MedPlus Pharmacy Franchise Cost, Profit & Requirements

Considering entering India in the growing pharmaceutical mail order business? MedPlus pharmacy franchise cost is a golden opportunity to all business men in the field of healthcare who aspire to venture into business.

The pharmaceutical business in India is developing rapidly and will reach a value of up to 450 billion dollars in 2047. Organized pharmacies claim an approximate 15% of the market and increase 18-20% annually. This is an opportune moment to consider the possibility of franchising due to increasing expenditure on medical services and the willingness of the population to shift to major pharmacy chains.

MedPlus is a pharmacy retail chain in India that has over 4500 stores in 12 states, which is the second-largest pharmacy retail store in India. It has a high level of trust and reach with approximately 12m customers each month. Before you make up your mind on whether to start your own business, you must know how much money you will invest in it and the profits you are likely to make.

Why MedPlus Is a Popular Pharmacy Franchise in India

The MedPlus pharmacy franchise cost is competitive since the brand has a positive history and support. It has an accounting value of over 10,000- crore and it has been functioning over a period of 18 years thus the owners can trust this company.

• Established Market Leader: MedPlus is the largest on and off line pharmacy. It possesses 4,500 stores and a powerfully built e-commerce platform, MedPlusmart.com, which is available to customers anywhere.
• Technology-Driven Operations: The franchise operates the latest inventory policy, online payments and customer solutions, which simplify the work and enhance the customer experience.
• Comprehensive Training Programs: Franchisees receive an extensive training in operating a pharmacy, adhering to regulations, table management, serving and expanding the business.
• Reliable Supply Chain Network: MedPlus will have a very dependable supply system that ensures that products are available at all times. This will prevent customers being dissatisfied and maintain sales at a stable level.
• Growing Customer Base: The brand has already started with a customer base of 12 million customers per month with a high level of loyalty with a consistency of quality foot traffic in franchise stores.

About MedPlus Pharmacy Franchise

The franchise package includes all there is to start a pharmacy in a town of over 50,000 inhabitants. MedPlus began in 2006, when it had 48 outlets in Hyderabad and currently it is present in 680+ cities. It operates in retail trade pharmacy, wholesale, contract manufacturing, diagnostics and e-commerce. It has about 24,000 employees in 2026. The franchise model allows the new owners to use the infrastructure of the company as they operate a store of their own.

Company Overview & Years in Operation

In the year 2006, Dr. Gangadi Madhukar Reddy started MedPlus. This was aimed at ensuring that good health care became accessible to people in India. The company has achieved a considerable amount within the pharmacy retail industry in 18 years.

MedPlus is a publicly traded company with a market of over ₹9,400 crore to ₹9,900 crore (94-99 billion INR). It is functioning in numerous states: Andhra Pradesh, Telangana, Tamil Nadu, Karnataka, Maharashtra, Odisha, West Bengal, Kerala, Chhattisgarh, Madhya Pradesh, Gujarat and Rajasthan.

Number of Stores Across India

It has more than 4,500 stores across 12 states and serves 680+ cities, including metros, tier-2 and tier-3 locations to access the largest number of customers. MedPlus expands with a number of stores within the same region making operations easier. It has been adding approximately 450 new stores in 2025 26 that have kept the heavy growth rate despite the challenges of the market.

Business Model (Retail Pharmacy + Digital Integration)

The franchise provides you with an omnichannel phenomenon which integrates brick and mortar shops with online retailing. MedPlusmart.com takes a large number of daily delivery and pick-up orders. This combination appeals to the techno customers and at the same time draws in the walk in traffic. The tech and marketing are not handled by the franchisees, but the company does. About 20% of all sales are made online and the online sales increase 35% annually.

Reputation & Brand Trust in the Healthcare Sector

New franchisees are able to easily get customers since the brand is well known. MedPlus believes in actual goods and has quality assures. It is rated as one of the most reliable pharmacy chains in India as more than 85% of the people put their trust in it, according to surveys.

The company has acquired numerous retail and service and good governance awards. Its customer retention of over 70% is encouraging of a sound business that is able to withstand market fluctuations.

How the MedPlus Franchise Model Works

Understand the business operation first before you look at the cost of the franchise. The contract is five years with renewal possibilities providing long term stability. By 2026 it has 3,800 franchises.

• Franchise-Owned Retail Format: You are the owner and operator of the store, however, you are branding, products and technology and rules under MedPlus to make customers have a similar experience.
• Centralized Product Procurement: All the goods are purchased by MedPlus separately and shipped to your store. This maintains low prices, quality and prevents hassles with other suppliers.
• Technology-Enabled Operations: The franchisees obtain programs that address billing, stocking, client information and purchase reports, which are connected to the MedPlus central systems.
• Performance-Based Relationship: Shop performance receives monitoring by the company on audit, customer reviews and sales. It provides tips and suggestions on how to make profits improved.
• Shared Growth Philosophy: MedPlus’s focus is on your achievement in terms of volume rewards, promotion, and constant training; hence, your store’s achievement is the same as that of a large company.

MedPlus Pharmacy Franchise Cost in India (Detailed Breakdown)

Total Investment Required

Depending on the location, store size, and building required, the franchise fee ranges between 16 lakh to 23 lakh. This finances the entire store set-up allowing one to commence immediately.

The higher end of the fee is typically required in stores in large cities, as rent and interior design are more expensive. Smaller towns and cities have a cost between 16 lakh and 18 lakh which is cheaper to begin with.

Future franchisee is to retain additional funds of 3 lakh to 5 lakh separately as an early expenditure, unforeseen expenditure and to maintain cash flow as the store works towards developing a customer base and consistent revenue.

Cost Components Explained

The MedPlus pharmacy franchise fee includes several significant components to establish a functioning pharmacy. This knowledge of the list will help you plan your finances and ensure you get the money you deserve.

• Store Infrastructure and Interiors: Approximately 5-6 lakhs would be required on advance rent, interior design, flooring, lights, air conditioning and minor building modifications. It also comprises of signs, display shelves, and waiting rooms to keep pace with MedPlus.
• Furniture, Fixtures and Equipment: The storage shelves, customer checkout counter, customer chairs, medicine shelves, medicine coolers that require chilling and security cost around 3-4 lakhs. They need to comply with MedPlus quality standards.
• Technology and Systems: 1.5- 2 lakhs purchases computer hardware, billing programs, barcode scanners, printers, the internet, and backup power. These are linked to the central system of MedPlus to control the stock and sales in real-time.
• Start-Up Inventory Stock: The working capital will require around 5-7 lakhs of money to purchase initial medicines, over-the-counter goods, medical apparatus and wellness merchandise. MedPlus delivers these on a credit basis, and thus you do not require all the amounts at once.
• Branding and Marketing Materials: The expenditure is approximately 1-1.5 lakhs on branded stationery, prescription cards, fact sheets of medicine, loyalty cards and local opening expenses. MedPlus provides instructions and resources in order to appear like every other outlet.
• Security Deposit: You will pay a refundable deposit of 2-3 lakhs of dollars to MedPlus as a performance guarantee. After the expiry of the franchise term, you put back what you obtained assuming dues are cleared.
• Licensing and Registration: 50000-75000 includes drug license, GST registration, the local permit, the fire safety certificate and legal documents. These are needed in installing an Indian pharmacy.

MedPlus Franchise Eligibility Criteria

Becoming a MedPlus franchisee is a choice that comes ushering on some qualification requirements that make the brand strong. The price is just to people who can demonstrate that they have money and are willing to operate the business.

• Educational Qualification: You must have a SSC (10 th ) or intermediate (12 th ). A degree in pharmacy ( B.Pharm, D.Pharm, M.Pharm ) is unnecessary, but is beneficial. In case you do not possess a degree, you are required to employ a licensed pharmacist.
• Financial Capacity: Net worth of 30lakhs would be required. It demonstrates that you will be able to keep the shop as it would take several months to receive profit and be able to address unexpected situations.
• Personal Involvement: The owners of this shop must not be investors only since MedPlus wants to have individuals who operate the shop on a daily basis. Their desire is to see individuals, who love customers, employees, and the company.
• Business Skill: You must know the rudiments of retail business, how to keep stocks, how to make profits, and how to serve clients. The FMCG or small business experience is beneficial.
• Location Availability: Locate a 300-500 square foot storefront in a high-traffic location. It must be in towns of above 50,000 population.
• Work Ethic: MedPlus is the company that appreciates the hard-working, loyal entrepreneurs who desire long-term success. They make decisions based on the interviews and background checks on the applicants.

MedPlus Franchise Profit Margin & Earnings

MedPlus Franchise Profit Margin

Understanding profitability is crucial when evaluating the MedPlus pharmacy franchise cost.

Product Category	Profit Margin Range
Prescription Medicines (Generic)	18-20%
Prescription Medicines (Branded)	15-18%
Over-the-Counter (OTC) Products	20-30%
Healthcare & Wellness Products	25-35%
Overall Blended Margin	18-22%

MedPlus Franchise Profit Per Month

Monthly earnings potential justifies the MedPlus pharmacy franchise cost for entrepreneurs seeking consistent income streams. Here’s a detailed breakdown:

Financial Parameter	Low Range	High Range
Monthly Revenue	₹8 lakhs	₹15 lakhs
Gross Profit (at 20% margin)	₹1.6 lakhs	₹3 lakhs
Staff Salaries (2-3 employees)	₹40,000	₹60,000
Rental Costs	₹30,000	₹80,000
Utilities (electricity, water, etc.)	₹15,000	₹25,000
Miscellaneous Expenses	₹10,000	₹15,000
Royalty Fee (6% of sales)	₹48,000	₹90,000
Net Monthly Profit	₹25,000	₹75,000+

ROI & Break-Even Period

The return on investment timeline is a critical consideration alongside the MedPlus pharmacy franchise cost.

ROI Parameter	Best Case	Average Case	Challenging Case
Break-Even Period	20-24 months	24-30 months	30-36 months
Location Type	Established residential areas with limited competition	Standard urban locations	High competition or developing areas
Total Investment (including working capital)	₹18 lakhs	₹21 lakhs	₹25 lakhs
Annual Net Profit (after break-even)	₹6-9 lakhs	₹4-6 lakhs	₹3-4 lakhs
Annual ROI %	30-35%	20-28%	15-20%

How to Apply for MedPlus Franchise (Step-by-Step)

It has a number of steps to follow in the application process of obtaining a franchise of MedPlus pharmacy. To maintain brand quality, standards are maintained within the company. The entire procedure normally takes between 45 and 90 days after first inquiry to opening.

• Phase of Self-Assessment: Are you at least 30 lakhs in net worth and do you have sufficient capital to invest? Remember you must be prepared to be there on a daily basis and abide by the brand rules.
• First Contact and Signing: Call or email the contacts on the site. Complete the request form with proper details regarding your shop space, cash background as well as experience.
• Location Identification and Analysis: Donate potential 300-500 sq ft stores in high-traffic areas. The MedPlus group will research, the region, business competition, ease of access, and prospects and then do the final approval.
• Formal Application and Documentation: Present the form and other documents such as PAN card, Aadhaar card, school certificates, financial statements and shop details. The company will look over them in detail.
• Signing of Agreement and Investment: Sign the Memorandum of Understanding which enumerates terms, time and obligations. You can either use self-funding or bank loan to pay the franchise fee.

Common Risks & Challenges in Pharmacy Franchising

It is imperative to first know the possible challenges to commit. Pharmacy retail is not risky, but difficult to operate. The initial years of a new pharmacy are dominated by loss (around 15-20%) due to poor risk planning.

• Regulatory Burden of Compliance: Pharmacies have to obtain drug licences, observe quality checks, and store and record regulations. This should always be under attention.
• Complicacy in Inventory Management: To maintain a balanced level between inventory levels on the one hand and expiry on the other, intelligent inventory management systems are needed, and supervision should be continuous. The cost of expired medicine is between 2 and 3% of stock per year.
• There is also considerable Competition in the market: There are usually limited organized stores around and large chains that are competing to capture a market share. You must satisfy the customers and serve well.
• Margin Pressure Dynamics: Profits are strangled by government pressure on prices of medicines, discounts required, and alterations in regulations. This will damage profits in a short term.
• Operation Dependencies: A pharmacy depends on a competent pharmacist, supplies that are consistent and excellent tech. Issues here require contingency plans.

Conclusion

Cost Medplus pharmacy franchise is a definite investment in the Indian market that is developing. The total cost is ₹16-23 lakhs. Its brand represents the 12 million customers each month served in 4,500 + stores. The model operates on established pharmacy business, online technology, education and an effective supply chain. You will make 25, 000-75, 000 a month, even in 24-36 months, and it is competitive with other franchises.

FAQs

What is MedPlus pharmacy franchise cost of tier-2 cities?  

Starting a MedPlus pharmacy in the tier-2 cities costs 16 to 19 lakh. This price is all you need: shop build up, stock, equipment, signs and security deposits. The rent will be cheaper compared to the metro cities.  

Do pharmacists enjoy special benefits on MedPlus pharmacy franchise cost?  

Yes. A sold B.Pharm, D.Pharm or M.Pharm graduate who holds a PCI certificate is able to work within a store of MedPlus in Hyderabad and work there not less than two years. Then they will be able to purchase a franchise at only 5 lakh rupees and establish it in any state speaking Telugu.  

How much are both the monthly royalty fees once paid by the MedPlus?

The franchise owners are required to remit a royalty of 65 percent of total sales monthly. Take the example that a store earns 10 lakh per month; thus it will pay a royalty of 60000 every month. The finances are used on brand-name software and the assistance of MedPlus.  

What is the break even period following investing MedPlus pharmacy franchise cost?  

The average time of making a store profitable is 2 to 3 years. The speed will depend on the location, condition, store operation and competition of the other pharmacies, the speed at which customers can be served and the management of the stock.  

Does MedPlus offer financing of MedPlus pharmacy franchise cost?  

Yes. MedPlus assists in securing bank loans e.g. at the State Bank of India. You are required to pledge half of the value of a loan and MedPlus will assist with the documentation and loan approval.