Do you want to start a medical store or medical pharmacy business? And searching for the best pharmacy franchise opportunities? Find here a list of the top 10 best pharmacy business opportunities currently available.
The medical industry is growing rapidly in India. Also, this is an evergreen industry. Though you can open a medical store of your own, initiating a franchise is a better option for beginners.
Actually, there are numerous brands available in the market for several products. So, for a first-generation entrepreneur, it is highly difficult to create a product line properly. On the other hand, if you start as a franchise partner of an established brand, you don’t need to think much.
Currently, the healthcare industry is doing very well in India. The increasing number of multi-specialty hospitals, polyclinics, corporate wellness programs, and medical tourism is boosting the market too.
List of 10 Pharmacy Franchise Opportunities in India
1. Apollo Pharmacy
Actually, Apollo Pharmacy is a part of Apollo Hospitals – Asia’s largest healthcare group. Apollo has emerged as Asia’s foremost integrated healthcare services provider. Additionally, it has a robust presence across the healthcare ecosystem, including Hospitals, Pharmacies, Primary Care & Diagnostic Clinics.
It is India’s first and largest branded pharmacy network, with over 3000 plus outlets in key Locations.
2. Sanjivani Pharmacies
Sanjivani is backed by NB Marketing Pvt. Ltd. It provides allopathic and homeopathic. Along with that, it also offers ayurvedic medicines. The company supplies OTC, surgical, and general daily-use products.
Sanjivani started in the year 2006. They started franchising in 2015.
The franchise of Sanjivani pharmacy will receive many benefits. The store would get visual aids, reminder cards, and gift items. All this would be given by the brand company. This way the pharmaceuticals store would get the promotion.
This pharmacy franchise gives monopoly rights. It guarantees there will be no other franchise store of Sanjivani around your area. The franchised would get territory from the company. Hence, you will be the only dealer of Sanjivani pharmacy in that locality.
Sanjivani pharmacy franchise Unit Investment is Rs. 10 lac to 20 lac Read More…
3. Medlife International Pvt. Ltd
Medlife is one of the largest online pharmacies and service providers in India. The company started in the year 2014. It started franchising/ distribution in 2017.
Medlife is a healthcare company. It is based out of Bengaluru, India. This pharmacy franchise has great business opportunities. Medlife wishes every Indian to get the best possible healthcare. It has a great digital presence. This makes it very easy to get a franchise.
Medlife International Pvt. Ltd pharmacy franchise Unit Investment is Rs. 10,000 to 50,000
4. Easy Medico
Easy Medico is one of the biggest online pharmacies in India. The company was established in the year 2012. The franchising started in 2016.
Easy Medico is a pharmacy cum wellness retail in India. The franchise will cater to all kinds of pharmacy and wellness needs. Additionally, Easy Medico complements its offline format. It is present online on the web and mobile. Currently, it is operational in 2 cities, namely Indore and Kolkata. The total number of pharmacy stores is 10.
Easy Medico pharmacy franchise Unit Investment: The investment required is Rs. 10 lac to 20 lac
5. SastaSundar Pharmacy
SastaSundar is a digital pharmacy and healthcare store. The company started in the year 2013 and ever since it started franchising. There are 100-200 franchise outlets all around India.
The franchise of SastaSundar is not just for pharmacies. In addition to the pharmacy, there is beauty and healthcare.
Moreover, it is also for herbal and organic products. They offer Zero investment in stocks. Therefore, you can save a lot of money.
SastaSundar pharmacy franchise Unit Investment is Rs. 50k to 2 lac
6. Ria Lifesciences Pvt Ltd
Ria Lifesciences Pvt Ltd is the manufacturer, distributor, and supplier of pharmaceutical products. In addition to this, they are also engaged in the exporting and trading of pharmaceutical products. The company came into existence in the year 2013. It was in the same year their franchise started.
Ria Lifesciences has around 50-100 outlets all around India. Their products are exported to Kenya and the UK.
Ria Lifesciences Pvt Ltd pharmacy franchise Unit Details are Rs. 10,000 to 50,000
7. Medplus pharmacy
Medplus pharmacy is one of the largest retail franchise chains in India. It has a network of pharmaceutical stores in 12 states. The pharmacy franchise business opportunity is in over 150 cities. There are over 1350 successful pharmacies.
An interested person can avail of a credit facility or loan from the State Bank of India. This will be a special scheme.
Medplus Pharmacy started in the year 2006. The franchise started in 2015. There are 20-50 franchise outlets.
Medplus pharmacy franchise Unit Investment is Rs. 10 lac to 20 lac Read More…
8. Affordable Medicine Store
Affordable Medicine Store is a chain of generic medicines stores. The company deals in essential medicines, and health & beauty care products. Here, over-the-counter products are sold with a minimum of 50% to 80% discount. Top OTC products are sold at a 10% discount.
They started operating in the year 2015. In the year 2015 only, their franchise began. The company promises to provide a huge ROI. Huge opportunities for entrepreneurship are available under this brand.
Affordable Medicine Store pharmacy franchise Unit Investment is Rs. 2 lac to 5 lac.
MedZone pharmacy outlets are promoted by Ethix Healthcare. The first MedZone pharmacy store opened in Bangalore.
Today, MedZone is one of India’s leading pharmacy chains throughout India serving countless customers daily. MedZone Pharmacy offers Ethix pharmaceutical products to its clients at reasonable prices.
However, the franchise owner of MedZone is free to sell products of other companies too.
The estimated investment to open a MedZone pharmacy franchise outlet starts from 2 lac rupees depending on the space and location.
10. Care Pharmacy
Care Pharmacy started its business operations in the year 2017. They started appointing franchise partners in the year 2018. The company is one of Gujarat’s biggest franchise store chains at present. It sells medicines from various reputed companies. Some of the companies like Cipla, Zydus, Heinz, Glenmark, etc.
The initial investment in opening a care pharmacy franchise store is around 5 lacs rupees.
We hope the pharmacy franchise business opportunities mentioned above must have helped you in choosing the right pharmacy business franchisor.
Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.