PharmEasy Franchise Cost & Profit Margin: How to Apply for PharmEasy Health Partner, Eligibility

As we all know, the Healthcare Industry is one of the fastest growing and largest industries in the world, which is demandable in all seasons. The Pharmacy stores and Clinical stores are one of the most profitable startups these days, which is never a loss. So, if you are interested in starting the journey in the medicine & healthcare industry, then this opportunity is for you. “PharmEasy” is an Indian multinational e-pharmacy company that sells medicines, diagnostics, and telehealth care online.

The PharmEasy has started a Franchise business opportunity recently for those, who are interested in working passionately with the PharmEasy company. Here, we will share all the details regarding the PharmEasy Franchise Cost & Profit Margin along with the details of How to Apply for PharmEasy Health Partner, Eligibility, and other related details. Stay tuned to the post for more.

PharmEasy Franchise Cost & Profit Margin

Let us tell you that ‘PharmEasy Pvt Ltd” is one of the most growing brands and an Indian multinational e-pharmacy company. They are prominently providing Medicine delivery & Healthcare services. The total revenue of PharmEasy is ₹5,729 crore and net income is ₹2,731 crore as per the Financial Year of 2023. The company was founded by Dharmil Sheth and Dhaval Shah in 2015 and the headquarters of PharmaEasy company is in Mumbai, Maharashtra, India.

However, the PharmaEasy is spreading over 1000+ cities in India as per the data of 2021. The company is continuously promoting and expanding its brand to reach out to more people in the country. There is a loss of competitors in the market. So, they started their franchise opportunity to increase the branches of the company. If you want to take the franchise of PharmEasy, then you should know about the Investment Cost, Profits, and Application process for it. In this article, you will get all the details regarding How to Open a PharmEasy Franchise in India including the Investment Cost, Profit Margin, and Requirements.

PharmEasy Health Partner Business Opportunity – Overview

PharmEasy Franchise Eligibility Criteria

To apply for the PharmEasy Franchise, you have to fulfill the eligibility criteria defined by the PharmEasy. Look at the below details:-

• The applicant should be at least 21 Years Old.
• You are not required by special degree to join the PharmEasy Franchise.
• The location and area should be based on the requirements of Pharma Easy.
• People have sufficient investments for the business along with working capital.
• A laptop or desktop is required for the business.
• You should have at least a 10th or 12th-grade qualification.

Requirements to Set Up PharmEasy Franchise Store

Here we are sharing the complete details regarding the PharmEasy Franchise store requirements. Just look at the below details:-

1. First, you have to require an Area of 300-500 Sq ft. It will include the Store for Products Showcase and a godown to store the products.
2. After that, you have also required the investment, which is must essential part of the franchise. You need to approximately Rs 12-17 Lacs. It will included with all Capital expenditures & Operating expenses.
3. You need to provide some essential personal & business-related documents. It will include Identity proof Documents., Address Proof Documents, Bank Statement Proof, Pharmacist Degree & Trade Licences. Along with fssai license, etc.
4. You should also require the Staff. You have at least 3-4 Satff to manage your sales and customers, and if you prefer delivery, then delivery men also.
5. You need also some equipment such as the AC, Furniture, Computer, Printer, CCTV, Defreezers & Etc.

Required Documents for PharmEasy Franchise Shop

• Aadhar Card
• PAN Card
• Electricity Bill as Address Proof
• GST Number and GST Certificate
• Certificate of Incorporation
• Shop Or Unit Establishment License
• Passport Size Photographs
• Bank Details
• Cancel Cheque
• Email & Contact Number
• Drug License
• Trade License

How to Apply for the PharmEasy Health Partner Program?

To apply for the PharmEasy Health Partner Program, you have to follow the steps given below;

1. Visit the official website of PharmEasy @https://pharmeasy.in/.
2. On the home page, click on “Partner with PharmEasy” under the Company Section in the footer bar.
3. A new interface will be open, it will contain information regarding the franchise details.
4. Look at the complete details and then go to the Partner with us form.
5. You have to enter the details like Name, Mobile Number, Email, Pincode and some other details.
6. After providing all the details, just click on the Submit button. Your application will be submitted.
7. You have to wait for the response of the PharmEasy Team. They will shortly contact you.

PharmEasy Franchise Store Investment Cost

In this section, we will discuss the Investment Cost of opening the PharmaEasy Franchise Store. To start the medical store, you have to have sufficient investment amount. You have to require an investment of INR 12-17 Lacs. It will be included with Franchise Fees, Infrastructure Costs, Staff salaries, inventory management costs, and so on. Just look at the details below about the Investment-

PharmEasy Franchise Business Profit Margin

Everyone is curious to know about the PharaEasy Franchise Profit Margin. So, you will get approximately, 16- 20% of Net Profit after deducting all the expenses. If assumed, you have made sales of 10 Lacs per month, then you should easily get the monthly Net Income of Rs 2-3 Lacs. You have to deduct all expenses from the gross sales to get the net profit value. You would earn a commission of Rs.1 Lakh on the sales of all medicines and other products. The ROI time break is 12-24 Months.

Inquiry Contact Details of PharmEasy Franchise

• Online Pharmacy & Medical Store in India
• Contact Number: 7666100300
• Email ID: [email protected]
• Official Site: https://pharmeasy.in/

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