Business Categories
Pharmacies

Lok Aushadhi Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    120 - 200 Sq.ft
  • Investment Range
    INR 5 Lakh - 10 Lakh
  • No. Of Franchise Outlets
    Less than 10

About brand - Lok Aushadhi

Lok Aushadhi is a brand committed to making healthcare more accessible by providing cost-effective yet high-quality generic medicines to the public. Our goal is twofold to offer affordable healthcare solutions to patients while presenting a lucrative business opportunity for entrepreneurs through our franchise model.

Our Mission

Lok Aushadhi's mission is to bridge the gap between affordability and quality in the healthcare sector. We understand that access to reasonably priced medicines is a growing concern, and we aim to address this by offering generic alternatives at significantly lower prices without compromising on quality.

Key Features of Our Franchise Model

  • High-Quality Products: We offer a wide range of world-class generic medicines, which are rigorously tested to meet industry standards, ensuring they are safe and effective for patients.
  • Competitive Discounts for Patients: Lok Aushadhi provides huge discounts to customers, making essential medicines more accessible. This is a critical factor in driving customer loyalty and increasing footfall to your store.
  • Attractive Margins for Franchisees: Our business model ensures that franchise owners enjoy substantial profit margins. We are committed to ensuring that our partners benefit from a financially rewarding enterprise.
  • Transparent and Clean Business Practices: At Lok Aushadhi, we believe in maintaining the highest standards of transparency in all aspects of business. From product procurement to sales, we ensure a smooth and ethical operation.
  • Comprehensive Training and Support: We offer full training for franchisees to understand the operations of running a medical store. This includes training on inventory management, customer service, and marketing strategies. Additionally, we provide promotional materials to help you grow your customer base.

No Pharmacy Degree required
one of the unique advantages of the Lok Aushadhi franchise is that it does not require franchisees to have a diploma or degree in pharmacy. We take care of the regulatory aspect by helping you recruit a certified pharmacist to manage the medical dispensing, ensuring your store complies with all legal requirements.

Freedom to Grow
Lok Aushadhi offers franchisees the freedom to work independently while providing the necessary support to help them succeed. Our model encourages personal growth and provides opportunities for expansion as you build your business.

Investment Details

  • Investment Range: 5 to 8 lakhs
    the investment covers the costs associated with setting up and running your Lok Aushadhi store, including stock, equipment, store design, and initial operational expenses.

Why Choose Lok Aushadhi?

  • Access to a rapidly growing market for generic medicines
  • Low start up investment with high returns
  • Ongoing support in store management and marketing
  • No need for a pharmacy degree – we assist in recruiting licensed pharmacists
  • A mission-driven brand that prioritizes affordable healthcare for all

Lok Aushadhi offers a business model that not only promotes financial growth but also contributes to the betterment of society by making healthcare accessible to a wider audience.

Lok Aushadhi Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2011

Franchise Commenced On 2018

Franchise Details
Units

Investment INR 5lakh - 10lakh

Franchise/Brand Fee INR 200000

Royalty/Commission 5 %

Details

Anticipated percentage return on investment 50 %

Likely pay back period of capital for a Unit Franchise 6-11 Months

Lok Aushadhi Expansion Plans

North

- NA -

South

- NA -

East

- NA -

West

Maharashtra

Central

- NA -

Union Territories

- NA -

 

Lok Aushadhi Franchise Requirements

Type of property required for this franchise opportunity Domestic

Floor area requirement 120 - 200 Sq.ft

Preferred location of unit franchise outlet Market /Hospital /Residential

Lok Aushadhi Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location Head office

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

Lok Aushadhi 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 Lok Aushadhi 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 Lok Aushadhi franchise, you can fill up the application form provided on the website and get all the details viz. Lok Aushadhi franchise fee, Lok Aushadhi franchise cost, Lok Aushadhi apply process and more.

Interested in Lok Aushadhi Franchise? Apply here

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