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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
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
Why Choose Lok Aushadhi?
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.
Operations Commenced On 2011
Franchise Commenced On 2018
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 200000
Royalty/Commission 5 %
Anticipated percentage return on investment 50 %
Likely pay back period of capital for a Unit Franchise 6-11 Months
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Maharashtra
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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
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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