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Know everything about 1mg Franchise Business Opportunity here. Check out details like its Franchise Review & Ratings, Infrastructure requirement, Support details, ROI tenure & more.

Franchise of 1mg is a leading Pharmacy Franchise. You can check all relevant information & take your franchise investment decision.

1mg Franchise Business Opportunity - Snapshot

Line of Business

Pharmacy

Unit / Shop Area

200 – 500 Sq. ft

Commission% / Revenue Sharing

Approx. 95%

Infrastructure Investment

Rs. 2 Lakhs – Rs. 5 Lakhs

ROI Timeframe

Approx. 1.5 years


1mg Franchise Review & Ratings

Revenue Sharing

3.80 / 5

Franchise Fee & Infra Investment

3.82 / 5

Support & Training

3.67 / 5

ROI Timeframe

3.70 / 5

Brand Value

3.74 / 5

Overll Ratings

3.75 / 5

Star Ratings


Overview of 1mg Pharmacy Franchise

Industry

Healthcare

Line of Business

Pharmacy

Organization Type

Private

Head Office

Gurgaon

Founder

Prashant Tandon, Gaurav Agarwal and Vikas Chauhan

Founded In (year)

2015

No. of Franchise Outlets

20+

Master Franchise Model

Not Available

Franchise Tenure

1 year

Franchise Location

All over India

Business Set-Up Time

1 to 2 months

Franchise Commencement Year

2018


1mg Franchise Investment & Fees

Franchise Fee

Approx. Rs. 10,000

Infrastructure Investment

Rs. 2 Lakhs – Rs. 5 Lakhs


1mg Franchise Commission / Revenue Sharing / Royalty

Franchisee

Approx. 95%

Franchisor

Approx. 5%


1mg Franchise ROI Details

In Years

Approx. 1.5 years


Master Franchise of 1mg - Information

Franchise Fee

NA

Infrastructure Investment

NA

Commission% / Revenue Sharing

NA


1mg Franchise Infrastructure Requirement

Shop / Unit Area

200 – 500 Sq. ft

Employee Strength

2 to 5

Billing Counter

Compulsory

Product Display Area

Compulsory

Reception Area

Optional

Sitting Area

Optional

Lab Area

Not Required

Patients Room & Bed

Not Required

Doctor's Rooms

Not Required

Airconditioner

Compulsory

CCTV Set-up

Compulsory

Computer / Internet Connectivity

Compulsory

Delivery Service

Optional


Check out Business Opportunities with Similar Brands

Support Provided by 1mg Pharmacy Franchise

Inventory Planning

Available

Product Pricing

Available

Service Pricing

Not Available

Offers

Partially Available

Client Acquisition Support

Not Available

Client Interaction Training

Available

Relationship Manager Support

Available

Interior Design Support

Available

Interior Development Support

Not Available

Marketing Support

Partially Available

Monetary Support

Not Available

Business Management Software

Available

Online Tie-up Support - Delivery

Partially Available

Website Support - For Order

Partially Available

Warranty / Guarantee Support

Available

Operation Manual

Available

Training Manual

Available


Franchise of 1mg - Marketing Support

Unit Interior & Exterior Ads

Available

Local Advertisement

Available

Digital Marketing

Not Available

Television Advertisement

Not Available

Prints Advertisement

Not Available

Events/Seminars

Not Available


Training provided by 1mg Franchise

Product Information Training

Provided

Product Display Training

Provided

Staff Training

Provided

Lab Training

Not Provided

Test Report Training

Not Provided

Basic Medical Training

Provided

Training Helpdesk

Provided


Franchise for 1mg - Products Offered

Ayurvedic Products

NA

Ayurvedic Medicine

NA

Homeopathic Medicine

NA

Allopathic Medicine

Available

Diagnostic Equipments

NA

Diagnostic Services

NA

Medical Equipments

NA

Medical Accessories

NA

Doctors Consultation

NA

Home Services

Available

Online Consultation

Available

Personal care assistance

NA

Treatment Rooms

NA

Surgery

NA

ICU

NA


Check out Business Opportunities with Similar Brands

Franchise for 1mg - Revenue per Customer

Product / Service Price

Rs.99 – Rs. 5000

GST Rate

12%


Franchisee Qualification required by 1mg Medical Shop Franchise

Age Limit

Above 23 Years

Business Experience

Optional

Academic Qualification

No Restriction


Documents Required to Start 1mg Medical Store Franchise

Franchise Agreement

Required

Proprietor Aadhaar Copy

Required

Proprietor Photo

Required

Proprietor / Business PAN Copy

Required

Business TAN Copy

Required

GST Registration Certificate

Required

Proprietor / Business Address Proof

Required

Unit / Shop Address Proof

Required

NOC of Unit / Shop

Required

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