How do MedPlus franchisees make money?
MedPlus franchisees earn revenue from retail pharmacy operations—the primary line is prescription and over-the-counter medication sales. Secondary income comes from front-end FMCG products including health supplements, personal care items, and wellness goods sold alongside pharmacy products. Revenue is largely driven by prescription refills and health-conscious consumer purchases.
What is the MedPlus franchise cost?
Total investment to set up a MedPlus franchise ranges between Rs 17.5 lakhs to Rs 20 lakhs, which includes the franchise fee and capital expenditure for store setup, fixtures, and initial inventory.
What revenue streams does a MedPlus franchisee have?
Primary revenue comes from prescription and OTC medicine sales. Secondary revenue is generated from front-end FMCG products including health supplements, vitamins, personal care items, and wellness goods.
Is MedPlus franchise revenue seasonal or steady?
Pharmacy retail demand is relatively steady throughout the year since prescription refills and health products are non-discretionary. Seasonal increases occur during monsoon and winter months when illness-related demand rises. Revenue stability is stronger in high-footfall urban locations near hospitals or clinics than in less saturated semi-urban markets.
Is MedPlus actively franchising in India?
Yes, MedPlus is actively franchising in India. The brand operates as a Franchise Company (FOCO) model and has built 4,500 stores since its founding in 2006, positioning itself as one of India's second-largest pharmacy chains by outlet count. The brand continues to expand through franchisees rather than company-owned units.
What is the minimum investment required to open a MedPlus franchise?
The minimum total investment for a MedPlus franchise is ₹15 lakh, which includes a franchise fee of ₹2 lakh, capital expenditure of ₹15 lakh for store setup and fixtures, and working capital of ₹8 lakh. This investment covers the setup of a 400–600 sqft pharmacy outlet with initial inventory and operational readiness.
Does MedPlus charge royalty to franchisees?
No, MedPlus does not charge royalty on revenue. This zero-royalty structure is a key feature of the MedPlus FOCO model, meaning franchisees retain all retail margin without sharing a percentage of sales back to the parent company. Franchisee profitability scales directly with store volume and inventory turnover.
How much space is required for a MedPlus pharmacy franchise?
A MedPlus pharmacy franchise requires a minimum of 400 square feet. This compact footprint is typical for neighborhood pharmacy retail and allows operators to establish a point-of-sale location in high-traffic residential, commercial, or healthcare-adjacent areas without significant real estate investment.
What is the franchise fee for MedPlus?
The MedPlus franchise fee is ₹2 lakh. This one-time fee covers brand access, supply chain enrollment, and initial training. The fee is separate from capital expenditure for store buildout and working capital, which together form the total investment of ₹15 lakh.
How many MedPlus outlets are there in India?
MedPlus operates 4,500 outlets across India as of the latest count, making it one of the country's largest pharmacy retail networks. This extensive store base, built since 2006, reflects the brand's sustained expansion through its franchisee model and established supply chain infrastructure.
Does a MedPlus franchise require a licensed pharmacist?
MedPlus does not formally require the franchisee themselves to hold a pharmacy license. However, operating a pharmacy outlet in India requires a licensed pharmacist (D.Pharm or B.Pharm) on staff during business hours to comply with regulatory standards. The franchisee typically hires a qualified pharmacist as a key staff member.
What level of owner involvement is expected in a MedPlus franchise?
MedPlus franchises require low owner involvement, classified as a passive investment model. The operator-managed structure allows franchisees to run the outlet through hired staff, making it suitable for investors who prefer not to be hands-on. However, location selection and inventory management remain critical to profitability.
What makes MedPlus different from other pharmacy franchise chains in India?
MedPlus differentiates through its zero-royalty FOCO model, which eliminates the revenue-sharing mechanism common in competitor franchises. This structure aligns franchisee and brand incentives around volume and inventory efficiency. With 4,500 stores and a brand-supplied supply chain, MedPlus offers established sourcing leverage that smaller competitors lack, though profitability remains highly location-dependent.
How does MedPlus supply inventory to franchisees?
MedPlus operates a brand-supplied inventory model, meaning the parent company provides pharmaceutical stock and FMCG products to franchisees through its centralized supply chain. This arrangement ensures consistent product availability, competitive pricing through bulk purchasing, and compliance with regulatory standards—reducing the operational burden on individual franchisees.
What is the franchise relationship model used by MedPlus?
MedPlus uses a Franchise Company (FOCO) model, in which the brand owns and manages the supply chain, training, and brand standards, while franchisees operate individual retail outlets. This hybrid approach gives franchisees local control over store operations and customer service while the parent company handles procurement, logistics, and strategic oversight.
How long has MedPlus been operating as a franchise brand?
MedPlus was founded in 2006 and has been expanding through franchisees for nearly two decades. Over this period, the brand has established 4,500 outlets across India, demonstrating sustained operational capability and supply chain maturity in the pharmacy retail sector.
