Business Categories

Millennium Special Lab Pvt.Ltd.

Pathological Labs
  • Area Req
    150 - 500 Sq.ft
  • Investment Size
    INR 50 Lac - 1 Cr
  • No. Of Franchise Outlets
    10-20
Business Details

Millennium Path Lab

 

Millennium Path Lab is India’s Most advanced, fully automated laboratory with it’s strong presence in Maharashtra. Millennium Path lab is India’s one of the oldest diagnostic laboratory having it’s focus on Quality , affordable cost, accreditation and accuracy of reports. Laboratory was established in the year 1979 at  Thane, Maharashtra and soon became first laboratory to achieve NABL accreditation. Popularity of the lab began to increase within hospitals , many other labs and patients due its excellence in meeting and service to patients.

With the modest aim of fulfilling pathology needs and understanding various demands ,  laboratory has come up with the brand as “Millennium Path Lab”.

Millennium Path Lab operates with a centralized processing unit in Mumbai (India) and look forward to enhance it’s network through regional processing labs and collection centers in major metro cities of India. Millennium’s focus is to create laboratory network with strong IT structure , world class technologies , aggressive branding and an affordable cost.

Considering “Quality” as a back bone of lab management, Millennium Path Lab became one of the first lab to achieve NABL accreditation in the year 2005 as a laboratory gold standard. Further more feathers like CAP Accreditation  and ICMR approval for COVID19 testing were added in its hat strengthening credibility of laboratory.

Our passion for accuracy and quality enabled us to create 5000 Sq. Ft. of laboratory floor with state-of-the-art instruments, 24x7 operational unit, professional logistic support, completely IT driven operations to ensure error free processing. Barcoded , bi-directional  interfacing ensures minimum turn around time from sample receipt to report out.

Stringently monitored operations, trained & qualified staff and world class instruments has ensures “Millennium Path Lab” to provide best diagnostic services to its associated, hospitals, labs and doctors. We look forward to extend our lab services through franchisee network offering franchisee for “Collection center” and “Regional satellite laboratory”.

 

Our Strengths :

-        IT driven franchisee operations.

-        Logistics network support / Air cargo.

-        World class state -of the -art instruments

-        NABL Accreditation

-        CRM support through call center.

-        Unique home visit lead management system.

-        Preventive care health packages at attractive discounts.

-        Barcoded system

-        Separate support officer for individual pin code

-        Tollfree number for 24x7 communication support.

-         Best B2B rates with maximum discounts especially for camps.

Investment Details

Commenced Operations

Operations Commenced On 1979

Franchise Commenced On 2015

Franchise Details
Units

Investment INR 50lac - 1 Cr.

Franchise/Brand Fee INR 100000

Royalty/Commission 2 %

Expansion Locations
North

Delhi

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

West Bengal

West

Rajasthan, Maharashtra, Goa

Central

Madhya Pradesh, Bihar, Jharkhand

Union Territories

Chandigarh

Franchise Details

Anticipated percentage return on investment 40 %

Likely pay back period of capital for a Unit Franchise 0-0 Months

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 150 - 500 Sq.ft

Training Details

Franchisee training location Thane

Current IT systems will be included in the franchise Yes

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 2 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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