MedPlus Franchise: Cost, Profit, Investment & How to Apply

MedPlus Franchise: Cost, Profit, Investment & How to Apply

MedPlus Franchise

India’s pharmaceutical industry has seen exponential growth in the last decade, and much of it is fueled by increasing healthcare awareness, digitization, and the demand for reliable medicine retail chains. One name that consistently stands out is MedPlus—a well-established and trusted brand offering a robust franchise model across India.

If you’re looking to enter the pharmaceutical retail space with low risk and high potential, the MedPlus franchise could be your ideal business venture. But what does it take to start? What’s the cost? Is it profitable in 2025? Let’s dive into this in-depth guide covering everything you need to know.

MedPlus Franchise

About MedPlus: A Brand Built on Trust

  • Founder: Dr. Madhukar Gangadi
  • Founded: 2006, Hyderabad
  • Current Outlets: 4,230+ (as of 2025)
  • Employees: 10,000+
  • Daily Customers: 2.5 lakh+
  • Online Presence: MedPlusMart.com

MedPlus started with a simple mission — to make genuine and affordable medicines accessible to every Indian. What began as a single pharmacy has now become the second-largest pharmacy retail chain in India. MedPlus also runs a successful online platform, MedPlusMart, catering to the e-commerce boom in healthcare products.

This scale and reputation make MedPlus not just a franchise, but a proven opportunity in India’s high-demand healthcare sector.

Why Choose a MedPlus Franchise in 2025?

Before jumping into numbers, let’s understand why MedPlus is a preferred franchise among aspiring entrepreneurs:

1. Powerful Brand Recognition

MedPlus is synonymous with quality, trust, and affordability. With thousands of loyal customers and a reputation for providing authentic medicines, the brand significantly reduces the marketing burden on its franchisees.

2. High Growth & Stability

The pharmaceutical sector is recession-proof. People need medicines in every economic condition, and MedPlus’s consistent growth even during market downturns proves its stability.

3. Omnichannel Retail Strength

MedPlus is not just offline; it’s online too. The MedPlusMart.com platform supports franchisees with additional order inflows, giving you both walk-in and digital customer support.

4. Back-End Support

From site selection to store branding, technology systems to staff training, MedPlus offers comprehensive operational support, ensuring you’re not alone in your journey.

MedPlus Franchise

MedPlus Franchise Cost & Investment Breakdown

The total investment required to start a MedPlus pharmacy franchise ranges between ₹17.5 lakhs to ₹20 lakhs, depending on location, city size, and store infrastructure.

Here’s how that cost typically breaks down:

Expense CategoryEstimated Cost
Refundable Security Deposit₹2,00,000 – ₹3,00,000
Inventory & Stock (Initial)₹6,00,000 – ₹7,00,000
Furniture & Fixtures₹2,50,000 – ₹3,00,000
Billing Systems & Software₹1,50,000 – ₹2,00,000
Branding, Signage & Interiors₹2,00,000 – ₹2,50,000
Training & Onboarding₹50,000 – ₹1,00,000
Miscellaneous₹1,00,000 – ₹1,50,000

💡 Own Capital Required: You must have ₹6 to ₹7 lakhs in liquid capital to qualify.

Loan Assistance via SBI Partnership

To reduce the financial burden, MedPlus has partnered with State Bank of India (SBI) to offer collateral loans up to ₹6 lakhs, making it easier for new entrepreneurs to join.

This tie-up offers:

  • Quick loan disbursal
  • Competitive interest rates
  • Low documentation
  • Backed by brand trust

Is MedPlus Franchise Profitable?

Yes, MedPlus franchise outlets have shown strong profitability in both urban and semi-urban markets.

💸 Average Profit Margins:

Product TypeProfit Margin
Branded Medicines15% – 20%
Generic Medicines25% – 35%
Private Label Products30% – 40%
OTC, Cosmetics, Wellness20% – 25%

🔁 Most outlets reach breakeven within 8 to 12 months.

Franchisees benefit from exclusive product SKUs, higher margins on generics, and regular promotions driven by the brand.

MedPlus Franchise

Location Requirements

The location of your MedPlus store plays a key role in your success.

Minimum Store Criteria:

  • Minimum area: 300 sq. ft.
  • Location: Main market / high footfall area
  • Ownership or long-term lease preferred
  • Wide and clear store frontage
  • Accessibility for walk-in customers

🔍 Tip: Locations near clinics, hospitals, or residential complexes perform best.

MedPlus Franchise Eligibility Criteria

Not everyone can run a successful pharmacy. MedPlus looks for:

  • Minimum qualification: 10th pass (SSC)
  • Business mindset with a hands-on approach
  • Ability to directly manage store operations
  • Willingness to follow SOPs and compliance
  • Pharmacist license preferred but not mandatory

You can hire a certified pharmacist if you don’t hold a pharmacy degree.

How to Apply for MedPlus Franchise?

Follow these simple steps:

  1. Visit the official MedPlus website: www.medplusindia.com
  2. Scroll to the Contact Us or Franchise section
  3. Fill out the franchise inquiry form
  4. Await a call/email from the franchise development team
  5. Submit documents for background verification
  6. Discuss location, investment, and finalize the agreement

You can also explore verified listings on franchise portals like Franchise Bhoomi or Franchise India.

MedPlus Franchise

Support Offered by MedPlus to Franchisees

MedPlus stands out for the robust support it offers to every franchise partner.

🚀 Here’s what you get:

  • Site inspection and feasibility report
  • Store layout design and branding support
  • Inventory management software
  • Employee training modules
  • Daily order dashboards and reporting
  • Marketing and promotional campaigns
  • Tech support for MedPlusMart integration
  • Loan assistance and documentation help

How MedPlus Franchise Compares to Other Pharmacy Franchises

FranchiseInvestmentProfit MarginOnline OrdersSupport
MedPlus₹17.5 – ₹20L20% – 40%✅ Yes✅ Full
Apollo Pharmacy₹20 – ₹30L10% – 25%✅ Yes✅ Full
NetMeds₹15 – ₹18L15% – 30%✅ Yes✅ Partial
1mg₹20 – ₹25L10% – 20%✅ Yes✅ Limited

MedPlus provides a better margin, lower investment range, and more extensive support than many competitors.

Expert Tips Before You Invest

  • Start with a detailed market survey: Understand local demand before locking in the location.
  • Understand inventory management: Medicines have expiry dates. Learn to manage your stock efficiently.
  • Hire a certified pharmacist: This adds credibility even if not mandatory.
  • Track online + offline sales: Many profits come from MedPlusMart orders.
  • Stick to compliance & SOPs: Medical businesses are regulated and need consistency.

What’s in Your MedPlus Franchise Package?

When you invest, MedPlus provides:

  • Brand license
  • Setup kit (furniture + branding)
  • POS & software system
  • Initial inventory recommendation
  • Staff training and onboarding
  • Operation manuals
  • Ongoing marketing support
  • Access to MedPlusMart integration

Other Trending Franchise Opportunities in 2025

While the MedPlus franchise is ideal for those entering the healthcare sector, the food and beverage industry also presents lucrative opportunities — especially in quick-service restaurant (QSR) and cloud kitchen models. Here are two rapidly growing brands you should consider alongside MedPlus:

Hot Dog Harbour Franchise: India’s Fastest-Growing Hotdog Brand

If you’re looking to enter the fast food segment with a quirky, high-margin model, Hot Dog Harbour is making waves across Mumbai and Pune.

Why Hot Dog Harbour?

  • India’s first gourmet hotdog franchise brand
  • 83,000+ customers served in 2024
  • Signature menu: Korean Fried Chicken Hotdog, Peri Peri Mayo Hotdog, and Captain’s Classic
  • Highly Instagrammable product and in-store experience
  • Operates in cloud kitchen and takeaway formats
  • Excellent fit for low-CAPEX investors or first-time QSR owners

Investment & Franchise Details

ModelInvestment RangeArea RequiredBreakeven
Cloud Kitchen₹3.5 – ₹5 lakhs150 – 200 sq. ft.6 – 9 months
Takeaway Outlet₹6 – ₹8 lakhs200 – 300 sq. ft.6 – 10 months

Hot Dog Harbour combines fun branding with serious unit economics. If you want to ride the street food wave with high ROI, this is a franchise worth considering.

MedPlus Franchise

Sugoi Ramen Franchise: India’s #1 Japanese Ramen Brand

Looking to bring authentic Japanese cuisine to your city? Sugoi Ramen is India’s first ramen-specific brand with a cult following.

What Makes Sugoi Ramen Unique?

  • Over 63,000 bowls served in 2024
  • True Japanese flavors adapted for Indian tastes
  • Menu includes: Chicken Miso Ramen, Vegan Ramen, Prawns Teriyaki Ramen, and more
  • Proven cloud kitchen success in Mumbai, Pune, and Hyderabad
  • Excellent repeat customer rate due to niche yet trendy cuisine

Franchise Model & ROI

ModelInvestment RangeArea RequiredBreakeven
Cloud Kitchen₹4 – ₹6.5 lakhs150 – 250 sq. ft.8 – 10 months

Sugoi Ramen caters to an urban, delivery-focused audience and rides the growing wave of interest in Asian cuisine. With low operating costs and a unique product line, it’s a powerful addition to any food entrepreneur’s portfolio.

Conclusion: Is MedPlus Franchise Worth It in 2025?

Absolutely. MedPlus offers one of the most reliable, profitable, and low-risk franchise opportunities in India’s booming healthcare sector. With strong brand equity, nationwide recognition, tech-driven retail model, and supportive ecosystem, it’s a smart choice for both first-time entrepreneurs and experienced business owners.

If you have a passion for healthcare and a desire to run a structured, growing business, the MedPlus franchise could be your perfect match.

FAQs: MedPlus Franchise

Q1. What is the total investment required for a MedPlus franchise?

₹17.5 to ₹20 lakhs, including setup, branding, initial stock, and refundable deposit.

Q2. How profitable is a MedPlus franchise?

Franchisees typically earn 20%+ margins, with higher profits on private label or generic items.

Q3. Can I apply without a pharmacist license?

Yes, but you’ll need to hire a qualified pharmacist to operate legally.

Q4. How long to breakeven?

Most outlets break even in 8 to 12 months, depending on sales and location

Q5. Is online order integration available?

Yes. MedPlusMart handles online orders and redirects them to the nearest franchise for fulfillment.

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