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Lupin Diagnostics Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    150 - 250 Sq.ft
  • Investment Range
    INR 50 K - 2 Lakh
  • No. Of Franchise Outlets
    500-1000

About brand - Lupin Diagnostics

Lupin Diagnostics Franchise Opportunity

Lupin Diagnostics, part of the renowned Lupin Healthcare Ltd, is a leader in the healthcare industry, offering a wide range of diagnostic services across India. As a subsidiary of Lupin Limited, a global pharmaceutical giant headquartered in Mumbai, Lupin Diagnostics is poised for significant growth, making it an exciting opportunity for investors and entrepreneurs interested in the healthcare sector.

The company operates a state-of-the-art National Reference Laboratory (NRL) in Navi Mumbai, covering an extensive array of diagnostics services, preventive health check-ups, and a broad test menu. The operational model of Lupin Diagnostics is built around a hub-and-spoke system, where the central lab serves as the hub and the collection centers function as spokes, providing essential diagnostic services at various locations.

Lupin Diagnostics is now inviting franchise partners (LupiMitra) to join their expanding network, offering a chance to grow together and contribute to the health and wellness sector. The company is open to doctors, pharmacists, DMLT professionals, healthcare professionals, and entrepreneurs who share a passion for quality healthcare services.

Features and Benefits for Franchisees:

  • No Security Deposit: A significant advantage for franchisees, reducing the initial financial burden.
  • Theme-based Collection Centres: Create a unique and consistent brand experience for customers.
  • Lucrative Incentive Scheme: Industry-first incentive structure designed to reward and motivate franchisees.
  • Strong Prescriber Network: Access to a vast network of doctors and healthcare professionals who can drive business.
  • Smart Reports for Consumers: Provide advanced reporting for customers on select tests, adding value to the service.
  • Direct Access to LIMS: Franchisees get direct access to the Laboratory Information Management System, ensuring smooth operations and accurate results.
  • Support for Organizing Free Camps and RWA Activities: Assistance in promoting the brand through local community engagement.
  • Communication Support via SMS/WhatsApp: Boosts customer engagement with timely updates and offers.
  • NABL Application Within 12 Months: Work towards acquiring NABL accreditation, ensuring high-quality standards for your diagnostic center.
  • Free Home Collection Above a Stipulated Amount: Attract more customers with convenient home collection services.
  • Logistics with Temperature Control and Real-Time Monitoring: Industry-first system to ensure the safe transportation of samples.
  • Individual Sample Collection Kit: Provides franchisees with a ready-to-use kit for efficient sample collection.
  • Additional Revenue from OTC Products: Opportunity to sell over-the-counter healthcare products, generating extra income.

Franchise Investment Details:

  • Initial Investment: Rs. 50,000 - Rs. 2 lakh
  • Franchise / Brand Fee: Rs. 0 (no franchise fee)
  • Royalty / Commission: 0% (no ongoing royalty)
  • Return on Investment (ROI): 0% (no fixed ROI guarantee, but the potential for strong growth and profitability through services)
  • Payback Period: 1-2 years
  • Floor Area Requirements: 150 - 250 sq. ft.

Why Choose Lupin Diagnostics?

  • Low Initial Investment: With an investment ranging from Rs. 50,000 to Rs. 2 lakh, it is an affordable entry into the healthcare sector.
  • No Ongoing Royalties: The franchise model does not require any royalty payments, allowing franchisees to retain a larger share of profits.
  • Rapid Payback Period: The estimated payback period of just 1-2 years provides a quick return on the initial investment.
  • Comprehensive Support: Franchisees benefit from extensive training, marketing support, and operational guidance, including a smart logistics system and direct access to laboratory management systems.
  • Growing Healthcare Sector: With the increasing demand for diagnostic services and preventive healthcare, this franchise opportunity is well-positioned for growth in a thriving industry.

Lupin Diagnostics offers a compelling franchise opportunity with minimal financial risk and excellent growth potential. The company's innovative business model, coupled with strong support and the chance to be part of a renowned healthcare brand, makes it a great investment for entrepreneurs looking to tap into the booming diagnostics and healthcare market.

Lupin Diagnostics Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2021

Franchise Commenced On 2021

Franchise Details
Units

Investment INR 50000 - 2lakh

Franchise/Brand Fee INR 000

Details

Anticipated percentage return on investment 90 %

Likely pay back period of capital for a Unit Franchise 1-2 Years

Lupin Diagnostics Expansion Plans

North

Uttar Pradesh

South

Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

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

West

Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

- NA -

 

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Lupin Diagnostics Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 150 - 250 Sq.ft

Preferred location of unit franchise outlet Ground Floor only

Lupin Diagnostics Franchise Training

Detailed operating manuals for franchisees Yes

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

Lupin Diagnostics Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get Lupin Diagnostics Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get information about Lupin Diagnostics franchise, you can fill up the application form provided on the website and get all the details viz. Lupin Diagnostics franchise fee, Lupin Diagnostics franchise cost, Lupin Diagnostics apply process and more.

Interested in Lupin Diagnostics Franchise? Apply here

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