SaveOnMedicals.com

Area Requirement 500 - 1000 Sq.ft
Investment Size INR 20 Lac - 30 Lac
Franchise Outlets No Outlets

Business Detail

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%.

Investment Detail

Commenced Operations

Operations Commenced On 2015

Franchising / Distribution Commenced On 2015

Franchise Details

UNITS

Location Store wise

Investment INR 20lakh - 30lakh

Franchise/Brand Fee INR 5 lacs

Royalty/Commission INR 25000 pm %

Expansion Locations

North

Haryana, Himachal Pradesh, Punjab, Uttar Pradesh

South

East

West

Rajasthan

Central

UNION TERRITORIES

Franchise Details

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 40%

Payback Period 1 - 3 Years

Any Other Requirements In manpower & marketing

Property Details

Type of property required for this franchise opportunity Owned

Area Requirement 500 - 1000 Sq.ft

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location At the location

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is term renewable? Yes