Business Categories
Pharmacies

MEDSTM PRIVATE LIMITED Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    1000 - 3000 Sq.ft
  • Investment Range
    INR 30 Lakh - 50 Lakh
  • No. Of Franchise Outlets
    Less than 10

About brand - MEDSTM PRIVATE LIMITED

MEDSTM Pvt Ltd is both offline and online platform for pharmacies that will provide all kinds of medicines with delivery in all over India. We will start services like ICU and critical care at home, Diagnostic services, Home care services, and Online Doctor consultations. It is expanding franchisees that deliver medicines in one hour.

    MEDSTM will be India’s largest digital healthcare platform.  It will be one of the fastest-growing and most trusted healthcare brands in India. It’s making a strong team with AI which will serve premium quality healthcare services in India and starting from major metropolitan cities.

    MEDSTM Platform is like a one-stop solution for healthcare needs. It provides General Medicine with OTC & FMCG products, Online consultations, medical tourism facilities, healthcare products, booking of doctors, lab testing, healthcare services at home.

Business Models depending on the city, the inventory would be provided. It could be worth Rs 15 lakh for medicines and Rs 15 lakh for a Diagnostic lab . The franchisee cost would be a non-refundable amount of Rs 6 lakh.This model has a store set up cost of about Rs 3 lakhs that includes desktop, ERP software, and front display of the store. B. pharma/ D pharma salesperson is appointed on brand payroll where half payment is done by the franchisee. The brand will appoint two local marketing interns to boost sales in the respective area supported by a local digital marketing team to retarget the audiences in the respective area. The portal will be provided where the patient could connect to Indian and foreign doctors. Lab testing booking facility provided at each franchise store.

   Every franchise store has a health manager provided by the company who helps the patient get in touch with the doctor over the portal if required. He further helps with laboratory suggestions if any tests are needed to be done. The patient gets the reports quickly and further analysis can also be done online.

All the franchisees will be provided with digital marketing support. There will be only one store within a radius of 20 km.The ROI is expected to be 100% within a year.

  The company is looking forward to a commitment from the franchise partners. This is an opportunity to have sales of more than Rs 4 crores per annum through various parameters on medicine delivery, lab testing, and doctors' consultation.

MEDSTM PRIVATE LIMITED Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2020

Franchise Commenced On 2021

Franchise Details
Units

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 300000

Royalty/Commission 5 %

Master / Multi Units

City Wise

Investment INR 30lakh - 50lakh

Details

Anticipated percentage return on investment 30 %

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

Other investment requirements No

MEDSTM PRIVATE LIMITED Expansion Plans

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

 

MEDSTM PRIVATE LIMITED Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 1000 - 3000 Sq.ft

Preferred location of unit franchise outlet Heart of the Town

MEDSTM PRIVATE LIMITED Franchise Training

Franchisee training location Delhi / Kolkata

Current IT systems will be included in the franchise Yes

MEDSTM PRIVATE LIMITED Franchise Agreement Details

How long is the franchise term for? 15 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 MEDSTM PRIVATE LIMITED 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 a MEDSTM PRIVATE LIMITED franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. MEDSTM PRIVATE LIMITED franchise fee, MEDSTM PRIVATE LIMITED franchise cost, MEDSTM PRIVATE LIMITED apply process and more. Our team will guide you during the process to avail MEDSTM PRIVATE LIMITED franchise.

Interested in MEDSTM PRIVATE LIMITED Franchise? Apply here

Insta Apply
YOU MIGHT ALSO BE INTERESTED IN THESE FRANCHISE OPPORTUNITIES
  • Healthcare Products
    Dr.Rashel, more than a brand, is a testament to quality..
    Locations looking for expansion Maharashtra
    Establishment year 2013
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Mumbai Maharashtra
  • Healthcare Products
    Dera aspires to be a one stop solutions for anyone..
    Locations looking for expansion Tamil nadu
    Establishment year 2015
    Franchising Launch Date 2023
    Investment size Rs. 5lakh - 10lakh
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Egmore nungambakkam Tamil nadu
  • Ayurvedic, Herbal & Organic Products
    Isha Agro Developers Pvt. Ltd.Herbal Hills is Cultivator, Manufacturer &..
    Locations looking for expansion Maharashtra
    Establishment year 2006
    Franchising Launch Date 2007
    Investment size Rs. 10000 - 50000
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquarter Mumbai City Maharashtra
  • Anytime-anywhere promise You can shop with us online, or at..
    Locations looking for expansion Uttar Pradesh
    Establishment year 2021
    Franchising Launch Date 2023
    Investment size Rs. 50lakh - 1 Cr.
    Space required 750
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Noida Uttar Pradesh
  • Pharmacies
    Rx Aushadhi is one of the trusted online pharmacies in..
    Locations looking for expansion Madhya pradesh
    Establishment year 2018
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Indore Madhya pradesh
  • Pharmacies
    Scott-Edil Franchise in India: Founded in February 2022, Scott Edil..
    Locations looking for expansion Chandigarh
    Establishment year 1996
    Franchising Launch Date 2023
    Investment size Rs. 2lakh - 5lakh
    Space required 120
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquarter Chandigarh Chandigarh
Apply Now

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads