Business Categories
Pharmacies

MED NX Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    300 - 600 Sq.ft
  • Investment Range
    INR 30 Lakh - 50 Lakh
  • No. Of Franchise Outlets
    Less than 10

About brand - MED NX

MedNX: Revolutionizing Retail Pharmacy

MedNX is at the forefront of transforming the retail pharmacy landscape, aiming to provide a seamless healthcare experience for our customers. Our platform is designed to be a one-stop solution for all health needs, offering a diverse range of products, including allopathic, ayurvedic, and homeopathic medicines, vitamins, nutritional supplements, and other essential health-related items. Our mission is simple: to make healthcare accessible, convenient, and hassle-free.

Vision and Commitment

At MedNX, we recognize that health is a fundamental aspect of life, and accessing the right products should not be a challenge. We are committed to delivering quality healthcare solutions that cater to a wide variety of needs. Our retail pharmacy is thoughtfully curated to ensure that customers find everything they require under one roof. By prioritizing customer service and product integrity, MedNX has built a reputation as a trusted name in the pharmacy sector.

Franchise Opportunity

To further our mission and expand our reach, we are excited to invite entrepreneurs to join us as franchise partners. This is a unique opportunity to tap into a growing market while benefiting from the established MedNX brand.

Investment Overview:

  • Initial Investment: Rs. 30 lakhs - Rs. 50 lakhs
  • Franchise/Brand Fee: Rs. 1,00,000
  • Royalty/Commission: 3%
  • Expected Return on Investment (ROI): 18%
  • Payback Period: 3-5 months
  • Floor Area Requirements: 300 - 600 sq. ft.

Why Choose MedNX?

  • Established Brand Reputation: Joining MedNX means partnering with a brand that is already recognized for its quality and reliability. This helps franchisees attract customers more effectively.
  • Comprehensive Training and Support: We provide extensive training programs for our franchisees, ensuring they are well-prepared to manage their pharmacies. Ongoing support is available to assist with operations, marketing, and customer service.
  • Wide Product Range: Our diverse product offerings allow franchisees to meet a variety of customer needs, enhancing satisfaction and loyalty.
  • Effective Marketing Strategies: MedNX offers marketing assistance, providing promotional materials and strategies to help franchisees effectively reach their target audience.
  • Proven Business Model: Our retail pharmacy model is designed to optimize efficiency and profitability, giving franchisees a solid foundation for success.

Join Us in Making a Difference

By partnering with MedNX, you are not just investing in a business; you are becoming part of a movement to improve healthcare accessibility. Together, we can provide quality health products to communities, enhancing lives and promoting better health outcomes. If you’re ready to embark on a rewarding journey in the pharmacy industry, consider this franchise opportunity with MedNX. Let’s transform healthcare delivery, one pharmacy at a time!

MED NX Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2020

Franchise Commenced On 2023

Franchise Details
Units

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 100000

Royalty/Commission 3 %

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 18 %

Likely pay back period of capital for a Unit Franchise 3-5 Months

MED NX Expansion Plans

North

- NA -

South

- NA -

East

- NA -

West

Maharashtra

Central

- NA -

Union Territories

- NA -

 

MED NX Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 300 - 600 Sq.ft

MED NX Franchise Training

Detailed operating manuals for franchisees Yes

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

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

Interested in MED NX Franchise? Apply here

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