Pharmacy Franchise Opportunity
Medkart Pharmacy 8.3 /10
2014 Estd
·
104
Franchisees
· Ahmedabad HQ
· Listed By Management Member
All Formats
| Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
|---|---|---|---|---|---|---|---|
| Offline store | USD 11.7 - 13 thousand | USD 1.76 thousand | 250 - 500 Sq Ft | 2 | USD 2.34 thousand | 30% | - The royalty charged is 2% of net sales - The initial average sales per day can vary between INR 6-12 lakh per day, which is an average drawn from the sales of the 104 stores already established. - For an investment of INR 10 lakh, the franchise brand fee is INR 1.5 lakh. This fee may vary based on the level of investment. |
| Format Name | Offline store |
|---|---|
| Investment | USD 11.7 - 13 thousand |
| Brand Fee | USD 1.76 thousand |
| Space | 250 - 500 Sq Ft |
| Staff | 2 |
| Expected Monthly Sales | USD 2.34 thousand |
| Profit Margin | 30% |
| Royalty / Commission | - The royalty charged is 2% of net sales - The initial average sales per day can vary between INR 6-12 lakh per day, which is an average drawn from the sales of the 104 stores already established. - For an investment of INR 10 lakh, the franchise brand fee is INR 1.5 lakh. This fee may vary based on the level of investment. |
About Medkart Pharmacy
- One of India’s most trusted generic medicine pharmacies, with over 100 stores spread across the country, serving more than 900,000 customers- Medkart offers a comprehensive selection of over 18,000 products, including generic and branded medicines, nutritional supplements, ayurvedic products, diabetes care items, personal care products, and healthcare devices.
- The brand operates both online via third-party marketplaces like Amazon, Flipkart and Meesho places as well as through physical stores, catering to a wide audience and ensuring accessibility.
- Their online platform and mobile app with over 10k+ downloads on Play Store allow customers to order medicines conveniently from their homes
- The brand has 104 stores across Gujarat and Rajasthan alone and is looking to expand further with a current focus on the West.
- We have the necessary drug license and will also help the franchise partner in acquiring the same.
Products and Services
- Generic medicines.- Branded medicines.
- Nutritional supplements.
- Diabetes care.
- Personal care products.
- Online medicine ordering.
- Lab tests.
Preferred Locations
Maharashtra,
Gujarat,
Rajasthan,
Madhya Pradesh.
How to get Medkart Pharmacy Franchise?
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?
Manage day-to-day operations, staff, and customer relations while adhering to Medkart's standards and fostering business growth through expansion into different cities.
Support you can expect from the company
- Comprehensive training programs will be provided to staff.- Regular inventory refills will be coordinated to maintain adequate stock levels.
- Effective marketing strategies will be developed and implemented.
- Partners will receive hands-on training by being brought to one of the shops for a short period.
Recent Activity
-
Earlier than 15 daysEvent Planner, Events, Jaipur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysRelationship Manager, Insurance, Kolhapur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Primary School, Ahmedabad, Individual Investor / Buyer connected with the Business
Profile Stats
- 900+ Page Views
- 300+ Investor Views
Tags:
Medicine Store franchise in Madhya Pradesh
·Medical Shop franchise in Maharashtra
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·Medical Agency franchise in Maharashtra
·Medical Shop franchise in Rajasthan
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·Medicine Store franchise in Gujarat
·Pharmacy franchise in Madhya Pradesh
·Medical Agency franchise in Madhya Pradesh
·Pharmacy franchise in Gujarat
·Medical Shop franchise in Gujarat
·Medicine Store franchise in Maharashtra
·Medicine Store franchise in Rajasthan
·Medical Agency franchise in Gujarat
·Pharmacy franchise in Rajasthan
·Medical Agency franchise in Rajasthan
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Frequently
Asked
Questions
Asked
Questions
-
When was Medkart Pharmacy established?Medkart Pharmacy was established in 2014 in Ahmedabad and is reported to have 104 Franchisees currently
-
What is the investment required to take up Medkart Pharmacy Franchisee?Investment required ranges from INR 10 lakh - 11 lakh depending on the format offered.
-
What is the space requirement for taking up Medkart Pharmacy Franchisee?Space required ranges from 250 - 500 sq ft depending on the format.
-
What Franchisee formats does Medkart Pharmacy offer?Medkart Pharmacy offers 1 format, i.e Offline store.
-
How to get Medkart Pharmacy Franchisee?Connect with us on SMERGERS and we will guide you through the process.