About Us:
GenMart was established in 2018 by GenMart Genric Pvt. Ltd., GenMart is a one stop shop pharmacy for prescribed drugs as well as other healthcare and wellness requirements. Genmart envisions passing the benefits of low marketing costs associated with generic pharmaceutical products to the last leg of the consumer shop.
Operations Commenced On 2017
Franchise Commenced On 2019
Investment INR 20lakh - 30lakh
Franchise/Brand Fee INR 500000
Exclusive territorial rights to a unit franchisee Yes
Likely pay back period of capital for a Unit Franchise 1-6 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
- NA -
Type of property required for this franchise opportunity Commercial
Preferred location of unit franchise outlet Will be selected as per the area
Franchisee training location At one of the Genmart store
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 4 Years
Is the term renewable? Yes
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