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MyGetWellstore

Healthcare Products MyGetWellstore Franchise Cost – How to get, Contact, Apply, Fee

  • MyGetWellstore
  • MyGetWellstore
  • MyGetWellstore
  • 1000 - 3000 Sq.ft
    Area Req
  • INR 10 Lakh - 20 Lakh
    Investment Size
  • Less than 10
    No. Of Franchise Outlets
  • 2015
    Establishment Year

About brand - MyGetWellstore

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.

  1. Home Patient Care Equipment
  • Mobility Aids: Wheelchairs, walkers, and walking sticks are designed to assist those with mobility challenges, allowing for greater independence at home.
  • Rental Services: Understanding that not all patients require long-term use of medical equipment, MGWS provides rental options for items like comfort chairs and oxygen cylinders. This flexibility helps reduce costs for families.
  • Oxygen Therapy: With products like portable oxygen kits and oxygen concentrators, MGWS addresses the growing need for respiratory support, particularly for patients with chronic respiratory conditions.
  1. Monitoring and Testing Devices
  • The store offers essential devices such as BP monitors, glucometers, and thermometers, empowering patients and caregivers to manage health conditions effectively from home. This capability is crucial for maintaining ongoing health checks without frequent hospital visits.
  1. Physiotherapy and Rehabilitation Products
  • MGWS stocks physiotherapy equipment such as neck traction belts and various exercisers. These products facilitate rehabilitation and support recovery, essential for patients recovering from surgery or injury.
  1. Wellness Products
  • In addition to medical supplies, MGWS emphasizes wellness by providing a variety of personal healthcare items, including dietary supplements and body supports, to promote overall health.

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:

  • Lower Consumer Costs: By utilizing e-commerce, MGWS can minimize operational costs and pass those savings on to customers, ensuring affordability.
  • Exceed Customer Expectations: MGWS is committed to not only meeting but exceeding the expectations of its customers, ensuring high-quality products and exceptional service.
  • Create a Healthier Nation: The overarching goal is to contribute to a healthier India, aligning with initiatives like "Fit India," encouraging individuals to prioritize their health and well-being.

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.

  1. E-Commerce Focus
  • The development of a user-friendly, effective e-commerce platform is central to MGWS's strategy. The online store is designed for ease of navigation, making it simple for customers to find and purchase products.
  1. Franchise Opportunities
  • MGWS plans to expand its reach through a franchise model, targeting 30 cities across India, including both metro and tier-1 cities. This approach not only increases availability but also allows local entrepreneurs to participate in the healthcare sector.
  1. Marketing Strategies
  • A laser-focused marketing campaign will be implemented to drive traffic to the MGWS website. This includes digital marketing, social media engagement, and collaborations with healthcare professionals to promote awareness of the products and services offered.

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:

  1. Brand Recognition: Establish MGWS as an iconic brand synonymous with quality home healthcare products.
  2. Website Development: Create a robust e-commerce site that is effective and well-placed within the market.
  3. Targeted Marketing: Implement controllable and measurable marketing strategies to drive consumer traffic to the website.
  4. Infrastructure for Fulfillment: Develop a logistics and fulfillment infrastructure to ensure timely delivery of products.
  5. Franchise Expansion: Roll out the franchise model effectively, ensuring the availability of MGWS products in key urban areas.

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:

  • Guidance and Support: Customer service representatives are trained to assist clients in selecting the right products based on individual needs and medical requirements.
  • Educational Resources: MGWS aims to educate consumers about various health conditions and the corresponding products available, empowering them to make informed choices.

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.

MyGetWellstore Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2015

Franchise Commenced On 2015

Franchise Details
Units

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR 250000

Royalty/Commission 30 %

Details

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

MyGetWellstore Expansion Plans

North

Haryana, Punjab, Uttaranchal, Uttar Pradesh

South

Karnataka, Kerala, Tamil Nadu, Telangana

East

Assam, Manipur, Mizoram, Nagaland, Odisha, West Bengal

West

Goa, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

Union Territories

Chandigarh, Lakshadweep

 

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MyGetWellstore Franchise Requirements

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

MyGetWellstore Franchise Training

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

MyGetWellstore Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 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 MyGetWellstore 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 MyGetWellstore franchise, you can fill up the application form provided on the website and get all the details viz. MyGetWellstore franchise fee, MyGetWellstore franchise cost, MyGetWellstore apply process and more.

Interested in MyGetWellstore Franchise? Apply here

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