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  • Investment Range
    Rs. 50 K - 2lac
  • Franchise Outlets
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Business Details

MedzOne – Asia’s No.1 Medical Shop Network

INTRODUCTION

MedZone*, is India’s most trusted Chain of Pharmacy, an integral part of Ethix Health Care [www.ethix.in] 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*.

How Do We Support You (Franchise)

  • We provide the Essential Ethix Equipment
  • Assist you to obtain all necessary (GST/DL/FSSAI (trade)/ISO) license numbers.
  • We help in recruiting and continuous professional training to the staff.
  • Inventory management through 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 Industries (own manufacturing factories)
  • Mobile application to get repeat customers.
  • Compliments for doctors for advertising (prescription pads for the near-by doctors).
  • Soft copy of advertising content to promote the business in local electronic media and print media/banner/stands/stickers.
  • We give advertisements in national magazines and social media.
  • Soft copy of name board with your local address.

ETHIX ESSENTIAL EQUIPMENT (We Provide You)

Basic Stock (OTC medicines and FMCG products)*
MEDZONE billing software installed Computer
MEDZONE Mobile Application installed Samsung Phone
Air Conditioner (1.5 Ton SANSUI)
CCTV Wireless NVR WiFi IP (4 Cameras) DVR Kit, 720 P, HD
Drinking [Hot & Cool] Water Dispenser (Voltas)
Flat LED TV (32” Samsung)
Printer (EPSON) for Bills Print Out
Refrigerator (Whirlpool 190 Litter)
Water Purifier (Kent) Grand 8 Litter RO+UV+UF
WiFi Connection (Jio Fi 4G Portable Data)
We provide logo printed T-Shirts for the Staff.
Containers and brand labels to hold medicines alphabetically.

Terms & Conditions

  • Franchise fee is one time investment (Tenure-5 years) which is non-refundable and attracts no interest rates
  • Royalty fee is 3% on gross sales value
  • Franchise agreement will be renewed once in 5 years.
  • Ethix Essential Equipment and all other promotional materials will be sent on to-pay basis by cargo/transport/courier (freight charge will be paid by the franchisee).

Other Mandatory Things (Franchisee Must Buy)

  • 1.Stainless steel racks
  • 2.Name board (back light)
  • 3.Reception Table and Chairs
  • 4.Floor Mat & False ceiling
  • 5.Wall Décor (Corporate color)
  • 6.Glass door
  • 7.Table and chair according to corporate color

Required Steps to Start a Franchise

  • Step – 1 : Identifying a premises with minimum area above 130 Sq.Ft.
  • Step – 2 : Send pictures of the premises on mail.
  • Step – 3 : PreparingBlue Print of the proposed premises by an architect/civil engineer.
  • Step – 4 : Send your signed application form-A with owner’s residential proof, ID proof, and 3 stamp size photos.
  • Step – 5 : Pay Franchise fee Rs 83000+18% GST and get franchise agreement
  • 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
  • Step – 9 : Furnish the premises with essential and mandatory equipment
  • Step – 10 : Do Inauguration by informing the neighborhood in an informative and innovative manner.

    Investment Details

    Commenced Operations

    Operations Commenced On2000

    Franchising / Distribution Commenced On2015

    Franchise Details
    Units

    Area- NA -

    Investment Rs. 50 K - 2lac

    Franchise/Brand Fee 187000

    Royalty/Commission30-70%

    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

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

    South

    Andhra Pradesh, Karnataka, Kerala, Tamil Nadu

    East

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

    West

    Goa, Gujarat, Maharashtra, Rajasthan

    Central

    Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

    Union Territories

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

    Franchise Details

    Want to expandNationwide

    Exclusive territorial rights to a unit franchise No

    Performance guarantee to unit franchisee No

    Anticipated percentage return on investment - NA -

    Likely pay back period of capital for a unit franchise - NA -

    Other investment requirements - NA -

    Property Details

    Type of property required for this franchise opportunity - NA -

    Floor area requirement - NA -

    Preferred location of unit franchise outlet - NA -

    Training Details

    Detailed operating manuals for franchisees Yes

    Franchisee training location No

    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? No

    How long is the franchise term for? Year

    Is the term renewable? Yes

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