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Meeram Health Care is fastest growing retail pharmacy in eastern region. We are the first health mall of India, where you will get all healthcare needs under one roof (Branded Medicines, Generic Medicines, Orthopaedic soft goods and Hard goods, Veterinary medicines, Pet foods and products) and services (free OPD consultation, free eye check-up and pathological test at minimum cost).
Currently, the company operates 11 stores, six of which are franchisee-owned, with plans for further expansion.
Meeram Health Care follows an innovative "Online-to-Offline" (O2O) business model, offering customers the flexibility to shop through both an online marketplace and physical retail stores. The company operates an asset-light, franchise-driven business model, which allows for rapid scaling and deeper market penetration across various geographical locations.
The franchise model also makes it possible for the company to establish new stores in smaller towns and cities, particularly in Tier 2, 3, 4, and 5 regions, where healthcare services are often limited. The stores are designed as small-format, FOCO (Franchise Owned, Company Operated) retail outlets, strategically placed in densely populated areas to ensure they cater to the largest number of people.
The range of products and services offered by Meeram Health Care includes:
With this diverse and comprehensive offering, Meeram Health Care is positioning itself as a one-stop solution for all healthcare needs, delivering high-quality products and services that cater to every aspect of an individual's health and wellness. By tapping into underserved markets and leveraging its franchise model, the company is set to continue its rapid growth and create a positive impact on healthcare accessibility in India.
Operations Commenced On 2019
Franchise Commenced On 2022
Investment INR 50lakh - 1 Cr.
Franchise/Brand Fee INR 500000
Royalty/Commission 2 %
Anticipated percentage return on investment 20 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
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Odisha
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Type of property required for this franchise opportunity Commercial
Floor area requirement 1500 - 2500 Sq.ft
Preferred location of unit franchise outlet MARKET AREA
Detailed operating manuals for franchisees Yes
Franchisee training location Cuttack
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.
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