Are you an investor or a pharmacist looking for a right business opportunity in the healthcare industry, starting a Sanjivani Pharmacy franchise can be your next best move. Sanjivani is the one stop shop for all medical needs which was founded in 2006 and commenced franchise from 2015. Today it has become the most trusted brand name in Pharmaceutical retailing with a network of more than 40 stores in India providing medicines at affordable rates. The company is looking forward to expanding its operations throughout India by means of a franchise and for this it requires you! Read on to know more about Sanjivani franchise cost, expected profit and other requirements.What is the franchise cost to open a Sanjivani Pharmacy business in India?
Sanjivani franchise business cost comes around Rs.18-20 lakhs of investment and the franchise fee is Rs.3.5 lakhs. The term of agreement of franchise is 5 years. Sanjivani medical stores franchise gives you an attractive ROI of 70% approximately and likely payback period is 1.6 years.
How much space is required to open Sanjivani medical store franchise?
Generally medical store business does not require much space. It is just enough if you have 100 sq ft to 300 sq ft of space to run Sanjivani pharmacy business.
Is it profitable to open a Sanjivani franchise in India?
Sanjivani pharmacy is a retail business model which earns you a great ROI. Sanjivani stores have all sorts of medicines ranging from, Allopathic, Ayurvedic, Homeopathic, OTC, Surgical and other General daily use products at affordable price to the end consumers. With a wide range of products, it becomes easy to run the retail shop. The company provides promotional inputs such as visual aids, gift items, remainder cards to run the stores. If any new product is launched, it will be in your franchised store and so you will never miss a prescription. Further, you will get the monopoly rights of Sanjivani so you will be the only dealer of Sanjivani medical stores and there will be no other franchise store of Sanjivani around your area. Rest assured you will get all sorts of support from the company like marketing support, preopening support, outlet design, artificial intelligence system etc. So are you ready to become a Pharmacy franchise owner of Sanjivani?
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