Netmeds 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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Netmeds Franchise Summary
Brand Summary | |
Line of Business | Pharmacy |
Unit / Shop Area | 300 – 500 Sq.ft |
Commission% / Revenue Sharing | Approx. 90% |
Total Investment | Rs. 11 Lakhs – Rs. 51 Lakhs |
ROI Timeframe | 0.5 – 1.5 Years |
What do you know about Netmeds Franchise?
Netmeds is one of the Best Pharmacy business in India.
About the Brand | |
Industry | Healthcare |
Business Line | Pharmacy |
Organization Type | Private |
Head Office | Chennai |
Founder | Pradeep Dadha |
Founded In (year) | 2014 |
No. of Franchise Outlets | 7+ |
Master Franchise Model | Not Available |
Franchise Tenure | 5 years |
Franchise Location | All over India |
Business Set-Up Time | 1 to 2 months |
Franchise Commencement Year | 2018 |
What is the Netmeds Franchise Investment Requirement?
Investment includes Franchise Fees & Infra Requirement.
Investment by Franchisee | |
Franchise Fee | Approx. Rs. 1 Lakh |
Infrastructure Investment | Rs. 10 Lakhs – Rs. 50 Lakhs |
How much is Netmeds Franchise Commission?
Here is the royalty requirement of Netmeds Pharmacy Business.
Commission% / Revenue Sharing | |
Franchisee | Approx. 90% |
Franchisor | Approx. 10% |
How much time does it take for Netmeds Franchise to breakeven?
Check out the Breakeven time of Netmeds here.
ROI Timeframe / Breakeven Time | |
In Years | 0.5 – 1.5 Years |
Start a Pharmacy Franchise Now!
What are the Netmeds Master Franchise requirements?
Master Franchise Details | |
Franchise Fee | NA |
Infrastructure Investment | NA |
Commission% / Revenue Sharing | NA |
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What is the Netmeds Franchise Infrastructure requirement?
Infrastructure Required | |
Shop / Unit Area | 300 – 500 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 Netmeds 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 Netmeds 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 Netmeds 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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