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Lucid Medical Diagnositcs Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    250 - 500 Sq.ft
  • Investment Range
    INR 5 Lakh - 10 Lakh
  • No. Of Franchise Outlets
    50-100

About brand - Lucid Medical Diagnositcs

Founded in 2006, Lucid Medical Diagnostics has pioneered a paradigm shift in the realm of medical diagnostic services in India. With a steadfast commitment to innovation and excellence, we have established 50+ centers across the nation. Our mission is to provide comprehensive, compassionate, and cutting-edge diagnostic solutions that resonate with the words of Hippocrates, “Health is the greatest of human blessings”.

Our journey has been marked by continuous evolution and advancement. We’ve not only redefined diagnostic services but also increased their significance in the contemporary healthcare landscape. Empowered by state-of-the-art infrastructure and a dedicated team, we’ve set new standards for patient care.

In the dynamic 21st-century healthcare sector, our focus remains on personalised patient outcomes. With extensive experience in diagnostic services and a team of specialised professionals, we are committed to delivering accurate and timely results. Collaborations with distinguished healthcare experts, cutting-edge technology partners, and a panel of subspecialized radiologists and pathologists reinforce our dedication to excellence. As we expand and innovate, our goal of healthcare excellence remains an unchanging beacon.

Future Vision and Expansion

Looking ahead, Lucid Medical Diagnostics is set to continue its expansion, not just in terms of geographic reach but also in service offerings. The growing number of centers across India reflects the increasing trust that patients and healthcare providers place in the organization. Lucid's commitment to expanding its footprint ensures that more individuals across India will have access to its high-quality diagnostic services, no matter where they are located.

Additionally, Lucid plans to further innovate in terms of service delivery. As healthcare becomes more digitized, the company may look to integrate telemedicine, online consultations, and digital reports, making it even more convenient for patients to access the services they need.

A Vision of Healthcare Excellence

Lucid Medical Diagnostics stands at the forefront of a new era in healthcare, where diagnostic services are seen as more than just a preliminary phase but as a critical aspect of personalized care. Their mission remains steadfast in delivering quality, accurate, and compassionate diagnostic services while consistently embracing innovation and advanced technology. With a growing network of centers, an expert team, and a clear vision for the future, Lucid is poised to continue making a profound impact on the healthcare landscape in India and beyond.

Lucid Medical Diagnostics has built a robust and sustainable model that could potentially be extended through franchising, allowing entrepreneurs to invest in the growing field of healthcare diagnostics while benefiting from the brand’s established reputation, cutting-edge infrastructure, and patient-centric services. Here’s how a potential Lucid Medical Diagnostics Franchise could work:

Why Choose Lucid Medical Diagnostics Franchise?

  • Proven Brand Success: With over 50 centers across India, Lucid Medical Diagnostics has established itself as a trusted name in the diagnostic sector. The brand’s commitment to excellence, quality, and innovation resonates strongly with consumers, creating a strong foundation for franchisees to build upon.
  • Comprehensive Support: Franchisees benefit from the brand’s established business model, ensuring they are equipped with all the tools needed for success. This includes:
  • Training & Onboarding: Intensive training programs for both franchise owners and their teams, ensuring they understand the technical, operational, and customer service aspects of the business.
  • Operational Support: Ongoing guidance in running day-to-day operations, maintaining quality standards, and leveraging the latest technologies.
  • Marketing & Brand Recognition: Access to Lucid’s established marketing materials and strategies, with the advantage of a recognized brand that people trust.
  • Cutting-Edge Technology: Lucid Medical Diagnostics is known for its use of state-of-the-art technology in diagnostics. Franchisees gain access to the latest diagnostic equipment, software, and AI-powered tools, ensuring they are on par with industry standards and able to deliver the most accurate results.
  • Comprehensive Service Offering: Lucid offers a wide range of diagnostic services including radiology, pathology, and specialized testing, ensuring franchisees can offer a comprehensive suite of services to meet local healthcare needs. This diversity enables a broad customer base and revenue streams.
  • Personalized Patient Care Focus: As a franchisee, you would inherit the commitment to personalized care that Lucid is known for. This creates a unique selling point in the competitive healthcare diagnostics market, as patient-centric approaches are highly valued by consumers.

Key Features of the Franchise Opportunity

  • Revenue Streams: Franchisees will have multiple revenue streams through diagnostic testing services, including routine tests, specialized screenings, imaging, pathology, and more. Given the increasing demand for healthcare services in India, diagnostic centers have a solid potential for consistent revenue.
  • Support for Growth: Lucid’s franchise model emphasizes long-term growth, not just a one-time investment. The company offers support in expanding your offerings, increasing your geographic footprint, and establishing partnerships with local healthcare providers to build a sustainable business.
  • Site Selection & Layout: Lucid’s experienced team can assist franchisees in identifying the ideal location for their diagnostic centers. With guidance on the center’s layout, patient flow, and facility design, franchisees will have a setup that maximizes operational efficiency.
  • Exclusive Territory: Depending on the franchise agreement, franchisees may be given an exclusive territory, ensuring no direct competition within a set area and giving them a chance to build a strong local presence.

Lucid Medical Diagnositcs Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2006

Franchise Commenced On 2008

Franchise Details
Units

Investment INR 5lakh - 10lakh

Franchise/Brand Fee INR 200000

Details

Anticipated percentage return on investment 30 %

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

Lucid Medical Diagnositcs Expansion Plans

North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh

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

- NA -

 

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Lucid Medical Diagnositcs Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 250 - 500 Sq.ft

Preferred location of unit franchise outlet PAN INDIA

Lucid Medical Diagnositcs Franchise Training

Franchisee training location Head office

Lucid Medical Diagnositcs Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 10 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 Lucid Medical Diagnositcs 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 Lucid Medical Diagnositcs franchise, you can fill up the application form provided on the website and get all the details viz. Lucid Medical Diagnositcs franchise fee, Lucid Medical Diagnositcs franchise cost, Lucid Medical Diagnositcs apply process and more.

Interested in Lucid Medical Diagnositcs Franchise? Apply here

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