality individuals prepared to join a winning team.
Although the company has been on an aggressive expansion trail for several years, the business continues to be privately owned and good old-fashioned family values permeate management’s approach to the business. This creates fertile ground for expansion through franchising. When Saltzman realised this, he called in one of South Africa’s foremost strategic thinkers and business expansion experts who, after conducting an in-depth investigation of the business and its target market, did not hesitate to recommend franchising as the preferred option for further expansion. Several months of hard work later, the franchise package is in place and the opportunity ready for take-off.