Many hands make light work. The Rubicon concept.
Rubicon Pharmacies, based in Western Canada, was established to provide a viable way forward for independent pharmacists.
Three senior executives in the pharmacy sector saw first-hand the effects that market consolidation was having on community drugstores. Through Rubicon, they have created a co-investment business model that provides a wide range of business support services.
As a Rubicon managing partner, our network will help you:
- Maintain input into the business you've built up
- Maximize buying power, to make your drugstore more profitable
- Potentially increase revenue through expansion of product lines
- Ensure you have a healthy work-life balance, through human resources support
- Develop a retirement/exit plan, releasing some of your equity now
- Allow you to invest in an industry you know and love
Also, we present great business opportunities for pharmacists starting out in their careers, and provide them with support services, advice from peers, and confidence.
At Rubicon, we believe that relationships are key to the total wellness experience - and that applies to pharmacist and customer, as well as pharmacist and Rubicon.
Rubicon is a difference you can feel.
Rubicon strives to deliver the best total wellness experience. Our managing partners' main focus is on customer care and our mantra remains "Care Before Commerce".
Rubicon's package of support services assists pharmacists with day-to-day business functions, freeing them to concentrate on the more important decisions, patient relationships and service delivery.
For operational efficiency, we have developed integrated systems and procedures for purchasing, accounting and payroll, information technology, loss prevention, human resources and staff training. Along with the support of our multiple banner partners, we provide relief staff, store layout support, and marketing assistance.
Rubicon closely monitors trends in the market and forecasts the evolving needs of consumers, leading the way with new products and services. Our stores receive volume purchasing power through our banner partners, plus savings on insurance, administration and office expenses.
With Rubicon, our managing partners are provided central backup and support, but maintain the freedom to provide the individual and personal service that their customers have come to expect.
Pharmacist managing partners who become part of the Rubicon network benefit from a co-investment approach, while maintaining the core principles of independence. Mass merchandisers simply cannot compete with their service and “ownership” commitment.
Rubicon has a lean management structure, with no middle layer of bureaucracy. Our executive management team has decades of retail experience in the pharmacy sector, and understands the various business challenges of running a community drugstore.
Through our co-investment approach, we attract and retain committed pharmacists, who we encourage to maintain a healthy work-life balance.
Rubicon has just the right touch
Our stores operate in multiple banners. We are brand agnostic and when we purchase stores we continue to operate the store under its current banner enjoying the brand loyalty and identity this carries within the community.
Rubicon was established in 2005 by Al Chilton, Blair Pateman and Robert Gare, (three senior executives in the pharmacy sector), as a means of providing investment opportunities to pharmacists, while helping them maintain control of their future. Over the past 12 years Rubicon has purchased several Pharmasave, Pharmachoice, Value Drug Mart and IDA stores across Western Canada.
Well known for operating traditional community drugstores, Rubicon has dedicated, highly motivated and engaged staff who work to enhance and build on the stores current market position.
Leave your business in good hands.
If you're a pharmacy owner who's considering retirement, or releasing equity from your business, we'd like to hear from you. We have a succession model that will allow you to monetize your equity.
If you're starting your career as a pharmacist, or looking for a business opportunity, we may be able to help you obtain a stake in our network.
Partners with Rubicon receive competitive compensation and benefits package, performance bonuses, and attractive returns on investment.