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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% |
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:
Terms & Conditions:
We continuously help in man Management:
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
Wi-Fi 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
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 neighbourhood in an informative and innovative manner.
Operations Commenced On 2000
Franchise Commenced On 2015
Investment INR 2lakh - 5lakh
Franchise/Brand Fee INR 83000
Royalty/Commission 1 %
Anticipated percentage return on investment 15 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Delhi, Haryana, Himachal Pradesh, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Domestic
Floor area requirement 130 - 200 Sq.ft
Preferred location of unit franchise outlet PAN INDIA
Detailed operating manuals for franchisees Yes
Franchisee training location Head office
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
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.
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