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Medall - India's Largest Integrated Diagnostic Service Provider
Medall Healthcare Pvt. Ltd (MEDALL) is South India’s largest chain of medical diagnostic services provider. Medall was established with a vision to suffice the need for holistic diagnostic services, which include both Pathology tests and Radiology Imaging. With Medall, the Indian population now has increased access to first level and standardized healthcare.
Medall LCC (Lab Collection Centre) Business Model
Who can be partner?
· Potential Business Opportunity for Doctors, Pharmacist, Young Entrepreneurs & DMLT professionals
Investment Details:
· Initial Deposit / Franchise Fee – NIL
· Store Setup Cost – Rs 4.5L (Approx)
o Store Layout, Branding and Design as per the Medall specifications
o Setup cost includes Interiors & Build Out, Front glass door, Reception Desk, Phlebotomy Chair, Centrifuge, Refrigerator, IT systems & AC
Scope of Services:
Franchisee:
· Appoint qualified phlebotomist at store and ensure services are delivered at store between 7 AM to 8 PM
· Promote and develop B2C business in assigned territory and ensure agreed monthly targets are achieved
Medall:
· Provide induction & periodic training to the franchisee owner & staff
· Medall Sales person will make joint calls with franchisee owner in assigned territory to develop business
· Sample transportation from collection center to nearest processing lab and deliver reports to center as per TAT
Business Channels: Franchisee will be allowed ONLY to do B2C business in assigned territory
Revenue Share: All the lab tests segregated into 3 categories as
o Routine Tests – 45% to Franchisee
o Semi Specialized Tests – 40% to Franchisee
o Specialized Tests – 30% to Franchisee
· " As an exception for first 2 years special revenue share will be given to franchisee for TOP 50 Investigations"
Other Advantages of being franchisee of Medall:
· NABL accreditation – Medall will show Collection center also under NABL accreditation and collection centers also will get exclusive accredited certificate from NABL.
· Center will be shown in Medall Website & will be included in all digital promotions
· Special and best revenue share for all the new tests
· Clinical support / IT Support/ Infra / Operations Support from Medall
· Home Collections leads belonging to your territory will be passed on to franchisee
Location: Ideal location should be in the vicinity of
- Government Hospital / 100 Bedded Private Hospital /Around 1000+ families residence area / Medically active area with 10-15 clinics, Medical stores, local labs within 2km radius
Medall Joining Kit: Kit includes – BFA Apparatus, BP Machine, Temperature Gun & Min qty of Consumables at free of cost
BECOME A FRANCHISEE OF MEDALL AND EARN 30% TO 50% RETURNS PER ANNUM |
Operations Commenced On 2009
Franchise Commenced On 2015
Investment INR 2lac - 5lac
Franchise/Brand Fee INR 000
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 40 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
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Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
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Type of property required for this franchise opportunity Commercial
Floor area requirement 150 - 250 Sq.ft
Preferred location of unit franchise outlet Medically active with ground floor road facing.
Detailed operating manuals for franchisees Yes
Franchisee training location Chennai and Bangalore corporate 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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