Generic Medicine Pharmacy Franchise Overview:
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Inception and Growth: Established in Villupuram in 2019. Expanded to 9 franchise-operated outlets.
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Expansion Goals: Ambitious target of opening 100 retail outlets by FY 2023-2024.
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Franchise Criteria: Seeking franchisee partners in Tamilnadu.
Criteria for partners: Passion for ethical business with social impact. Minimum 200 sq ft business space. Basic orientation in retail pharmacy business. -
Offerings for Franchisees: Efficient supply chain for quality assured medicines. Complete ERP and PoS support. Highest profit sharing in the franchise industry.
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Support and Resources: Experienced marketing team. Minimal investment required.
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Social Impact Focus: Aiming to reduce out-of-pocket expenditure for the public. Passion for ethical business with a social impact emphasized.
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Expansion Strategy: Focus on expanding presence in Tamilnadu.
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Financial Requirements: Minimum investment of $200 per sq ft.
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Timeline: Targeting 100 retail outlets by FY 2023-2024.
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Invitation to Franchisees: Inviting partners with a passion for ethical business. Highlighting social impact as a key aspect.
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Operational Model: Franchise-operated outlets.
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Benefits for Franchisees: Efficient supply chain. Quality assurance of medicines. Complete ERP and PoS support.
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Profit Sharing: Emphasizing the highest profit sharing in the franchise industry.
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Location Focus: Expansion focus on Tamilnadu.
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Application Process: Franchisee partners encouraged to apply with required criteria.
Top hospitals in India are expanding their pharmacy franchises in major and smaller cities to increase brand awareness and serve society 24/7. Entrepreneurs can explore the cost of these franchises on FranchiseBazar.
Industry | Segment | Investment | Franchise Fee | Space | Expected No of Hours / month | Expansion Location/s |
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Health Care Franchise | Pharmacy Franchise | Rs. 20lakhs-30lakhs | Rs. 1Lakh - 2Lakh | 250 - 500 | Less than 10hrs | 2 places |
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