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Melrose Trading Company Private Ltd

health-care

No. of Franchise Outlets : 135

Business Details

Medicine Shoppe ® is the largest and one of the most trusted name in medicine business all over the world with over 1400 pharmacies. Medicine Shoppe®, India (Master Licensee for India- M/s. Melrose Trading Company Private Ltd) is the global arm of Medicine Shoppe® International, Inc., St Louis, U.S.A. which is a wholly-owned subsidiary of Cardinal Health, Inc., ranked 17th on the fortune 500 list with an annual billing of US $ 75 Billion.

Investment Details

Date Commenced Operations : 1998
Date Commenced Frachising / Distribution : 2001
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 5lac - Rs. 10lac
What areas are available for Unit franchise? : Nationwide
Where are you looking for expansion?    
North West East South Center Union Territories
    New Delhi
    Haryana
    Punjab
    Gujarat
    Rajasthan
    Maharashtra
    Goa

    West Bengal
    Kerala
    Karnataka
    Orissa
    Tamil Nadu
    Chhattisgarh
    Madhya Pradesh

    Chandigarh
How much working capital is required in franchise addition to this : 5,00,000
Is there exclusive territorial rights
given to a unit franchise?		 : Yes
Are any performance guarantees
given to unit franchisees?		 : No
What is the anticipated percentage return on investment? : 20-25% in the 1st year
What is the likely pay back period of capital for a unit franchise? : 2&1/2 years
Are there other investment
requirements?		 : 500000

Property Details

What type of property is required for this franchise opportunity? : Residential/commercial area
Floor area requirement : 250 to 500 . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit
franchised outlet:?		 : Residential/commercial area

Training

Do you currently have detailed Operating Manuals for
franchisees?		 : Yes
Where is the franchisee training done? :
Is field assistance available for franchisees? : Yes
Will someone from Head Office assist me when I open my
franchise?		 : Yes
What IT systems do you presently have that will be included in the franchise? :

Other Details

Do you have a standard
Franchise Agreement?		 : Yes
How long is the franchise term for? : 5
Is the term renewable? : Yes

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