MedPlus Pharmacy Franchise Fee: Investment Cost, Profit Margin, Contact Number

Investment Cost Franchise Fee Franchise Owned Stores Contact Details
16-24 lacs 1 lacs 100+ [email protected]

MedPlus is one of the top fast-growing healthcare retail chains in India which was launched by Dr. Madhukar Gangadi in the year 2006. In current years Medplus has grown into 1400 pharmacies all over the country. It serves over 2,50,000 daily customers and over 10,000 people are employed under it.

It helps self-employed individuals by providing them with the franchise of MedPlus Pharmacy to achieve success in the pharmacy business. From the beginning, the MedPlus pharmacy has traveled by long road to open more than 1500 stores all over India within the last decade. In the year 2015, MedPlus launched online services in pharmacy which is Below, we have provided details about MedPlus Pharmacy Franchise 2024 Apply Online, Investment Cost, Profit & Requirements.

MedPlus Pharmacy Franchise 2024

As we know India is growing in the field of Pharmaceuticals spreading its wings in new markets. MedPlus is a pharmaceutical chain whose mission is to a turnaround and revolutionize health care and medical deficiencies in India. It employs thousands of employees, and this company manages a chain of medical-oriented as well as optical-oriented stores.

MedPlus is a company that opened with the intention to provide safe and affordable health care instead of fake medicines being flooded in the market as this company holds a major market in India. In this article, we will share with you all the important information regarding MedPlus Pharmacy Franchise 2024 Apply Online, Investment Cost, Profit, and Requirements.

MedPlus Pharmacy Franchise Overview


field assistance available Always
Franchisee training location Ahemdabad
 standard franchise agreement For 5 Years
Rent Depends on location
Profit 35 -45 % Per Year

Key Benefits of  Medplus Dealership

Here is the list of Benefits to Start a Medplus Franchise in 2024 below:

  1. It offers a credit facility or loan from a Bank initially under the special scheme for which a basic investment is required.
  2. It provides the best training sessions, support, and knowledge to run a huge pharmacy sector.
  3. In MedPlus sales and staff are more accessible to maintain thousands of brands, stocking, payments, and product sourcing.
  4. It provides high-quality label products for both medical and general segments with a high margin which results in high recommendations.
  5. It offers good services all over India and provides online and offline services.

Eligibility Criteria

The Applicant must be eligible for the following list of Eligibility Criteria below mentioned:

  • The Individuals should be hard-working, diligent, and dedicated to their work.
  • They should be able to manage all the operations related to pharmacy.
  • They should be capable of doing the fundamental calculations and understanding all trade terms.
  • The Candidate should have finished their Intermediate level education or SSC.
  • If you have any previous experience in pharmacy then it would be beneficial to you.

Location & Premises Criteria

population of Small Town more then 51000
Minimum Area in Commercial Main market 350 Sqft

MedPlus Pharmacy Franchise Investment Cost

MedPlus pharmacy also offers a loan facility with the help of SBI Bank which helps to start the Medplus pharmacy franchise to a franchisor with a basic investment capital of around 6 lakh. Here is the list of includes the cost for MedPlus Pharmacy:

Total investment required Depending on Location & Size Covers Following:- 16 to 24 Lakhs
franchisee fee 1 Lakh
Rental advance (Shop Owner If Rented Property) Generally 3 Month Advace (40000*3=120000RS)
interiors 2 Lakh
storage racks 4 Lakhs
furniture 50000 Rs
computer systems and printer
30000+12000= 42000 Rs approx
branded stationary and initial inventory (stocks)
7 t0 8 lakhs

Medplus Pharmacy Franchise Profit Margin

Cost In India  Rs 16 to 24 lakhs
Profit Margin 35 to 45% for Sales
pay back period of capital for a Unit Franchise 6 months – 1 year

MedPlus Franchise Contact Number

Phone Number  040 – 6700 6700
Email [email protected]
Address  MedPlus Health Services Pvt. Ltd. GSR Estates, C Block, D.No. 11-6-56, Survey no. 257 & 258/1 Opp: IDPL Railway siding Road, Balanagar, Hyderabad, Telangana 500037, India.

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