The pharmacy retail market is segmented into organized, unorganized, and online retail based on channels.
The unorganized segment comprises local medical shop owners and it held an 88.70% market share in 2021. The organized sector consists of large players licensed to sell drugs and registered for sales and income tax.
Operations Commenced On 2020
Franchise Commenced On 2020
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 1000000
Royalty/Commission 10 %
Region Wise
Investment INR 5lakh - 10lakh
Unit Fee INR 50000
Master Fee INR 50000
Commission 10 %
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 30 %
Likely pay back period of capital for a Unit Franchise 3-5 Years
Other investment requirements 10000000
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Maharashtra
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Type of property required for this franchise opportunity Domestic
Floor area requirement 15000 - 150000 Sq.ft
Preferred location of unit franchise outlet Karnataka
Detailed operating manuals for franchisees Yes
Franchisee training location Hyderabad
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? Lifetime
Is the term renewable? Yes
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