FRANCHISOR OPPORTUNITIES
Health Care & Fitness
Affordable Medicine Store
Category: Health Care & Fitness
Area: 120 sqft
No. of Franchise Outlet: 2
Investment:Rs 2lac - Rs 5lac
Business Details
Affordable Medicine Store is a chain of generic medicines store where all essential medicines, health & beauty care products and over the counters products are sold with minimum 50% to 80% discounts. Top OTC brands are also sold with min 20% Discount. Affordable medicine store caters to all basic requirements of medicine store which include designing, furnishing, branding, accounting, providing man power-pharmacist, licensing, billing software and inventories etc. The store will be using ERP software in order to provide prompt information, replenishment of stocks at short notice and also catering to specific requirement of customer. The Investment covers all expenses mentioned above and no further expense has to be made. Franchisee Profile: Person with zeal to become successful as an entrepreneur Person looking to start a new business with a reputed name in the industry Person with entrepreneurial excellence and sound managerial skill Individual ready to put full endeavours to be the leading brand name Franchise Benefits: Marketing support Established brand name Advertisement assistance On field assistance Extensive support
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Affordable Medicine Store Investment Detail
Date Commenced Operations
:2015
Date Commenced Frachising / Distribution
:2015
Are you looking for Franchise ?
Unit
Area
Investment
Storewise
Rs 2lac - Rs 5lac
Is there exclusive territorial rights given to a unit franchise?
:No
Are any performance guarantees given to unit franchisees?
:No
What is the anticipated percentage return on investment?
:100 %
What is the likely pay back period of capital for a unit franchise?
:1 Years
Are there other investment requirements?
:
Affordable Medicine Store Property Details
What type of property is required for this franchise opportunity?
:Commercial
Floor area requirement
:120 sqft
Preferred location of Franchisee outlet:?
:Residential Hub/Govt Hospital
Affordable Medicine Store Training Details
Do you currently have detailed Operating Manuals for franchisees?
:No
Where is the franchisee training done?
:At franchisee's location
Is field assistance available for franchisees?
:No
Will someone from Head Office assist me when I open my franchise?
:No
What IT systems do you presently have that will be included in the franchise?
:
Affordable Medicine Store Other Details
Do you have a standard Franchise Agreement?
:No
How long is the franchise term for?
:9 Years
Is the term renewable?
:No