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SaveOnMedicals.com

  • Area Req
    500 - 1000 Sq.ft
  • Investment Range
    Rs. 20lac - 30lac
  • Franchise Outlets
    No Outlets
Business Details

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 Details

Commenced Operations

Operations Commenced On2015

Franchising / Distribution Commenced On2015

Franchise Details
Units

Area500 - 1000 Sq.ft

Investment Rs. 20lac - 30lac

Franchise/Brand Fee 5 lacs

Royalty/CommissionINR 25000 pm

Master / Multi Units

Region Wise

Investment Rs. 10000 - 50 K

Unit Fee - NA -

Master Fee - NA -

Commission - NA -

State Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

City Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

Expansion Locations
North

Haryana, Himachal Pradesh, Punjab, Uttar Pradesh

South

- NA -

East

- NA -

West

Rajasthan

Central

- NA -

Union Territories

- NA -

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 40

Likely pay back period of capital for a unit franchise 1 - 3 Year

Other investment requirements In manpower & marketing

Property Details

Type of property required for this franchise opportunity Owned

Floor area requirement 500 - 1000 Sq.ft

Preferred location of unit franchise outlet - NA -

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 Year

Is the term renewable? Yes

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