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

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.

Investment Details

Commenced Operations

Operations Commenced On 2020

Franchise Commenced On 2021

Franchise Details
Units

Investment INR 30lac - 50lac

Franchise/Brand Fee INR 300000

Royalty/Commission 5 %

Master / Multi Units

City Wise

Investment INR 30lac - 50lac

Expansion Locations
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

Franchise Details

Anticipated percentage return on investment 30 %

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

Other investment requirements No

Property Details

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

Training Details

Franchisee training location Delhi / Kolkata

Current IT systems will be included in the franchise Yes

Agreement & Term Details

How long is the franchise term for? 15 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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