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  • Area Req
    300- 500Sq.ft
  • Investment Range
    INR Rs. 5lac - 10lac
  • Franchise Outlets
    Less than 10
Business Details

U Chemist highly recognized and well trusted brand for its integrity and the great benefits it offers to its customers. It has successfully built the largest retail pharmacy chain in India in the shortest time and operates a network of stores across 12 states and over 150 cities with over 1350 successful pharmacies. Uchemist is well known for providing quality and genuine medicines, superior customer service and great value for money.

What are the operational activities involved in running a retail pharmacy?

  • Retail pharmacy is similar to a trading business
  • Operations primarily consist of sourcing the required medicines and other general products from many suppliers and selling them to the end customers through the retail counter

To be able to do this successfully, a pharmacy should be well versed in these:

  • Identifying and estimating the demand for the products in the area
  • Maintaining stock levels and ensuring availability of the products
  • Minimizing stock loss due to expiry, damage, theft or pilferage
  • Identifying multiple suppliers for all the products
  • Negotiating prices, discounts and payment terms with the suppliers
  • Procuring in time and as per need
  • Maintaining necessary registrations, documentation and procedures to comply with the laws of the state and drug regulatory authorities
  • Maintaining a record of customer details, sales data and stock outs
  • Continuous updating of stock based on knowledge acquired over time
  • Managing the staff members involved in the pharmacy operations
  • Managing cash with an understanding of costs, revenue, profit and loss
  • Satisfying customers with great service
  • Generating demand by marketing and promotional schemes

Franchisee Details:

  • You can carry the pride of our success in your locality in a reputable profession with assured income
  • You are assured of the best training, knowledge, and support for running a large pharmacy because of our strong operations expertise and sourcing, technology and execution capabilities
  • You get to run a highly recognized brand pharmacy with a large mix of medical and general products at a very reasonable investment of Rs 17 lakhs to Rs 20 lakhs
  • You can avail a credit facility or loan from State Bank of India under a special scheme for about 60% of your investment requirement
  • You generate a volume of business that is 2 or 3 times higher than competition and enjoy higher customer retention and repeat purchases due to our brand pull and the attractiveness of our loyalty and reward program – FlexiRewards
  • You generate higher profits by having access to our high quality private label brands with higher margins

What are the advantages of a Uchemist Franchise in comparison with an independent pharmacy store?

As a Uchemist Franchisee, you are at an unparalleled advantage to address these challenges encountered in operating a pharmacy

  • Sourcing a high number of SKUs(Products) from a highly fragmented market
  • Proper inventory planning
  • Low quality and fake medicines
  • Competition
  • Profitability and Gross Margins
  • Online pharmacies
  • IT systems & technology Support
  • Additional sources of revenue
  • Investment capital

Investment Details

Commenced Operations

Operations Commenced On 2019

Franchising / Distribution Commenced On 2020

Franchise Details
Units

Investment INR Rs. 5lac - 10lac

Brand Fee INR 300000

Royalty/Commission 10 %

Expansion Locations
stateWise

PHARMACIES

North

Delhi,Haryana,Himachal Pradesh,Jammu and Kashmir,Punjab,Uttaranchal,Uttar Pradesh

West

Gujarat,Rajasthan,Maharashtra,Goa

East

Assam,Meghalaya,Mizoram,Tripura,Arunachal Pradesh,Manipur,Nagaland,West Bengal,Sikkim,Odisha

South

Kerala,Karnataka,Tamil Nadu,Andhra Pradesh,Telangana

Union Territories

Andaman and Nicobar,Pondicherry,Chandigarh,Lakshadweep,Daman and Diu

Franchise Details

Anticipated percentage return on investment 10%

Likely pay back period of capital for a unit franchise 2

Other investment requirements 50000

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 300 - 500Sq.ft

Preferred location of unit franchise outlet Noida

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Headoffice

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

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? No of years

Is the term renewable? Yes



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