Do you want to start Dr Lal Pathlabs Franchise? Find in this article, a detailed guide on why and how to apply for Dr Lal Pathlabs franchise business including cost, investment, and contact details.
Late Dr. Major S.K. Lal, commenced the business of providing pathology services and maintaining a blood bank in the year 1949 through sole proprietorship of M/s Central Clinical Laboratory and M/s Blood Bank Transfusion Centre. At present Dr Lal Pathlabs is a reputed brand in the business of diagnostic and related healthcare tests and services in India.
Why Lal Pathlabs Franchise Business?
Presently, the company offers more than 3,368 diagnostic and related healthcare tests and services to customers. Most of their laboratories are accredited by the NABL in accordance with ISO 15189.
National Reference Laboratory has obtained ISO 9001:2008 certification (for the performance of routine and advanced diagnostic pathology testing services, including clinical trials), ISO 15189:2007 (for quality management in medical laboratories), ISO 15189:2012 certification (in the field of medical testing), and ISO 27001:2013 certification.
Over 3000 individuals work at the Dr Lal PathLabs in India with over 55 percent of the staff in laboratory functions. They have a qualified team of 147 Pathologists, 8 Radiologists, 13 Microbiologists, 5 Biochemists, and 11 specialists with doctorate degrees.
As a matter of fact, Dr Lal Pathlabs was the first private lab to start HIV/AIDS testing in the year 1989.
With over 190 Clinical Labs and more than 1700 patient service centers, Dr Lal Pathlabs is at present one of the top Diagnostic Chains in India.
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Cost of Starting Dr Lal Pathlabs Franchise Business
The company offers two kinds of franchise business opportunities in India. One is the diagnostic center franchise and the other is the collection center franchise.
If you want to open a diagnostic center franchise, the investment will be around 1.25 CR excluding lab and testing instruments. You also need to have a minimum of 3,500 sq. ft of ground-floor retail space in a commercial area.
The cost of starting a Dr Lal Pathlabs collection center franchise will be in the range of Rs.3 Lacs to Rs. 4 Lacs depending on the location. The area requirement for a DLPL collection center will be around 100 – 300 sq. ft with a toilet facility on the ground floor in a commercial location.
Dr. Lal Pathlabs Franchise Business Support
The highly experienced Dr. Lal PathLabs project team would provide full management services to enable the planning and implementation of the project.
The company would provide the unique “STARLIMS”, top–of–the–line Laboratory Information Management Software (LIMS). This software has the unique ability to perform tests through the bar–code reading of patient samples and a bi-directional interface with the diagnostic instruments. It enables a completely “hands-off” fully automated testing and reporting process.
Also, the franchisor would provide inputs in Lab design and operations. Also, you will get advice on the equipment to be installed in the laboratory and also help in the procurement at reasonable prices.
Finally Dr Lal PathLabs would provide continuous marketing & sales support to their franchise partners.
Dr Lal Pathlabs Franchise Business Profit
The franchise partner will have around 25% to 30% profit margin. The total income will obviously depend on your marketing skills, location, and hunger for success. It is observed successful Dr. Lal Pathlabs collection franchise makes more than Rs 1 Lac per month.
Agreement and Terms
The company provides a standard dealership agreement with dealers. The agreement of the association is for 2 years. However, one can renew the partnership after two years on mutually agreed terms.
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You can contact directly to their corporate office for more details at the following address.
Dr. Lal PathLabs Ltd.
12th Floor, Tower B, SAS Tower,
If you are interested to start Dr Lal Pathlabs franchise, visit the official site of the company. Fill out the form as instructed. If you are shortlisted, company officials will contact you for further discussion.
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.