Category
  • Automotive
  • Beauty & Health
  • Business Services
  • Dealers & Distributors
  • Education
  • Fashion
  • Food And Beverage
  • Home Based Business
  • Hotel, Travel & Tourism
  • Industrial Machinery & Manufacturing
  • Retail
  • Sports & Fitness & Entertainment
Price Range
  • Rs. 10 K - 50 K
  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
  • Rs. 5lac - 10lac
  • Rs. 10lac - 20lac
  • Rs. 20lac - 30lac
  • Rs. 30lac - 50lac
  • Rs. 50lac - 1 Cr.
  • Rs. 1 Cr. - 2 Cr
  • Rs. 2 Cr. - 5 Cr
  • Rs. 5 Cr. Above
Location
  • Andhra Pardesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chandigarh
  • Chhattisgarh
  • Daman & Diu
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • Jammu & Kashmir
  • Jharkhand
  • Karnataka
  • Kerala
  • Lakshadweep
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • New Delhi
  • Orissa
  • Pondicherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Tripura
  • Uttaranchal
  • Uttar Pradesh
  • West Bengal
  • Telangana
Affordable Medicine Store

Affordable Medicine Store

Category: Pharmacies
No. of Franchise Outlets: 20-50
Area Req: Min 120 sq ft
Investment: Rs. 2lac - Rs.5lac
Business Details

Affordable Medicine Store - a retail business model that can lead you earn great ROI!

Affordable Medicine Store is a chain of generic medicines store where all essential medicines, health & beauty care products and over the counters products are sold with minimum 50% to 80% discounts. Top OTC brands are also sold with min 10% Discount.

Affordable medicine store caters to all basic requirements of medicine store which include designing, furnishing, branding, accounting, providing man power-pharmacist, licensing, billing software and inventories etc.

The store will be using ERP software in order to provide prompt information, replenishment of stocks at short notice and also catering to specific requirement of customer. The Investment covers all expenses mentioned above and no further expense has to be made.

Franchisee Profile:

  • Person with zeal to become successful as an entrepreneur
  • Person looking to start a new business with a reputed name in the industry
  • Person with entrepreneurial excellence and sound managerial skill
  • Individual ready to put full endeavours to be the leading brand name

Franchise Benefits:

  • Marketing support
  • Established brand name
  • Advertisement assistance
  • On field assistance
  • Extensive support

Grab this business model to be your own boss and achieve your dreams.

Affordable Medicine Store Team

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Affordable Medicine Store Investment Details

Commenced Dates
Date Commenced Operations
2015
Date Commenced Franchising / Distribution
2015
Franchise Details
Units
Area
Investment
Franchise/Brand Fee
Royalty/Commission
Store Wise
Rs. 2lac - 5lac
10,000
Nil
Trade Partners Detail (Dealers, Distributors, MBOs, Retailers)
Types of Channels
Investment
Margin
Area Requirement
Retailer
Rs. 2lac - 5lac
25%
120 sq ft + - Sq.Ft.
Expansion Locations
North
North, New Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttaranchal, Uttar Pradesh 
South
South, Kerala, Karnataka, Tamil Nadu, Andhra Pradesh 
East
East, Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa 
West
West, Gujarat, Rajasthan, Maharashtra, Goa 
Center
Central, Madhya Pradesh, Bihar, Jharkhand 
Union Territories
Union Territories, Andaman & Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu 
Franchise Details (Optional)
Want to expand
Nationwide
Exclusive territorial rights to a unit
Yes
Performance guarantee to unit franchisee
No
Anticipated percentage return on investment
100%
Likely pay back period of capital for a unit franchise
Six Months
Other investment requirements
No

Affordable Medicine Store Property Details

Type of property required for this franchise opportunity
Main Road
Floor area requirement
Min 120 sq ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet
Residential Hub/Govt Hospital

Affordable Medicine Store Training Details

Detailed operating manuals for franchisees
Yes
Where is franchisee training provided?
Delhi/Dehradun
Is field assistance available for franchisee?
Yes
Will someone from Head Office provides assistance to franchisee in opening the franchise?
Yes
What IT systems do you presently have that will be included in the franchise?
Yes

Affordable Medicine Store Agreement & Term Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Life time
Is the term renewable?
Yes
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