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Genericart Medicine Private Limited 8.5 /10

2015 Estd  ·  1800 Franchisees  ·  Miraj HQ  ·  Listed By Management Member

All Formats
Format Investment including Brand Fee Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
Franchise medical store USD 3.5 - 5.9 thousand USD 1.46 thousand 120 - 150 Sq Ft 1 USD 2.34 thousand 40% We do not charge any royalty or commission. We run on a franchisee owned and franchisee operated model and we procure at a discount and sell our products at cost.
Format Name Franchise medical store
Investment USD 3.5 - 5.9 thousand
Brand Fee USD 1.46 thousand
Space 120 - 150 Sq Ft
Staff 1
Expected Monthly Sales USD 2.34 thousand
Profit Margin 40%
Royalty / Commission We do not charge any royalty or commission. We run on a franchisee owned and franchisee operated model and we procure at a discount and sell our products at cost.
Documents
About Genericart Medicine Private Limited
- Genericart medicine pvt ltd company was established in 2015.
- Our Company is seeking franchise partners in Gujarat.
- We currently operate stores in 13 states across India, with 1,800 stores in operation. The company offers over 5,000 products.
- We are ISO 9001:2015 certified.
Products and Services
We sell all the generic medicines. We have a total medicine portfolio of over 5000 products.
Preferred Locations
Surat, Ahmedabad, Vadodara, Rajkot.
How to get Genericart Medicine Private Limited Franchise?
- We do not expect the interested person to have any pharmaceutical experience but we require them to have the funding and area required for operations. We would recommend having the space in a residential area.
- To acquire a franchise, you'll need to contact our regional sales manager whose contact details are available on this profile.
- Connect with us on SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
We are not looking for experienced pharmaceutical professionals but are looking for individuals who have good contacts and a flair for business.
Support you can expect from the company
According to the company policy, operating your franchise could yield a yearly turnover of up to 25 lakhs, and Genericart medicine facilitates this. We will train people ourselves, we will also help them get leads, we have an online app from which we will be supporting them too. We will provide interested franchisers with both offline and online support. The estimated sales and operating margin are based on the operational stores at the moment.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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    Frequently
    Asked
    Questions
    • When was Genericart Medicine Private Limited established?
      Genericart Medicine Private Limited was established in 2015 in Miraj and is reported to have 1800 Franchisees currently
    • What is the investment required to take up Genericart Medicine Private Limited Franchisee?
      Investment required ranges from INR 3 lakh - 5 lakh depending on the format offered.
    • What is the space requirement for taking up Genericart Medicine Private Limited Franchisee?
      Space required ranges from 120 - 150 sq ft depending on the format.
    • What Franchisee formats does Genericart Medicine Private Limited offer?
      Genericart Medicine Private Limited offers 1 format, i.e Franchise medical store.
    • How to get Genericart Medicine Private Limited Franchisee?
      - We do not expect the interested person to have any pharmaceutical experience but we require them to have the funding and area required for operations. We would recommend having the space in a residential area. - To acquire a franchise, you'll need to contact our regional sales manager whose contact details are available on this profile. - Connect with us on SMERGERS and we will guide you through the process.
    • Show more