Genmart Generic Pvt. Ltd.

Area Requirement -N/A-
Investment Size INR 20 Lac - 30 Lac
Franchise Outlets Less than 10

Business Detail

About Us:

GenMart was established in 2018 by GenMart Genric Pvt. Ltd., GenMart is a one stop shop pharmacy for prescribed drugs as well as other healthcare and wellness requirements. Genmart envisions passing the benefits of low marketing costs associated with generic pharmaceutical products to the last leg of the consumer shop.

Investment Detail

Commenced Operations

Operations Commenced On 2017

Franchising / Distribution Commenced On 2019

Franchise Details

UNITS

Location Store wise

Investment INR 20lakh - 30lakh

Franchise/Brand Fee INR 500000

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Franchise Details

Territorial rights for unit franchise Yes

Payback Period 1-6 Years

Property Details

Type of property required for this franchise opportunity Commercial

Preferred location of unit franchise outlet Will be selected as per the area

TRAINING DETAILS

Franchisee training location At one of the Genmart store

Is field assistance available for franchisee ? Yes

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

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 4 Years

Is term renewable? Yes