1mg 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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1mg Franchise Summary
| Brand Summary | |
| Line of Business | Pharmacy |
| Unit / Shop Area | 200 – 500 Sq. ft |
| Commission% / Revenue Sharing | Approx. 95% |
| Total Investment | Rs. 2.1 Lakhs – Rs. 5.1 Lakhs |
| ROI Timeframe | Approx. 1.5 years |
What do you know about 1mg Franchise?
1mg is one of the Best Pharmacy business in India.
| About the Brand | |
| Industry | Healthcare |
| Business Line | Pharmacy |
| Organization Type | Private |
| Head Office | Gurgaon |
| Founder | Prashant Tandon, Gaurav Agarwal and Vikas Chauhan |
| Founded In (year) | 2015 |
| No. of Franchise Outlets | 20+ |
| Master Franchise Model | Not Available |
| Franchise Tenure | 1 year |
| Franchise Location | All over India |
| Business Set-Up Time | 1 to 2 months |
| Franchise Commencement Year | 2018 |
What is the 1mg Franchise Investment Requirement?
Investment includes Franchise Fees & Infra Requirement.
| Investment by Franchisee | |
| Franchise Fee | Approx. Rs. 10,000 |
| Infrastructure Investment | Rs. 2 Lakhs – Rs. 5 Lakhs |
How much is 1mg Franchise Commission?
Here is the royalty requirement of 1mg Pharmacy Business.
| Commission% / Revenue Sharing | |
| Franchisee | Approx. 95% |
| Franchisor | Approx. 5% |
How much time does it take for 1mg Franchise to breakeven?
Check out the Breakeven time of 1mg here.
| ROI Timeframe / Breakeven Time | |
| In Years | Approx. 1.5 years |
Start a Pharmacy Franchise Now!
What are the 1mg Master Franchise requirements?
| Master Franchise Details | |
| Franchise Fee | NA |
| Infrastructure Investment | NA |
| Commission% / Revenue Sharing | NA |
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What is the 1mg Franchise Infrastructure requirement?
| Infrastructure Required | |
| Shop / Unit Area | 200 – 500 Sq. ft |
| Employee Strength | 2 to 5 |
| 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 1mg to its franchisees?
| Support from Brand | |
| Inventory Planning | Available |
| Product Pricing | Available |
| Service Pricing | Not Available |
| Offers | Partially Available |
| Client Acquisition Support | Not 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 | Partially 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 1mg to their Franchisees?
| Marketing Support by Brand | |
| Unit Interior & Exterior Ads | Available |
| Local Advertisement | Available |
| Digital Marketing | Not Available |
| Television Advertisement | Not Available |
| Prints Advertisement | Not Available |
| Events/Seminars | Not Available |
Does 1mg 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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