Medplus Pharmacy Franchise Details
In India, MedPlus is one among the leading and fast-growing healthcare retail chains which were started by the Dr Madhukar Gangadi in the year 2006.
In recent years, MedPlus has grown into 1500 pharmacies throughout the country. It serves over 2,50,000 customers daily and employs over 10,000 people.
Why MedPlus Franchise?
The MedPlus is extremely recognised and trusted brand for its integrity and therefore the benefits it offers to the buyers.
MedPlus runs a network of stores in over 15 states and across 200 cities.
Medplus is well-known for providing quality and genuine medicines, great customer service and good value for the money.
Eligibility Criteria for a MedPlus Franchisee
- Individuals were capable of working hard, diligent and dedicated.
- Should be ready to manage the pharmacy operations instead of through employees personally.
- Should have the capacity to do the basic calculation and understand trade terms, margins, profit & loss.
- A pharmacist qualification is useful. However, it’s not mandatory.
- The candidate should have finished the 12+ education or 10th.
- Previous experience during a pharmacy or managing a small business are going to be beneficial.
Benefits to Becoming a MedPlus Franchisee
-Maintaining hundreds of brands and products, stocking and payments while managing sales and staff is more convenient when it comes within MedPlus.
-MedPlus Franchise Inventory management and order as per local demand is entirely automated to avoid additional capital investment needs and minimise losses.
-Brand recognition and increased discount and loyalty schemes attract an outsized number of consumers to the shop and retain the purchasers.
-MedPlus franchise is an omnichannel retailer. it can service both online and offline customers therein area.
-Due to our reach and better-negotiating capability, the skill to earn a far better income is more through this channel.
Area Required for MedPlus Pharmacy Franchise
The MedPlus outlets are set-up with square feet starting from 300 Sq.ft.-500 Sqft; and therefore the location preferred in potential areas with excellent frontage.
Medplus Pharmacy Franchise Cost
Total investment expected to line up for MedPlus Franchise is of Rs 15 lakhs to Rs 18 lakh varying from the location and therefore the size and condition of the premises.
The investment includes franchisee fee, refundable down payment to premises owner (rent advance), interiors, storage, furniture, laptop and printer, stationery and inventory (stocks).
Medplus Pharmacy Franchise Profit Magin
Medplus is a well organised pharmaceutical company in India. The franchise can fetch you profit anywhere from 80,000 to 2Lakh depending on the location.
Support from Medplus Franchise
-Assistance in all aspects of operating the franchise.
-Assistance in selecting the right area for the franchise.
-Help with store identification and lease documents.
-Support in the entire plan, branding materials and furniture and laptop required.
-Training for the franchise and its staff.
-Bank loan support if required.
-Supply of all products sold through the shop.
-Operational assistance through the running of the shop.
-Providing all kinds of equipment to control the pharmacy-related purchases, sales, bank deposits, customer records without any complications.
Medplus Franchise Contact
Those who are interested in Medplus Pharmacy Franchise can send email to firstname.lastname@example.org
Andhra Pradesh and Telangana
Contact Number- +91 8688581100
Contact Number- +91 7305405500
Contact Number- +91 8431002002.
MedPlus Franchise Enquiries
To know more about the MedPlus franchise opportunity, contact at the following address:
Address for Contact
MedPlus Health Services Pvt. Ltd.
GSR Estates, C Block,
D.No. 11-6-56, Survey no. 257 & 258/1,
Opp: IDPL Railway siding Road, Balanagar,
Hyderabad, Telangana 500037, India
Ph.No: 040 6700 6700.
Apply Here for Med Plus Franchise: MedPlus