MedPlus Franchise in 2025: A Golden Opportunity You Shouldn’t Miss

Thinking of starting your entrepreneurial journey in India’s booming pharmaceutical retail sector? Consider the MedPlus franchise! 

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With over 4,230+ stores in 600+ cities across 10 states, it stands as the second-largest healthcare retail chain in the country.

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According to a report, India’s pharmaceutical industry is on a growth trajectory, projected to hit $450 billion by 2047.

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So, how can you be part of this success story? That is exactly what this blog will explore!

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Understanding the MedPlus Franchise Model in India

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Let us clear the basic facts first. If you belong to a town with a population of over 50,000, then only you will be considered an ideal individual for opening an outlet.

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Let us give you an overview of MedPlus franchise requirements:

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Area Specifications

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To own a MedPlus outlet, all you need is a prime location with high footfall and a shop space ranging from 300 to 500 sq. ft. A spot with excellent visibility and strong frontage will give you a winning edge.

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Investment Requirements

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Alright, let us get down to facts! 

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Launching a MedPlus outlet is a significant investment. Understanding the associated costs gives you a clear picture of the capital required for such a venture.

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‍: The total investment amount can vary depending on factors like business location and the size and condition of the premises. 

Moreover, the investment includes:

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• MedPlus franchise cost
• Refundable security deposit to the landowner
• Storage racks
• Interiors and branding materials
• Furniture and equipment
• Computer systems 
• Printer 
• Branded stationery 
• Necessary inventory

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MedPlus Franchise Profit Margin

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‍This is where it gets exciting! With this pharmaceutical brand, you can generate up to ₹25,000 to ₹50,000 or more per month. Your total profit, of course, depends on multiple factors.

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MedPlus Journey: From 2006 to 2025

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Founded in 2006 by Dr. Gangadi Madhukar Reddy, MedPlus began its journey in Hyderabad with 48 stores and a clear focus on expansion. 

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Today, it has a strong presence across Andhra Pradesh, Tamil Nadu, Telangana, Odisha, Karnataka, Maharashtra, West Bengal, Kerala, Chhattisgarh, and Madhya Pradesh.

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With 22,000+ employees (as of February 2024), MedPlus is engaged in

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• Retail and wholesale sales
• Contract manufacturing
• Import
• Manufacturing
• Distribution
• Diagnostics

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Term of Agreement Required to Open MedPlus Franchise

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When partnering with the MedPlus Pharmacy, you need to sign a Memorandum of Understanding (MOU). It is a formal document outlining the company’s terms and conditions. 

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Think of it as your gateway to a promising partnership!

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The best part is that it offers the flexibility to renew and grow further, as long as both parties see the value in continuing the journey together.

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MedPlus Franchise Support Services

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To make your start-up journey smooth and seamless, the franchisor will provide the following services:

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• End-to-end assistance in managing franchise activities
• Assistance in choosing the appropriate location for the outlet
• Help with lease finalisation
• Give proper training to you and your staff
• Facilitate a bank loan (conditions apply)
• Supply of all products sold through the store
• Support every step of the way in running your store
• Assist in auditing
• Providing all kinds of data, such as customer records

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Learn all about GST on medicines in India.

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5 Powerful Reasons to Own a MedPlus Franchise

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Still undecided? Here is why joining hands with MedPlus could be your smartest business move in 2025:

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1. Time-Tested Business Model

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With a solid brand presence and loyal customer base, MedPlus offers franchisees a secure and stable business environment.

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2. Smart Tech Integration

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This brand embraces technology wholeheartedly,  integrating online sales along with offline features. It means you can offer customers a seamless omnichannel experience.

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3. High-Earning and Growth-Ready

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Backed by well-structured investment and strong growth prospects, you can expect high returns on investment (ROI) with the MedPlus franchise in 2025.

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4. Robust Supply Chain Support

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Say goodbye to stock shortages and inventory headaches! MedPlus ensures a steady and timely inventory supply so you can focus on growing your business, not managing stock-related hassles.

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5. Hands-On Training and Business Support

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You are never alone in your journey. MedPlus equips you with comprehensive training, regular audits, and expert guidance so you can run your store smoothly and meet top performance standards from day one.

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4 Steps to Getting Started with the MedPlus Franchise 

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You must be convinced at this stage! Now, explore the simplified roadmap for how to start a MedPlus outlet in your location and get your business off the ground:

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Step 1: Do Your Homework

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First, evaluate your capabilities. 

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Do you have a net worth of at least ₹30 lakh? Do you have prior working experience in pharmacy or small business management? 

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MedPlus prefers serious partners with hands-on experience.

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Step 2: Make a Professional Approach

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Visit the official MedPlus website and select the 'Contact Us' button to contact the brand representatives. 

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Another way to reach out to the personnel is to directly call the MedPlus franchise contact number, which is 040 6700 6700. 

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The team will provide you with a MedPlus franchise application form. Fill it out with the required details.

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Moreover, any interested individual can register themselves by sending an email to franchise@medplusindia.com or by making a call to the head office.

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• Andhra Pradesh and Telangana: +91 8688581100
• Karnataka: +91 8431002002
• Tamil Nadu: +91 7305405500

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Step 3: Draft a Comprehensive Business Plan

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You will need to develop a solid plan that mentions your understanding of the market, strategy to generate profit for a specific location and your financial capabilities.

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Step 4: Signing the Dotted Line

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Clear all the hurdles?

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At this stage, you will move forward to establish a viable partnership legally. This is when you will sign the MOU outlining all the conditions, durations, rights, and obligations of your collaboration.

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6 Documents Required for MedPlus Franchise

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1. PAN details
2. Aadhaar details
3. GST registration certificate
4. Standard franchise agreement
5. Rental agreement 
6. Trademark rights agreements

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Eligibility Criteria for MedPlus Franchise

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To become a MedPlus franchisee, you should meet the following criteria:

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• Hardworking, diligent, and dedicated to managing a pharmacy business
• Ability to supervise operations personally, not relying solely on staff
• Basic understanding of business terms, franchise model, profit margins, etc.
• Having a pharmacist degree will be an added benefit, but it is not mandatory
• Minimum educational qualification: SSC or Intermediate level
• Experience in retail or small business management is advantageous

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Final Thoughts

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Owning the MedPlus franchise could be a smart move for entrepreneurs aiming to enter the pharmaceutical retail space in 2025.

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With a strong market reputation, technology-driven operations, and customer-centric services, MedPlus offers all the essential tools for success. 

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What truly sets it apart is its exceptional support system, right from planning the store layout to providing branding materials, modern furniture, and electronic essentials. 

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If you are seeking a franchise that is not just profitable but also future-ready and reliable, MedPlus is a clear front-runner.

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Frequently Asked Questions

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1. How much does a MedPlus franchise cost?

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A MedPlus franchise can cost between ₹16 lakhs and ₹23 lakhs, based on store location, size, and infrastructure requirements.

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2. What are the criteria for the MedPlus franchise?

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To own a MedPlus store, the basic requirement is an SSC/Intermediate qualification. The candidate should be hard-working, dedicated, capable of managing daily pharmacy operations and possess basic business knowledge.

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3. What is the profit margin of the MedPlus franchise?

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The franchise owners can expect a profit margin of up to 20% on medicines. However,  higher margins are available for some specific medications.

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4. What is the MedPlus space-related requirement?

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A MedPlus store requires a space of 300-500 sq. ft. in a premium location in the city with excellent visibility.

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5. What is the monthly income of a MedPlus store owner?

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The monthly income of a MedPlus owner can go up to ₹50,000 or more, depending on the location.