What does a MedPlus franchise cost in India?
Setup and interiors for a MedPlus franchise for the MedPlus Pharmacy format start from ₹15 L. On top of that you should budget a ₹2 L franchise fee, ₹8 L working capital.
What is the total upfront commitment for a MedPlus franchise?
Adding setup, franchise fee, working capital and deposit, the total upfront commitment starts around ₹25 L. The franchise fee alone is about 8% of that. These are the disclosed upfront figures only — they exclude ongoing royalty and running costs.
How much space does a MedPlus franchise need?
A MedPlus outlet needs from 400 sq ft for the MedPlus Pharmacy format.
How many MedPlus outlets are there in India?
MedPlus operates 4,500 outlets in India, and has been trading since 2006.
Who is eligible for a MedPlus franchise?
You will need capital of at least ₹15 L, a site of 400+ sq ft, readiness for a largely absentee role.
How does a MedPlus franchisee earn?
A MedPlus franchisee earns from customer sales at their own outlet through the MedPlus Pharmacy format. You earn on product margin rather than paying a percentage royalty. FRANticc does not publish per-outlet earnings for Indian brands unless the franchisor discloses them.
Is the MedPlus franchise offer genuine?
MedPlus' franchise programme is verified against a primary source. FRANticc links the source rather than relaying agent claims — https://www.medplusmart.com. Always confirm terms directly with the franchisor before paying any fee.
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 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.
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.
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.
