Why

Medzo Franchise?

  • Medzo is a renowned and well-trusted for its numerous benefits and solidarity towards its customers
  • Medzo is India’s Fastest Growing retail pharmacy and that too in the shortest span of time
  • Medzo intends to open at least 25 stores in its Phase I i.e. 2025-2027 currently creating its foundation from Gurgaon.
  • Medzo is reputed in the industry for offering an excellent range of authentic medicines and other products, a dedicated customer service, and great value for money

Advantages

Of

Medzo Franchise

Proper Inventory Planning

At Medzo, we ensure that you don’t have to go through any such hassles as we provide automated inventory management and ordering as per local demand in order to avoid additional capital investment needs and minimize losses.

Quality and Authentic Medicine

• Medzo minimizes the risk of such an event from happening as we directly get all the products from manufacturers and authorized distributors only

Competition

Medzo is a pharmacy brand which is known for its reliability, quality products and availability of attractive discounts and loyalty schemes. Furthermore, Medzo provides up to 25% savings from time to time on medicines which an independent pharmacy won’t be able to offer.

Profitability and Gross Margin

Medzo is able to provide a huge assortment of high quality private label products as the brand has a huge scale. Thus, the brand can easily offer both medical and general products with a higher margin.

IT systems & technology support

At Medzo, we want our franchisees to work in an effortless manner. To ensure this, we provide all the systems and technological support required to handle the pharmacy – sales, purchases, customer records.

Investment Capital

With Medzo, you be required to invest only 16-18 lakhs, as Medzo has standards set and a list of fast moving initial inventory already in place to get the Franchisee going from day one.

Medzo Franchise Benefits

As a Medzo franchise you get to enjoy the value of the brand, that customers find easy to trust. You associate yourself with a name that stands for excellent customer service and brings its expertise.
Interiors

Providing interior designs in tune with the brand design and policies for the pharmacy

Training

Shall provide training of the staff hired on how to speak with customers and how to procure medicines on a day to day basis.

License

Provide assistance in procurement of drug license

Hiring

Shall assist with hiring of staff, setting up interviews with potential pharmacists and other staff required at the shop.

Pos System

That a POS System shall be provided by the Franchisor to the Franchisee for the purpose of inventory management and billing

Uniform

That the Franchisor shall provide uniforms for all the staff employed at the store of the Franchisee.

Promotion

Shall providing all kinds of graphics (imagery) for the purpose of promotions. All Pharma shall also assist in planning for execution of promotions

Procurement

Will assist with initial procurement of medicines and other stock shall introduce distributors of particular medicines in Gurgaon.

Property

Floor area requirement 200 – 250 Sq.ft Preferred location of unit franchise outlet -NCR

Enterprise

Franchisee training to be provided at Franchisee premise

Agreement

Standard franchise agreement franchise term for 5 Years mutually renewable after 5 years

Break-Even

With a Medzo Pharmacy a Franchisee will break even between 12-15 months in operations.

Key Franchise Facts

  • Area Required: 150 Sq. Ft to 250 Sq. Ft (Owned or Leased)
  • Investment: Rs 10 Lakh to Rs 20 Lakhs
  • Profit Margins: 25% to 50%
  • Tenure: 5 years

Why Medzo Pharmacy

  • Well Established & Reputed Brand name in Pharmaceutical Industry
  • Fully Approved & Licensed by regulatory authorities
  • 5 Star Amenities & Pleasant Ambiance & Infrastructure
  • 100% Focus on Cleanliness & Hygiene
  • Centralized Supervision & Monitoring
  • Centralized Medicine Purchasing
  • Centralized Inventory Management for Medicines & Lab Consumables

Medzo Pharmacy Products

  • Allopathic Medicines
  • Ayurvedic Medicines
  • Surgical Products
  • OTC Product
  • Daily Use Products
  • Other Medical and Wellness Products
  • FMCG daily use products

Company Support

  • Well Established & Reputed Brand name in Pharmaceutical Industry
  • Fully Approved & Licensed by regulatory authorities
  • 5 Star Amenities & Pleasant Ambiance & Infrastructure
  • 100% Focus on Cleanliness & Hygiene
  • Centralized Supervision & Monitoring
  • Centralized Medicine Purchasing
  • Centralized Inventory Management for Medicines & Lab Consumables

Investment Model for a Medzo Franchise

Franshise Investement Interior Requirements
Investment Amount approx INR 16 Lac- 18Lac Modular & Glass Framework
Medicines : 6 Lac to 7 Lac Power Backup – Inverter
Interiors : 6 Lac to 7 Lac Computers and Printers
Misscelaneos – 50,000 to 60,000 Point of Sale Machine
Total – 12.5 Lac to 15 Lac Air Conditioner, Refrigerator
Franchise/Brand Fee – INR 3 Lac Display and Branding
Franshise Investement
Investment Amount approx INR 16 Lac- 18Lac
Medicines : 6 Lac to 7 Lac
Interiors : 6 Lac to 7 Lac
Misscelaneos – 50,000 to 60,000
Total – 12.5 Lac to 15 Lac
Franchise/Brand Fee – INR 3 Lac
Interior Requirements
Modular & Glass Framework
Power Backup – Inverter
Computers and Printers
Point of Sale Machine
Air Conditioner, Refrigerator
Display and Branding
Franchise/Brand Fee – INR 3 Lac
Monthly Royalty Fee : 3 Lac of Revenue
( This shall be paid every month as calculated upon revenue of that month. )
Contract term : 5 Years
Break even : 12-15 Months