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MyGetWellStore (MGWS), a unit of Bajaj Life Care, stands at the forefront of this revolution, particularly in the realm of home patient care. Based in Nagpur, Maharashtra, MGWS offers a wide range of medical and wellness products aimed at improving the quality of life for patients at home. This comprehensive overview will explore MGWS's offerings, mission, vision, business model, and its impact on the healthcare industry.
At MGWS, the focus is on providing a variety of products that cater to the needs of patients requiring home care. The store offers everything from wheelchairs and commode chairs to oxygen concentrators and nebulizers. This extensive product range ensures that customers have access to essential healthcare tools without the need to venture out, thus enhancing convenience and accessibility.
Mission and Vision
MGWS operates with a clear mission: to make home patient care services more accessible and affordable through the power of the internet. The organization aims to:
Business Model
MGWS employs a "Brick & Click" business model, combining traditional retail with online sales. This hybrid approach allows the company to reach a broader audience and cater to diverse consumer preferences.
Objectives for the Future
MGWS has set ambitious objectives for the next five years, aimed at solidifying its position as a market leader in home patient care equipment:
Customer-Centric Approach
A significant aspect of MGWS's philosophy is its commitment to customer service. The organization understands that purchasing medical equipment can be a daunting experience for many. Therefore, MGWS provides:
Community Impact
Beyond business, MGWS is dedicated to positively impacting the community. The company participates in health awareness campaigns and collaborates with local organizations to promote health education. By increasing awareness of home healthcare options, MGWS contributes to reducing the strain on hospitals and healthcare facilities.
MyGetWellStore represents a significant advancement in the way home patient care is approached in India. With its extensive product range, commitment to affordability, and customer-centric philosophy, MGWS is not only meeting the needs of patients but is also paving the way for a healthier future. As the company continues to expand its reach and enhance its services, it is well-positioned to become a trusted leader in the healthcare industry. With a mission to make healthcare accessible and affordable, MyGetWellStore is not just selling products; it is fostering a healthier, wealthier nation.
Operations Commenced On 2015
Franchise Commenced On 2015
Investment INR 10lakh - 20lakh
Franchise/Brand Fee INR 250000
Royalty/Commission 30 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 15 %
Likely pay back period of capital for a Unit Franchise 4 - 5 Years
Haryana, Punjab, Uttaranchal, Uttar Pradesh
Karnataka, Kerala, Tamil Nadu, Telangana
Assam, Manipur, Mizoram, Nagaland, Odisha, West Bengal
Goa, Maharashtra, Rajasthan
Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh
Chandigarh, Lakshadweep
Type of property required for this franchise opportunity Owned
Floor area requirement 1000 - 3000 Sq.ft
Preferred location of unit franchise outlet Location with higher foot falls
Detailed operating manuals for franchisees Yes
Franchisee training location NAGPUR
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? 3 Years
Is the term renewable? Yes
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