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

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

MedPlus Pharmacy Franchise Business Opportunity - Snapshot

Line of Business

Pharmacy

Unit / Shop Area

300 Sq.ft.

Commission% / Revenue Sharing

Approx. 90%

Infrastructure Investment

Rs. 10 Lakhs - Rs. 20 Lakhs

ROI Timeframe

Approx.1 Year

MedPlus Pharmacy Franchise Review & Ratings

Revenue Sharing

4.26 / 5

Franchise Fee & Infra Investment

4.28 / 5

Support & Training

4.11 / 5

ROI Timeframe

4.14 / 5

Brand Value

4.18 / 5

Overll Ratings

4.20 / 5

Star Ratings


Overview of MedPlus Pharmacy & Medical Franchise

Industry

Healthcare

Line of Business

Pharmacy

Organization Type

Private

Head Office

Hyderabad

Founder

Madhukar Gangadi

Founded In (year)

2006

No. of Franchise Outlets

50+

Master Franchise Model

Not Available

Franchise Tenure

5 years

Franchise Location

All over India

Business Set-Up Time

1 to 2 months

Franchise Commencement Year

2015

MedPlus Pharmacy Franchise Investment & Fees

Franchise Fee

Not disclosed

Infrastructure Investment

Rs. 10 Lakhs - Rs. 20 Lakhs

MedPlus Pharmacy Franchise Commission / Revenue Sharing / Royalty

Franchisee

Approx. 90%

Franchisor

Approx. 10%

MedPlus Pharmacy Franchise ROI Details

In Years

Approx.1 Year

Master Franchise of MedPlus Pharmacy - Information

Franchise Fee

NA

Infrastructure Investment

NA

Commission% / Revenue Sharing

NA

MedPlus Pharmacy Franchise Infrastructure Requirement

Shop / Unit Area

300 Sq.ft.

Employee Strength

2 to 3

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 MedPlus Pharmacy & Medical Franchise

Inventory Planning

Available

Product Pricing

Available

Service Pricing

Not Available

Offers

Available

Client Acquisition Support

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

Available

Website Support - For Order

Available

Warranty / Guarantee Support

Available

Operation Manual

Available

Training Manual

Available

Franchise of MedPlus Pharmacy - Marketing Support

Unit Interior & Exterior Ads

Available

Local Advertisement

Available

Digital Marketing

Occasionally Available

Television Advertisement

Not Available

Prints Advertisement

Occasionally Available

Events/Seminars

Occasionally Available

Training provided by MedPlus Pharmacy 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 MedPlus Pharmacy - 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

NA

Online Consultation

NA

Personal care assistance

NA

Treatment Rooms

NA

Surgery

NA

ICU

NA

Check out Business Opportunities with Similar Brands

Franchise for MedPlus Pharmacy - Revenue per Customer

Product / Service Price

Rs.99 - Rs. 699

GST Rate

12%

Franchisee Qualification required by MedPlus Medical Shop Franchise

Age Limit

Above 23 Years

Business Experience

Optional

Academic Qualification

No Restriction

Documents Required to Start MedPlus 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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