How Do I Get a Pharmacy Franchise? Starting a Pharmacy Franchise

Steps to Get Started

  1. Identify a premises
  2. Get required licenses
  3. Partner with a pharmaceutical company
  4. Sign a franchise agreement outlining partnership terms
  5. Procure products to distribute
  6. Market products locally to generate sales

Initial Investment and Costs

  • Overall investment: 5-7 lakhs for infrastructure, documentation, and initial stock
  • Cost varies by location

Options for Starting a Pharmacy

  • Buying an existing pharmacy
  • Starting an independent pharmacy
  • Franchising with a company

Note: Research the pros and cons of each option before proceeding. With proper planning and execution, pharmacy franchises can be highly successful.

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