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

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

OyeCare Franchise Business Opportunity - Snapshot

Line of Business

Pharmacy

Unit / Shop Area

100-200 Sq. Ft.

Commission% / Revenue Sharing

Approx. 90%

Infrastructure Investment

Rs.1 Lakh - Rs.2 Lakhs

ROI Timeframe

3-6 Month

OyeCare Franchise Review & Ratings

Revenue Sharing

3.95 / 5

Franchise Fee & Infra Investment

3.97 / 5

Support & Training

3.82 / 5

ROI Timeframe

3.85 / 5

Brand Value

3.89 / 5

Overall Ratings

3.90 / 5

Star Ratings


Overview of OyeCare Pharmacy Franchise

Industry

Healthcare

Line of Business

Pharmacy

Organization Type

Private

Head Office

Patna

Founder

A R Anand

Founded In (year)

2019

No. of Franchise Outlets

105

Master Franchise Model

Available

Franchise Tenure

5 Years

Franchise Location

All over India

Business Set-Up Time

10 days

Franchise Commencement Year

2019

One of the leading franchises in the pharmacy industry is OyeCare. One can check all the relevant details before making the franchise investment decision.

Ar Anand established the company in 2019. The private organization has its headquarters in Patna. The healthcare business has around 105 franchise outlets all over India.

It takes ten days to start the business, so one can undoubtedly think about the franchise business. They began giving franchises in 2019, and 2 models are available here. The franchise tenure is around five years. One can set up the franchise anywhere in India.

To Start the OyeCare franchise, one must have a shop or unit area of around 100 to 750 sqft. Furthermore, it is mandatory to have one to 2 employees. Besides the shop area and employee strength, there are some mandatory requirements that one needs to align with, like billing counter product display area, reception area sitting area lab area, and air conditioner.

The return on investment for a franchise of OyeCare is available from 3 to 6 months.

Additionally, the franchisor also offers Support in inventory planning, product pricing, and relationship management. The franchisor also provides training to be stress-free while taking the franchise.

OyeCare Franchise Investment & Fees

Franchise Fee

Rs.50,000 - Rs.1 Lakh

Infrastructure Investment

Rs.1 Lakh - Rs.2 Lakhs

OyeCare Franchise Commission / Revenue Sharing / Royalty

Franchisee

Approx. 90%

Franchisor

Approx. 10%

OyeCare Business Partner ROI Details

In Years

3-6 Month

Master Franchise of OyeCare - Information

Franchise Fee

Rs.5 Lakhs - Rs.10 Lakhs

Infrastructure Investment

Rs.1 Lakh - Rs.2 Lakhs

Commission% / Revenue Sharing

Approx. 90%

OyeCare Franchise Infrastructure Requirement

Shop / Unit Area

100 - 750 Sq. ft.

Employee Strength

1 to 2

Billing Counter

Compulsory

Product Display Area

Compulsory

Reception Area

Compulsory

Sitting Area

Compulsory

Lab Area

Compulsory

Patients Room & Bed

Compulsory

Doctor's Rooms

Compulsory

Airconditioner

Compulsory

CCTV Set-up

Compulsory

Computer / Internet Connectivity

Compulsory

Delivery Service

Compulsory

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Support Provided by OyeCare Business Partner Program

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 OyeCare Pharmacy - Marketing Support

Unit Interior & Exterior Ads

Available

Local Advertising

Available

Digital Marketing

Occasionally Available

Television Advertisement

Not Available

Prints Advertisement

Occasionally Available

Events/Seminars

Occasionally Available

Training provided by OyeCare Food Franchise

Product Information Training

Provided

Product Display Training

Provided

Staff Training

Provided

Lab Training

Not Provided

Test Report Training

Not Provided

Basic Medical Training

Not Provided

Training Helpdesk

Provided

OyeCare Franchise - Cuisine Offered

Ayurvedic Products

Available

Ayurvedic Medicine

Available

Homeopathic Medicine

Available

Allopathic Medicine

Available

Diagnostic Equipments

Available

Diagnostic Services

Available

Medical Equipments

Available

Medical Accessories

Available

Doctors Consultation

Available

Home Services

Available

Online Consultation

Available

Personal care assistance

NA

Treatment Rooms

NA

Surgery

NA

ICU

NA

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Franchise for OyeCare Pharmacy - Revenue per Customer

Product / Service Price

Rs. 100 to Rs. 10,000

GST Rate

12%

Franchisee Qualification required by OyeCare Pharmacy

Age Limit

24 Years & above

Business Experience

Required

Academic Qualification

Graduate

Documents Required to Start OyeCare 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


FAQs on OyeCare Franchise

Check out all FAQs on the brand here

What is the Franchise Fee of OyeCare? 

The franchise fee of this brand INR 50,000 to 1,00,000. On the other hand, if one goes for the master franchise, they need to pay the franchise fee of ₹5,00,000 to 10,00,000. Besides the franchise fee, one also needs to pay the infrastructure investment fees, ranging from 1,00,000 to 2,00,000 for the average franchise and the master franchise.

What is the ROI Timeline of the brand?

The ROI timeline for the franchise is around 3 to 6 months.

What kind of Support does OyeCare Franchise Provide?

The company offers different types of Support like inventory planning, product pricing, client acquisition, client interaction training, interior design support, and marketing support.

What is the Unit Space Requirement for OyeCare Franchise? 

The unit space requirement for the franchise is around 750 to 1000sqft. Besides considering the unit space requirement, one must check the other mandatory requirements.

How many Franchise Outlets does OyeCare Franchise Own?

The company currently has 105 franchise outlets. The franchise is available all over India. It takes around ten days to set up the franchise, and the franchise tenure is five years. The pharmacy line is fruitful so that one can consider the franchise business.

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