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Hotline: 1800 102 2007
Hotline : 1800 102 2007
Pharmacies

Affordable Medicine Store

Area Requirement Min 120 sq ft
Investment Size INR 2 Lac - 5 Lac
Franchise Outlets 20-50
Business Detail

Affordable Medicine Store - a retail business model that can lead you earn great ROI!

Affordable Medicine Storeis a chain of generic medicines store where all essential medicines, health beauty care products and over the counters products aresold with minimum 50% to 80% discounts. Top OTC brands arealsosold with min 10% Discount.

Affordable medicine store caters to all basic requirements of medicine store which include designing, furnishing, branding, accounting, providing man power-pharmacist, licensing, billing software and inventories etc.

The store will be using ERP software in orderto provide prompt information,replenishment of stocks at short notice and also catering to specific requirement of customer. The Investment covers all expenses mentioned above and no further expense has to be made.

Franchisee Profile:

  • Person with zeal to become successful as an entrepreneur
  • Person looking to start a new business with a reputed name in the industry
  • Person with entrepreneurial excellence and sound managerial skill
  • Individual ready to put full endeavours to be the leading brand name

Franchise Benefits:

  • Marketing support
  • Established brand name
  • Advertisement assistance
  • On field assistance
  • Extensive support

Grab this business model to be your own boss and achieve your dreams.

Affordable Medicine Store Team

Investment Detail
Commenced Operations
Operations Commenced On 2015
Franchising / Distribution Commenced On 2015
Franchise Details
UNITS
Location Store wise
Investment INR 2lakh - 5lakh
Franchise/Brand Fee INR 10,000
Royalty/Commission Nil %
TRADE PARTNERS
TRADE PARTNER - 1
TYPES OF CHANNELS Retailer
INVESTMENT (IF ANY)Rs. 2lakh - 5lakh
MARGIN / COMMISSIONS 25% %
AREA REQUIREMENT120 sq ft + - Sq.Ft. - Sq.ft
Expansion Locations
North
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
South
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
East
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West
Gujarat, Rajasthan, Maharashtra, Goa
Central
Madhya Pradesh, Bihar, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Franchise Details
Territorial rights for unit franchise Yes
Anticipated percentage return on investment 100%%
Payback Period Six Monthss
Any Other Requirements No
Property Details
Type of property required for this franchise opportunity Main Road
Area Requirement Min 120 sq ft
Preferred location of unit franchise outlet Residential Hub/Govt Hospital
TRAINING DETAILS
Detailed operating manuals for franchisees Yes
Franchisee training location Delhi/Dehradun
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

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