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Dava Discount

Pharmacies Dava Discount Franchise Cost – How to get, Contact, Apply, Fee

  • Dava Discount
  • Dava Discount
  • Dava Discount
  • 200 - 250 Sq.ft
    Area Req
  • INR 10 Lakh - 20 Lakh
    Investment Size
  • 100-200
    No. Of Franchise Outlets
  • 2015
    Establishment Year

About brand - Dava Discount

Dava Discount, a division of Rajnish Wellness Limited (a BSE-listed company), is focused on providing affordable and accessible healthcare by offering branded medicines at a 25% discount off the Manufacturer's Retail Price (MRP). This initiative seeks to address the rising costs of healthcare, which can make it difficult for certain segments of the population to access the medications they need, sometimes with serious or fatal consequences.

The core mission of Dava Discount goes beyond just offering discounted medicines; it's driven by a strong social cause: ensuring that essential healthcare is within reach for everyone, regardless of their financial situation. With the increasing cost of pharmaceuticals, many people are left without the ability to afford even basic treatments, leading to potential health risks or worsening of medical conditions. Dava Discount aims to counteract this challenge by offering quality branded medicines at an affordable price, ensuring that cost is not a barrier to good health.

The company is continuously working to expand its network, ensuring that it reaches a larger audience and serves more communities across the region. In doing so, Dava Discount hopes to become a significant player in the online pharmacy space, offering the best prices in the industry while promoting customer satisfaction. The company’s goal is not only to drive sales but also to create positive social impact, making sure that every individual, regardless of their socioeconomic status, can access the necessary medicines for their well-being.

Dava Discount is expanding its reach through a franchise model, aiming to extend its mission of providing affordable healthcare to more regions and communities. By partnering with franchisees, Dava Discount seeks to build a network of local stores or online platforms that deliver branded medicines at a 25% discount off MRP, making healthcare more accessible.

Key Features of the Dava Discount Franchise:

  • Affordable Healthcare Focus: The franchise model is centered around offering quality branded medicines at a flat 25% discount, ensuring that customers have access to life-saving medications at an affordable price.
  • Strong Brand Backing: As a division of Rajnish Wellness Limited, a BSE-listed company, Dava Discount benefits from the credibility and established reputation of a trusted parent organization, providing a strong foundation for franchisees.
  • Social Cause-Oriented Business: The franchise model is not just about business; it's a social initiative that aims to make healthcare affordable, especially for economically vulnerable sections of society. Franchisees will be contributing to a significant social cause.
  • Online Pharmacy Expansion: While traditional brick-and-mortar stores are part of the model, Dava Discount is also focusing on expanding its online presence, allowing franchisees to cater to a wider market through e-commerce platforms.
  • Low Investment, High Returns: The franchise model is designed to be profitable with lower operational costs. With the increasing demand for affordable healthcare, franchisees can expect a competitive edge in the market.
  • Ongoing Support: Dava Discount provides comprehensive support to its franchisees, including training, marketing, supply chain management, and customer service strategies. Franchisees will be equipped with the tools to succeed in the highly competitive online pharmacy market.
  • Network Growth and Brand Expansion: As the network grows, franchisees can tap into a larger customer base, benefiting from the brand’s expansion and customer loyalty built around trust and affordability.

Benefits for Franchisees:

  • Social Impact: Franchisees contribute to the well-being of the community by making essential medicines more affordable.
  • Exclusive Pricing Model: The 25% discount on branded medicines offers a competitive advantage.
  • Business Flexibility: Franchisees can opt for physical stores, online platforms, or a hybrid model to suit their location and business strategy.
  • Proven Business Model: The backing of Rajnish Wellness Limited ensures a solid and scalable business structure.

Dava Discount Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2015

Franchise Commenced On 2020

Franchise Details
Units

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR 295000

Royalty/Commission 8 %

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 71 %

Likely pay back period of capital for a Unit Franchise 1-3 Years

Dava Discount Expansion Plans

North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

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

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

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

 

Tags: Beauty & Health Business Franchise in Delhi   |   Beauty & Health Business Franchise in Haryana   |   Beauty & Health Business Franchise in Himachal Pradesh   |   Beauty & Health Business Franchise in Jammu and Kashmir   |   Beauty & Health Business Franchise in Punjab   |   Show more...

Dava Discount Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 200 - 250 Sq.ft

Preferred location of unit franchise outlet PAN INDIA

Dava Discount Franchise Training

Franchisee training location Head office

Dava Discount Franchise Agreement Details

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.

How to get Dava Discount Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get information about Dava Discount franchise, you can fill up the application form provided on the website and get all the details viz. Dava Discount franchise fee, Dava Discount franchise cost, Dava Discount apply process and more.

Interested in Dava Discount Franchise? Apply here

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