Abhishek Agrivate

Area Requirement 15000 - 150000 Sq.ft
Investment Size INR 5 Lac - 10 Lac
Franchise Outlets Less than 10

Business Detail

The pharmacy retail market is segmented into organized, unorganized, and online retail based on channels.

The unorganized segment comprises local medical shop owners and it held an 88.70% market share in 2021. The organized sector consists of large players licensed to sell drugs and registered for sales and income tax.

Investment Detail

Commenced Operations

Operations Commenced On 2020

Franchising / Distribution Commenced On 2020

Franchise Details

UNITS

Location Store wise

Investment INR 5lakh - 10lakh

Franchise/Brand Fee INR 1000000

Royalty/Commission 10 %

Master / Multi Unit

Region Wise

Investment INR 5lakh - 10lakh

Unit / Brand fee INR 50000

Master / Brand fee INR 50000

Royalty/Commission 10 %

Expansion Locations

North

South

East

West

Maharashtra

Central

UNION TERRITORIES

Franchise Details

Territorial rights for unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 30%

Payback Period 3-5 Years

Any Other Requirements 10000000

Property Details

Type of property required for this franchise opportunity Domestic

Area Requirement 15000 - 150000 Sq.ft

Preferred location of unit franchise outlet Karnataka

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Hyderabad

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? Lifetime

Is term renewable? Yes