About the Business
Unlock Your Entrepreneurial Journey with MedZone – India’s Premier Pharmacy Chain
Investment
– Brand Fee: INR 3-5 Lacs
– Space: 83,000 Sq. Ft.
– Staff: 130
– Expected Monthly Sale: INR 3 Lacs
– Profit Margin: 30-35%
– Royalty/Commission: 1%
About Us:
Welcome to MedZone, the cornerstone of trust in India’s pharmacy landscape and the flagship brand of Ethix Health Care. Ethix Health Care boasts over two decades of unwavering commitment to the healthcare sector, driven by a cadre of highly educated and experienced pharmaceutical professionals. If you envision charting your course as an independent entrepreneur and possess the unyielding drive for success, MedZone offers you an unprecedented opportunity to achieve your aspirations.
MedZone stands as the preferred destination for thousands of daily patrons seeking all their medical requirements across India. Our franchise model empowers you with the exclusivity to manage and run your own business autonomously, fostering lasting relationships with your clients—a hallmark of a thriving service industry.
Market Potential:
The pharmaceutical market in India has witnessed a remarkable CAGR of 17.46% since 2015, soaring from US $6 billion to an anticipated US $55 billion by 2020.
Our Vision:
To provide top-quality medicines at affordable Maximum Retail Prices (MRP).
Our Mission:
To ensure a high return on investment (ROI) for all our franchise partners while nurturing trust, the bedrock of every transaction at MedZone. This trust motivates our franchisees to deliver their very best, leaving an indelible mark of satisfaction on every customer.
We Support Our Franchise Customers By:
– Providing basic stock sourced from our own factories with a 65% discount on the MRP.
– Supplying MedZone billing software with a mobile application.
– Assisting in acquiring essential equipment.
– Aiding in obtaining all required licenses (GST/DL/FSSAI (trade)/ISO).
– Offering a framed Franchisee Authorization certificate.
– Recognizing franchisee achievements through performance-based awards.
– Assisting in staff recruitment and continuous professional training.
– Providing inventory management through our billing software.
– Equipping you with the latest sales promotional tools and marketing strategies.
– Guiding in compiling sales tax/income tax/audited balance sheets with the help of chartered accountants.
– Offering value-added FMCG products such as food supplements and Ayurvedic products from Ethix.
– Supplying compliments for doctors for advertising (prescription pads for nearby doctors).
– Providing advertising content in electronic and print media.
– Furnishing logo-printed t-shirts for staff to conduct sales campaigns.
– Supplying containers and brand labels for the alphabetical organization of medicines.
– Offering soft copies of name boards with your local address.
Terms & Conditions:
– Royalty fee: 1% on gross sales value.
– Franchise agreement renewal: Once every 5 years with a renewal fee of INR 3,500.
– Promotional materials shipped on a to-pay basis by cargo/transport/courier.
– Franchise fee: A one-time investment (Tenure: 5 years) that is non-refundable and does not incur interest rates.
Continuous Man Management Assistance:
– Recruitment of accountants, salespeople, telecallers, and skilled business staff (pharmacists).
– Continuous staff training to enhance business performance.
– License renewal and record submission to government departments before stipulated deadlines.
Launching Your Franchise Business:
Step 1: Identify a premises with a minimum area of 130 Sq. Ft.
Step 2: Send pictures of the premises via WhatsApp.
Step 3: Submit your signed application form with residential proof, PAN, Aadhaar, and ID proof.
Step 4: Pay the fee amount of INR 83,000 + 18% GST to receive the franchise agreement.
Step 5: Prepare a blueprint of the proposed premises by a civil engineer if required by any government department.
Step 6: Send a copy of the rental agreement to our Chennai address/email.
Step 7: Interview, shortlist, appoint, and train all staff.
Step 8: Apply for all necessary licenses (GST/FSSAI/ISO/DL), with our assistance.
Step 9: Furnish the premises with essential equipment and a PC with billing software.
Step 10: Conduct the inauguration by informing the neighborhood in an informative and innovative manner.
Embark on your entrepreneurial journey with MedZone—a trusted partner in healthcare and an epitome of business success.
