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Price Range
  • Rs. 10 K - 50 K
  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
  • Rs. 5lac - 10lac
  • Rs. 10lac - 20lac
  • Rs. 20lac - 30lac
  • Rs. 30lac - 50lac
  • Rs. 50lac - 1 Cr.
  • Rs. 1 Cr. - 2 Cr
  • Rs. 2 Cr. - 5 Cr
  • Rs. 5 Cr. Above
Location
  • Andhra Pardesh
  • Arunachal Pradesh
  • Assam
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  • Tripura
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  • Uttar Pradesh
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  • Telangana
SaveOnMedicals.com

SaveOnMedicals.com

Category: Clinics and nursing homes
No. of Franchise Outlets: No Outlets
Area Req: 500 - 1000 Sq.ft
Investment: Rs. 20lac - Rs. 30lac
Business Details

SaveOnMedicals is an online healthcare company having tie ups with all major hospitals in Delhi / NCR region. It facilitates video consultation with doctors of these large hospitals. It also runs an online pharmacy business and is a fast growing company with over 100,000 visitors to its site. 

SaveOnMedicals is now looking to expand to tier 2 / 3 cities with a franchise model where in the SOM centre would have video consultation rooms, a lab, a pharmacy section and counselling area. The centre would have a minimum area of 700 sqft and would be visited by doctors of leading network hospitals at on requirement basis. The centre would need an investment of 25 lacs and would give an ROI of over 40%.

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SaveOnMedicals.com Investment Details

Commenced Dates
Date Commenced Operations
2015
Date Commenced Franchising / Distribution
2015
Franchise Details
Units
Area
Investment
Franchise/Brand Fee
Royalty/Commission
Store Wise
Rs. 20lac - 30lac
5 lacs
INR 25000 pm
Expansion Locations
North
Haryana, Himachal Pradesh, Punjab, Uttar Pradesh 
South
 
East
 
West
Rajasthan 
Center
 
Union Territories
 
Franchise Details (Optional)
Want to expand
Nationwide
Exclusive territorial rights to a unit
Yes
Performance guarantee to unit franchisee
No
Anticipated percentage return on investment
40
Likely pay back period of capital for a unit franchise
1 - 3 Year
Other investment requirements
In manpower & marketing

SaveOnMedicals.com Property Details

Type of property required for this franchise opportunity
Owned
Floor area requirement
500 - 1000 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet

SaveOnMedicals.com Training Details

Detailed operating manuals for franchisees
Yes
Where is franchisee training provided?
At the location
Is field assistance available for franchisee?
Yes
Will someone from Head Office provides assistance to franchisee in opening the franchise?
Yes
What IT systems do you presently have that will be included in the franchise?
Yes

SaveOnMedicals.com Agreement & Term Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
5 years
Is the term renewable?
Yes
Apr, 27 2017

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Ajay-Gandotra
  • Investor
  • Franchisor
  • rememberMe
  • Investor
  • Franchisor
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