1mg Franchise – Find Revenue Sharing, Investments, ROI Tenure & more
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
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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
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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
