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MEDZONE (A Division of Ethix Group of Companies)

Healthcare Products
  • Area Req
    130 - 200 Sq.ft
  • Investment Size
    INR 2 Lac - 5 Lac
  • Franchise Outlets
    20-50
Business Details

About Us:

MedZone – Asia’s No.1 Medical Shop Network

 

Investment

Brand fee

Space

Staff

Expected Monthly sale

Profit Margin

Royalty/Commission

Medzone

3-5 Lacs

83,000

130

2

3 Lacs

30-35%

1%

About Us:

MedZone, is India’s most trusted chain of pharmacy, an integral part of Ethix Health Care a conglomerate company serving the medical fraternity for over 2 decades, driven by highly educated and well experienced passionate pharmaceutical professionals. If your goal is to work independently as a boss and have a strong zeal to succeed, MedZone provides the ideal opportunity to reach your goal. It requires your sincere hard work to implement our business strategies. MedZone pharmacy is the perfect destination for over 1000s of customers daily for all their medicines need, across India. MedZone franchise business model, supports you with monopoly right, equity ownership, autonomy, management of your own business and long lasting relationship with your customers, which forms the base for a profitable service industry in your preferred location.

Market Potential:

Indian Pharmaceutical market increased at a CAGR of 17.46% in 2015 from US $ 6 billion and is expected to touch US $ 55 billion by 2020.

Our Vision:

Our vision is to provide Top Quality Medicines at an affordable MRP.

Our Mission:

Our mission is to ensure high profit (ROI) for all our franchise partners and adding a strong foundation of trust in every movement at MedZone, which motivates our franchise to deliver their best and this trust reflects on every customer’s smile at MedZone.We Support our Franchise Customer :

• All basic stock from our own factories with 65% discount on its MRP.

• We provide Medzone billing software with mobile application

• We assist to buy all the Important Equipment

• We help to obtain all necessary (GST/DL/FSSAI (trade)/ISO) license numbers.

• Franchisee Authorization (framed) Certificate

• Franchisee (performance based) Achievement Award

• We help in recruiting and continuous professional training to the staff.

• Inventory management through our billing software.

• We equip you with latest sales promotional tools and marketing strategies.

• Guide to compile sales tax/income tax/audited balance sheet by a chartered accountant.

• Value added FMCG products like food supplements, Ayurvedic products will be provided from Ethix

• Compliments for doctors for advertising (prescription pads for the near-by doctors), our brands.

• Soft copy of advertising content to promote the business in local electronic media (Cable TV) and print media/banner/stands/stickers/(No – Parking) Board.

• We give advertisements in national magazines and social media (Facebook, Twitter, Whatsapp, etc.,).

• We provide logo printed t-shirts for the staffs to conduct campaign sales

• We give containers and brand labels to hold medicines alphabetically

• Soft copy of name board with your local address.

Terms & Conditions:

Royalty fee is 1% on gross sales value

• Franchise agreement will be renewed once in 5 years & Renewal fee Rs.3500

• All promotional materials will be sent on to-pay basis by cargo / transport / courier

• Franchise fee is one time investment (Tenure-5 years) which is non-refundable and attracts no interest rates

We Continuously help in man Management :

Recruiting Accountant, Salesman, Telecaller, Business competent Staff (Pharmacists)

• Provide continuous training for the staff to improve business

• Taking care of license renewal and submission of records to the concerned govt. department before its stipulated date.

 

We will help you to procure the below mentioned Things with top quality at the most economical price by using our (Bulk) purchase influence.

 

Stainless steel / Wooden / Glass racks

Name board with back light (Company norms)

Computer and printer(Epson) for billing

Card swipe machine (Axis Bank)

Interiors and Furnishings

Air conditioner

CCTV Wireless

Drinking water dispenser

LED TV

Refrigerator

WiFi connection

Required Steps to Start our Franchise Business:

Step – 1 : Identifying a premises with minimum area of above 130 Sq.Ft.

Step – 2 : Send pictures of the premises to our (Whatsapp).

Step – 3 : Send your signed application form with residential proof, PAN, Aadhaar & ID proof to us

Step – 4 : Pay fee amount Rs 83,000+18% GST and get franchise agreement

Step – 5 : Preparing Blue Print of the proposed premises by civil engineer, if needed by any govt. deptt.

Step – 6 : Send the Rental agreement copy to our Chennai address/Email.

Step – 7 : Interview/shortlist/appoint/train all staff.

Step – 8 : Apply for all necessary (GST/FSSAI/ISO/DL) license numbers (We Assist)

Step – 9 : Furnish the premises with Important equipment and PC with billing software.

Step – 10 : Do Inauguration by informing the neighborhood in an informative and innovative manner.

Investment Details

Commenced Operations

Operations Commenced On 2000

Franchising / Distribution Commenced On 2015

Franchise Details
Units

Investment INR 2lac - 5lac

Franchise/Brand Fee INR 83000

Royalty/Commission 1 %

Expansion Locations
North

Delhi, Haryana, Himachal Pradesh, 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

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Anticipated percentage return on investment 15 %

Likely pay back period of capital for a unit franchise 0- Months

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 130 - 200 Sq.ft

Training Details

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

Agreement & Term Details

How long is the franchise term for? 5 Years

Is the term renewable? Yes

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