Medifield Franchise is a well-known Pharmacy franchise in India.
Check out its Franchise Investment, Commission, Support, Infrastructure Requirement, Breakeven Time & more here.
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Medifield Franchise Summary
| Brand Summary | |
| Line of Business | Pharmacy |
| Unit / Shop Area | 250- 750 Sq.ft. |
| Commission% / Revenue Sharing | Approx. 92% |
| Total Investment | Rs. 8.5 Lakhs – Rs. 31 Lakhs |
| ROI Timeframe | 1 – 2 Years |
What do you know about Medifield Franchise?
Medifield is one of the Best Pharmacy business in India.
| About the Brand | |
| Industry | Healthcare |
| Business Line | Pharmacy |
| Organization Type | Private |
| Head Office | Bengaluru |
| Founder | Rajiv Muktibodh |
| Founded In (year) | 2005 |
| No. of Franchise Outlets | 20+ |
| Master Franchise Model | Not Available |
| Franchise Tenure | 7 Years |
| Franchise Location | All over India |
| Business Set-Up Time | 1 to 2 months |
| Franchise Commencement Year | 2007 |
What is the Medifield Franchise Investment Requirement?
Investment includes Franchise Fees & Infra Requirement.
| Investment by Franchisee | |
| Franchise Fee | Approx. Rs. 1 Lakhs |
| Infrastructure Investment | Rs. 7.5 Lakhs – Rs. 30 Lakhs |
How much is Medifield Franchise Commission?
Here is the royalty requirement of Medifield Pharmacy Business.
| Commission% / Revenue Sharing | |
| Franchisee | Approx. 92% |
| Franchisor | Approx. 8% |
How much time does it take for Medifield Franchise to breakeven?
Check out the Breakeven time of Medifield here.
| ROI Timeframe / Breakeven Time | |
| In Years | 1 – 2 years |
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What are the Medifield Master Franchise requirements?
| Master Franchise Details | |
| Franchise Fee | NA |
| Infrastructure Investment | NA |
| Commission% / Revenue Sharing | NA |
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What is the Medifield Franchise Infrastructure requirement?
| Infrastructure Required | |
| Shop / Unit Area | 250- 750 Sq.ft. |
| Employee Strength | 2 to 4 |
| Billing Counter | Compulsory |
| Product Display Area | Compulsory |
| Reception Area | Optional |
| Sitting Area | Optional |
| Lab Area | Not Required |
| Patients Room & Bed | Not Required |
| Doctor’s Rooms | Not Required |
| Airconditioner | Compulsory |
| CCTV Set-up | Compulsory |
| Computer / Internet Connectivity | Compulsory |
| Delivery Service | Optional |
What is the extent of Support provided by Medifield to its franchisees?
| Support from Brand | |
| Inventory Planning | Available |
| Product Pricing | Available |
| Service Pricing | Not Available |
| Offers | Available |
| Client Acquisition Support | Available |
| Client Interaction Training | Available |
| Relationship Manager Support | Available |
| Interior Design Support | Available |
| Interior Development Support | Not Available |
| Marketing Support | Partially Available |
| Monetary Support | Not Available |
| Business Management Software | Available |
| Online Tie-up Support – Delivery | Available |
| Website Support – For Order | Partially Available |
| Warranty / Guarantee Support | Available |
| Operation Manual | Available |
| Training Manual | Available |
What kind of Marketing Support is provided by Medifield to their Franchisees?
| Marketing Support by Brand | |
| Unit Interior & Exterior Ads | Available |
| Local Advertisement | Available |
| Digital Marketing | Occasionally Available |
| Television Advertisement | Not Available |
| Prints Advertisement | Not Available |
| Events/Seminars | Occasionally Available |
Does Medifield provide training to its business partners?
| Training by Brand | |
| Product Information Training | Provided |
| Product Display Training | Provided |
| Staff Training | Provided |
| Lab Training | Not Provided |
| Test Report Training | Not Provided |
| Basic Medical Training | Provided |
| Training Helpdesk | Provided |
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