Are you looking forward to starting an Apollo Clinic franchise business? If yes, read on to know why and how to apply and own an Apollo clinic franchise business with cost, investments, and contact details.
Apollo Clinics was founded in 2002 with the aim “to bring healthcare of international standards within the reach of every individual.” To achieve this, Apollo Clinics run a large network of Apollo Clinics with over 61 clinics, both owned and franchised in India and 2 clinics in the Middle East.
Apollo Clinic is an integrated model and offers facilities for Specialist Consultation, Diagnostics, Preventive Health Checks, and a 24-hour pharmacy. Therefore, most health care services are provided under one roof.
In addition to this, the Clinic also pioneers in a range of value-added services such as counseling on various lifestyle parameters. Apollo Clinic is your new neighborhood clinic.
Furthermore, Apollo Clinics are multi-specialty clinics run by Apollo Health & Lifestyle Limited (AHLL), a wholly owned subsidiary of Apollo Hospitals Enterprise Limited (AHEL). AHLL is one of the largest players in the retail healthcare segment in India.
Why Apollo Clinic Franchise?
The size of the healthcare industry in India is just 5% of the GDP, as compared to the United States, where this figure stands as high as 13.7%. In fact, healthcare is the largest industry in the USA.
A study conducted by KSA Technopak, a leading global consulting firm reveals only 11% of the annual household income is spent on healthcare. Not only this, 25% of the people believe that this figure is likely to go up. Furthermore, the same study indicates that close to 68% of healthcare spending is on the day to day healthcare needs alone.
The healthcare industry in India is expected to cross Rs.1000 billion in the next three years. The benefits of working under the umbrella of a large organization cannot be over-emphasized. You enjoy the best of both worlds. On one hand, as an owner of an independent business, you leverage your entrepreneurial capabilities. On the other hand, a nationally recognized brand like Apollo minimizes your risks.
Additionally, the brand ensures to provide all the knowledge and expertise you require to successfully run the business. You will have access to our years of healthcare domain knowledge and expertise. Being part of a large network of Apollo Clinics spread across the Asian sub-continent, you will be able to offer world-class services without spending a fortune.
Benefits of Starting an Apollo Clinic Franchise Business
The company claims to assist franchisees in all areas of the project. Some of these are:
- Preparation of a detailed project report
2. Site selection
3. The interior design and architecture
4. Selection and procurement of medical equipment
5. Project coordination
6. Manpower screening and training
7. Information technology and systems
8. Marketing Strategy development
9. Commissioning and pre-launch Activities
In addition to this, Apollo will provide support in the following areas:
1.Operations & Quality Audits
In conclusion, as a business owner of Apollo clinic franchise, you can expect to receive high-quality support on an ongoing basis.
Who Can Apply Apollo Franchise Business:
Apollo Health and Lifestyle Limited select its prospective franchisees with utmost care.
Some of the minimum requirements that an Apollo Franchisee must have are:
A high level of interest and commitment to healthcare as a business.
Prior experience in successfully managing one’s own business, preferably in the service industry
A strong entrepreneurial spirit and zeal to succeed.
Adequate Financial Resources.
Ability to manage people.
Good social standing and reputation.
Committed to the highest levels of service quality.
Willing to undergo rigorous training and a desire to learn various aspects of managing a healthcare enterprise.
Genuinely interested in people and be sensitive to his neighborhood’s requirements.
Cost & Earnings from Apollo Clinic Franchise Business :
Apollo Clinic has an area requirement of 4000 sq ft carpet space and a Project Cost of around Rs 2.75 Cr. The Project cost includes investment in Medical Equipment, Interiors, and Furniture, Civil Modification, Air Conditioning, Electrical, Information technology (Hardware and Software), Lease Deposit ( if the premises are taken on rent), preliminary and pre-operative expenses, Working Capital Margin, Contingency Funds, and License Fees.
Business owner of an Apollo Clinic is expected to have a turnover within the range of Rs 1.0 to 1.5 Crore (depending on location) in the first year through diagnostics, consultations, health check packages and other revenue streams such as telemedicine. Additionally, one can expect the double turnover by the 4th year.
How to Apply for the Apollo Clinic Franchise:
To apply for the Apollo Clinic franchise, please visit the link http://www.apolloclinic.com/FAQS.aspx#q4. You may also download the Apollo Clinic franchise form, fill it duly, and send it to the contact given below. You can also contact at the following address directly.
Apollo Health and Lifestyle Limited
No. 1-10-60/62, 5th Floor,
Ashoka Raghupati Chambers, Begumpet, Hyderabad-500 016
Phone: +91-40-4904 7777
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.