Pathological Labs CENTRAL LAB Franchise Cost – How to get, Contact, Apply, Fee

Central Lab, a pioneer in specialized diagnostic services based in Bangalore, has transformed the medical testing landscape by addressing gaps in the local market. Prior to its inception, numerous lab investigations were outsourced to Mumbai, leading to delays, miscommunication, and inefficiencies. Central Lab's commitment to providing specialized tests in areas such as hormones, cancer screening, metabolism, and more has filled this void. The lab has gained a reputation for offering advanced and niche blood tests, such as thyroid function, infertility, cancer markers, metabolic disorders, and immunology, often providing daily reporting for these tests. This dedication has positioned Central Lab as the go-to destination for both routine and highly specialized diagnostic services in Bangalore.

The lab's focus on delivering timely, accurate results has made it an essential service for various segments of society, including individuals, medical institutions, corporate clients, and research organizations. It has pioneered the trend of daily reporting for advanced blood tests and continues to lead the way with its high-quality, globally recognized services. Central Lab offers a customer-centric approach, ensuring that each client receives personalized attention, while maintaining a stringent Quality Assurance Program that aligns with international standards.

As part of its expansion plan, Central Lab offers an exciting franchise opportunity for entrepreneurs to tap into the growing demand for specialized diagnostic services. The franchise model provides a lucrative avenue for investors to be part of a trusted and innovative healthcare brand with strong growth potential.

Franchise Details:

• Franchise Cost: Rs. 50,000 - Rs. 2,00,000
• Franchise/Brand Fee: Rs. 50,000
• Royalty/Commission Percentage: 30%
• Expected Return on Investment (ROI): 45%
• Payback Period for Capital Investment: 1-2 years
• Additional Investment Requirements: Rs. 3,00,000 - Rs. 5,00,000
• Floor Area Requirements: 300 - 1,000 Sq. Ft.

Key Features:

• Affordable Franchise Cost: The initial franchise cost ranges between Rs. 50,000 and Rs. 2,00,000, offering an accessible entry point for entrepreneurs interested in the diagnostic services sector.
• Brand Fee: A one-time franchise/brand fee of Rs. 50,000 provides franchisees access to the established Central Lab brand, its services, and operational model.
• Royalty/Commission: The franchise agreement includes a royalty fee of 30% of the franchisee’s revenue, contributing to ongoing support, research, and marketing efforts by the brand.
• Return on Investment (ROI): Central Lab offers a solid ROI of 45%, reflecting the high demand for its specialized services and its potential for profitability.
• Payback Period: The expected payback period for the initial capital investment is 1-2 years, making it a relatively quick and rewarding business opportunity.
• Additional Investment: Beyond the franchise cost, franchisees are required to make an additional investment of Rs. 3,00,000 - Rs. 5,00,000, covering aspects like equipment, interior setup, staff recruitment, and initial working capital.
• Floor Area Requirements: The franchise outlet requires a floor space of 300 - 1,000 square feet, making it suitable for both small and medium-sized setups depending on the location.
• Support and Training: Central Lab offers comprehensive training and support to franchisees, ensuring they can operate efficiently and meet the quality standards associated with the brand.
• Relevance to All Sections of Society: With services that cater to general citizens, medical institutions, corporate clients, and research organizations, Central Lab has broad relevance and appeal, ensuring a steady demand for its services.

Central Lab offers a valuable franchise opportunity in the diagnostic services sector, with its specialization in advanced blood tests and a customer-focused approach to care. With minimal investment and the absence of any significant competition in niche diagnostics, this franchise offers strong growth potential, high returns, and quick payback. Investors can join a trusted and innovative healthcare brand, benefiting from its reputation and expertise while making a meaningful impact on the healthcare industry.