Are you willing to start a Medical Franchise in India? If yes then today in this Article we will be discussing how to apply for India’s oldest and most respected Private pathology laboratory chain with over 60 years of experience in providing pathology services known as “Dr Lal Path Labs”. With over 6 decades of experience and over 3500 test menus today Dr Lal Path Labs has presently served over 12 million customers across India. Currently, Dr Lal Pathlabs is a well-known name in India’s diagnostic and allied healthcare tests and services industry. If you want to invest in Dr Lal PathLabs Franchise Registration then below check the Requirements, Investment Cost, Profit Margin, Enquiry Contact Number, etc.
Dr Lal PathLabs Franchise Company Overview
| Name of the Company | Dr Lal Path Lab. |
| Establishment year | 1949 |
| Founded by | Late Dr. Major S.K. Lal |
| Area Served | Pan India |
| Industry Type | Medical |
| Business Model | Self-Owned and Open to Franchise Model. |
| Current Diagnostic Labs centers | 190 and 1700 patient service centers |
| Corporate Headquarters | Gurgaon Haryana |
| Current Revenue | 2987 Crore |
| Official Company Website | http://www.lalpathlabs.com |
Dr Lal Path Lab Franchise Centre Investment Cost
If you want to Start Dr Lal Path Diagnostic or Collection Center in India please find below the details about the Cost, Investment, and Minimum Space Required:-
| Company Name | Dr. Lal Path Lab |
| Franchise Type | Health Care and Diagnostic Centre. |
| Outlet Type |
|
| Initial Security Deposit Fees | Franchise/Brand Fee: ₹50,000 |
| Collection Centre Franchise Fees
Diagnostic Centre Franchise (Excluding lab testing instrument) |
3-4 lakhs
25 lakhs |
Minimum Area Required
|
|
| Royalty Commission | 25 to 30% |
| Monthly Rent | Rs 50,000 to 1 lakh Approx |
| Medical Equipment and Machinery and Staff salary | 4 to 5 lakhs |
|
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Profit Margin of Dr. Lal Path Labs Franchise Model
Dr. Lal Path Labs is a very well-known brand with a nationwide footprint, customer base, a proven business model, and low start-up cost one might reasonably anticipate a robust profit margin from 12 to 18%. The Commission offered by Dr Path Labs is around 20% on each test conducted by the Franchisee unit holder. You also need to find a good location considering all these factors and the parent company’s reputation the franchisee can easily achieve a Net Profit of 1 lakh monthly.
How to start a Dr. Lal PathLabs Franchise Store?
Please check below the Application process for Dr. Lal PathLabs Franchise in 2024:-
- Navigate to the Official Website of Dr. Lal Path Labs by clicking on the link here => https://www.lalpathlabs.com/business-partnership/become-a-franchise
- Once you reach the web homepage, Click on “Apply Now” at the bottom of the page.
- You will redirected to a new page fill in the Franchise Application form by entering your Name, email ID, Phone number, and Business Profession.
- Once you enter your mobile number you will receive an OTP enter your OTP number and Click on the Submit button.
- The Management team will contact you directly once they receive your Application details.
- Dr Lal PathLabs evaluates your application, conducts assessments, and might perform background checks.
- As an Applicant holder, you require some kind of background experience in the medical industry if you want to be eligible for the franchise.
- If approved, you’ll receive a franchise agreement from Dr Lal PathLabs.
- Review this legal document thoroughly to understand the terms and obligations.
- Participate in training sessions provided by Dr Lal PathLabs to understand operational standards, quality control, and procedures.
- Conduct trial runs or soft launches to test operations and ensure everything is functioning smoothly.
- Plan and execute a grand opening event to attract customers and create awareness about the new franchise location.
- Implement promotional activities to market the services offered.
- After the setup, the brand will continue to provide support in various aspects, including marketing, sales, and advice on maintaining the equipment and the laboratory operation.
Dr Lal Pathlabs Franchise Business Support
- A highly skilled staff would provide comprehensive management services to enable project planning and execution.
- Dr Lal Path Labs has several brands under its umbrella, including Swasthfit, Sugarnme, OncoPro, and NephroPro.
- Dr Lal Pathlabs franchise will Provide marketing and sales support to local medical fraternities and hospitals to promote the services.
- Advice on the equipment to be placed in the laboratory and assist in obtaining it at a reasonable price.
- Dr Lal PathLabs would contribute to the design and operation of the lab. The project will be carried out under the surveillance of the Project Management Team to meet the high Dr Lal PathLabs criteria.
- The franchise would provide the Laboratory Information Management Software (LIMS). For the first time in India, this software offers the unique capacity to execute tests via bar–code reading of clinical specimens and a bi-directional interaction with diagnostic tools, enabling a complete “hands-off” testing or fully automated testing and reporting procedure that allows staff to focus more on their work and avoid distractions more frequently.
Contact Details of Dr. Lal Path Lab Franchise Enquiry
If you wish to Directly Contact the Company please find the details below:-
- Dr Lal PathLabs Ltd.
- Regd. Office: Block E, Sector -18, Rohini, New Delhi – 110085
- CIN: L74899DL1995PLC065388
- Telephone No: (+91) 124-3016-500
- Fax Number: (+91) 124-4234-468
- Email ID: [email protected] / [email protected]
Conclusion:
Pathology is an essential part of the healthcare sector since it supports doctors by analyzing samples of human body tissues and fluids and determining the possibility of diseases or health problems. As a result, opening a Dr Lal Path Lab Franchise in your region will allow you to access not just the franchise sector, but also the fast-growing health sector. Therefore, choosing to start a Lal Pathlabs franchise is an excellent choice.
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