If you atleast know something about medicines and pharma franchises, this blog is all about that.
For pharmacists and pharmacy students, it's super easy because they have their own drug licenses. If you are a pharmacist then don't wait for a 9 to 5 job. Start your own. So there are some top Pharmacy Franchises in India which you must know.
1:- Apollo Pharmacy
Apollo pharmacy is one of the well-known retail pharmacy chains in India. They made 1,150 cores turnover in the last financial year. They have more than 5000 products. Different types of medicines, vitamins, and supplements, baby care, personal care, health foods, oral care, skincare, and over-the-counter (OTC) products.
Apollo pharmacy franchise cost:
The cost of investment is Rs 5 to 10 lakh rupees and commercial retail space to open the pharmacy store.
For open apollo pharmacy contact here:
Contact Number: (044) 28245800 | Customer Care Toll-Free No: 1860 500 0101
2:- Medplus
Medplus is another big company in the pharmacy retail chain business. They operate across 1350 pharmacies in 150 cities of India.
Medplus franchise cost:
For the Medplus franchise setup cost is around 17 to 20 lakh rupees depending on the location and the size of the store.
3:- NetMeds
Netmeds is a big name in the pharmacy retail chain and online pharmacy industries. According to them, they have over 100 years of experience in dispensing and customer services.
Netmeds franchise cost:
You have to invest around 10-15 lakh rupees and the space to start the business
4:- Sanjivani
Sanjivani is a well-known company in the pharmacy retail and distribution sectors. They have a huge range of product range. Not only allopathic medicines, OTC products. They also have ayurvedic medicines, surgical products, and homeopathic products.
Sanjivani pharmacy franchise cost:
You have to invest around 10-20 lakh rupees and the area 200-300 sq. ft to start the business.
5:- 1mg
1mg.com is one of the best online pharmacies in India. They have a huge range of medicines, healthcare products, and OTC products.
According to 1mg, they have delivered more the 25 million orders across 1000+ countries of India. So this is really a big branding factor for the company.
1mg franchise cost:
So the cost of investment of cost 1mg franchise is 10,000 rupees. This is one of the low investment business ideas with a good amount of return.
6:- Medkart Pharmacy
Medkart was founded with a purpose of helping people who buy medicines regularly by providing them access to genuine generic medicines at discounted prices. The guiding light behind online ordering of medicines comes from the fact that a good number of medicines are not available beyond the major cities. More so if the generic option is in consideration
Franchise Details
UNITS
Location :-Store wise
Investment:- INR 10lac - 20lac
Franchise/Brand Fee:- INR 100000
Royalty/Commission :-2 %
Master / Multi Unit
According to city
Investment:- INR 10lac - 20lac
Unit / Brand fee:- INR 99999
Royalty/Commission :- 2 %
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