As part of the deal Chemist Warehouse would receive a 10.7 per cent stake in Sigma when the contract starts on 1 July 2024.

[19] Chemist Warehouse uses a complex franchise structure to circumvent Australian regulations that limit how many pharmacies a company can operate in any one area.

The business model used by Chemist Warehouse is thought to involve minimal equity investment by individual pharmacists who agree to the trading terms enforced across the group.

Individual pharmacists working under the Chemist Warehouse umbrella benefit from the bulk purchasing power that comes with being part of the company.

[21] Unlike traditional pharmacies, Chemist Warehouse generates most of its sales from non-prescription products such as vitamins, fragrances, cosmetics and baby formula.

[29][30] The Pharmacy Guild of Australia and pharmacists' union have criticised the company, stating its approach threatens both healthcare standards and employment conditions in the industry.

[36] Jack Gance and his wife own a mansion in the Melbourne suburb of Toorak,[37] as does his brother Sam, who is married to reality television star Janet Roach.

[38] Verrocchi and his wife Fiona own the historic Morning Star Estate on the Mornington Peninsula south of Melbourne.