The market of drug stores in India is expanding rapidly and presents good opportunities to new entrepreneurs. In case you are interested in participating in this market, it is important to understand the MedPlus franchise in order to make a good decision.

The second largest chain of pharmacies in India is MedPlus. It has been trusted since 2006, has over 4,230 stores in more than 600 cities in 10 states. It is projected that the drug industry in India will reach as high as $450 billion in the year 2047, thus purchasing a pharmacy franchise can present a good opportunity to business people to thrive.

This guide will provide you with all about the price of a MedPlus franchise cost, the level of profitability this franchise could offer, and what you have to do to become the successful franchise owner of this expanding business.

About MedPlus

Attribute	Details
Founded	2006 by Madhukar Gangadi
Headquarters	Hyderabad, Telangana, India
Industry	Retail pharmacy and healthcare retail chain (medicines, OTC products, diagnostics)
Store Network	Over 4,500 stores across 12+ states and Union Territories as of FY 2025
Financial Snapshot (Q4 FY25)	Net sales: ₹1,509.61 crore; Net profit: ₹51.34 crore
Growth Highlights	Net profit increased by approximately 53.7% year-on-year in March 2025 quarter
Business Model	Omnichannel retail model combining offline pharmacies, e-pharmacy, and diagnostics services
Key Strengths	Trusted brand, nationwide presence, efficient supply chain, strong technology integration
Key Challenge	Regulatory and licensing compliance across multiple states

MedPlus Brand and Its Presence in India

• Rigorous Network: MedPlus operates over 4,230 stores in 600 plus cities around the country.
• Multi-State Presence: MedPlus can be found in Tamil Nadu, Andhra Pradesh, and Telangana, Karnataka, Odisha, West Bengal, Maharashtra, Kerala, Chhattisgarh, and Madhya Pradesh.
• Workforce Strength: Over 22,000 permanent and full-time employees are employed by us to run the different operations without difficulties.
• Various Operations: MedPlus conduct operations in retail pharmacy, wholesale distribution, contract manufacturing, diagnostics and developing own label products.
• Technology Underpinning: Customers can shop from the stores, the website, the mobile application, and have items ordered via WhatsApp.

Why Consider the MedPlus Franchise Model?

• Good reputation: You can attach the 18+ years of good work and the trust which the customers have laid on us since 2006.
• Full assistance: We will assist you in making a location choice, training, inventory management and offer continuous assistance.
• Technology benefit: To expand your business, use the service platform, inventory management, and real-time data materials.
• Finance: Obtaining loans: We provide loans of 50 percent collateral to the partner banks and therefore, it is easier to start up in business.
• Sures profits: You may earn a monthly 25,000 -50,000 rupees or higher, in some places you will run your business better.

What is the MedPlus Franchise Model?

MedPlus franchise allows individuals to operate under the name of a recognizable health store franchise. It was initiated by the Managing Director and CEO, Dr. Gangadi Madhukar Reddy and it gives you the chance to be using the brand and still remain your own boss.

When comparing the MedPlus franchise cost, keep in mind that you are purchasing a complete model that consists of supply chain services, technology, marketing service, and training. You divide the cake: you pay a rental each month depending on your sales, and you have the right to control your pharmacy.

Also Read: Blinkit Franchise Cost

Franchise Cost Breakdown

• Security Deposit: This is money paid back to the holder of the land as guarantee of security of the property and to indicate good intentions.
• Storage Rack Investment: Storage rack funding, furniture funds, and computers, printers and other important electronic equipment.
• Branding Materials: Signage, branded stationery, promotional materials and conventional store design details.
• Initial Inventory: The initial stock of fast-moving consumer goods, wellness products, and medicine.
• Technology Installation: Budgeting on billing, inventory software, and multi-channel integration solutions.

Initial Franchise Fee / Brand Licensing Fee

• Royalty Structure: Each month you pay a fee of 6% of all the sales you make throughout the entire time.
• Agreement Duration: This contract will take a total of five years and may be renewed provided both parties are satisfied with the current state of affairs.
• Brand Access: The licensing fee will enable use of the MedPlus brand name as well as marketing materials, and also the operating systems.
• Partnership Flexibility: Pharmacists, which have more than two years of experience, may participate in special programs which do not require any additional investment.
• Collateral Requirement: State Bank of India requires you to pledge collateral which is equivalent to half the loan amount to give you a loan.

Setup & Interior Cost

Cost Component	Estimated Amount
Rental Advance	₹2-3 lakh
Interior Fit-out	₹1.5-2 lakh
Shelving & Racks	₹80,000-1.2 lakh
Signage & Branding	₹50,000-80,000
Furniture	₹40,000-60,000

Initial Inventory Cost

• Product Range: We stock prescription drugs, over-the-counter drugs, health products, and other health necessities.
• Value of inventory: The value of the first stock is approximately 3-5 lakh, based on size and location of store.
• Supply Chain Support: MedPlus HQ ensures that the products are available at all times and thus we do not run out of stock.
• Demand Based Stocking: At Geek Squad, we store the appropriate quantity of supplies using real-time information with regard to the local preferences and purchasing patterns of customers.
• Credit Terms: The company has flexible terms of paying a small amount of money to purchase the initial and future stock.

Equipment & Billing/IT Systems Cost

• Computer Hardware: Desktops, monitors and others that will be used in billing costs around ₹40,000-60,000.
• Billing Software: This is a point of sale machine managing inventory, customers, and sales.
• Printers/ Scanners: Receipt printers, bar code scanners and other printers are priced between 15,000-25,000.
• Internet Infrastructure: High speed internet, network equipment and backup server to ensure business operates throughout the day.
• Data Protection: Backup of data in the cloud, safe payment gateways and programs that comply with the regulations.

Working Capital & Initial Months of Operations

• Operating Expenses: Reserve funds three-six months of rent, utilities, staff salaries and miscellaneous expenses.
• Cash Flow Buffer: Have liquid cash of 2-3 lakh to meet day to day operations and any emergency situations.
• Staff Remuneration: Establish budget on the salaries of the pharmacists, sales staff and support staff in the first year of establishment.
• Marketing Processes: Spend up on local advertising, first-time deals and customer acquisition activities within your locality.
• Emergency Reserve: For any unexpected costs, equipment repairs or temporary business interruptions that would create continuity of the business operations.

Also Read: Most Profitable Franchise in India

Variation by Location

• Metropolitan Cities: MedPlus franchise cost is more expensive to open in Delhi, Mumbai and Bangalore between 20 and 23 lakh rupees since there is high rate of property.
• Tier-2 Cities: In cities like Pune, Nagpur, and Coimbatore, the investment will range moderately 17 to 20 lakh rupees and day to day costs will be in equilibrium.
• Semi-Urban Areas: In small towns, a franchise is less difficult to begin. This amounts to approximately 15 to 18 lakh rupees and the rent will be less.
• High-Footfall Zones: Areas with great foot traffic such as commercial areas, outside hospitals or in apartment buildings, are pricier, yet they attract more customer access.
• Population Criteria: The market has sufficient potential due to the presence of enough population to establish a MedPlus outlet: the population has to have at least 50,000 residents.

Cost Ranges Summary Table

Investment Component	Lower Range	Upper Range	Key Variables
Total MedPlus Franchise Cost	₹16 lakh	₹23 lakh	Location, premises size, infrastructure condition
Rent & Infrastructure	₹5 lakh	₹6 lakh	City tier, commercial area, lease terms
Initial Inventory	₹3 lakh	₹5 lakh	Store capacity, product mix, local demand
Equipment & IT Systems	₹55,000	₹85,000	Technology requirements, hardware quality
Working Capital	₹2 lakh	₹3 lakh	Monthly expenses, staff count, initial period
Monthly Royalty	6% of sales	6% of sales	Calculated on overall monthly revenue

Profitability & Monthly/Annual Earnings

• Profit Margins: Franchise owners do not keep less than 15-20 percent in profit on medicines, and may obtain higher profits on some drugs.
• Monthly earnings: The store owners are able to make a minimum of 25,000-50,000 a month or above depending on the traffic that the place is busy with.
• Potential Annual Revenue: Good location will make a great store earn over 60-75 lakh every year and put huge returns.
• Various Revenue Cells: The revenue is defended by the sale of prescription drugs, wellness products, diagnostic services, and online orders on the same channel platform.
• Break-Even Timeline: In 24-36 months, most of the franchise owners are likely to break even, considering the price of the MedPlus franchise cost, as well as the stability of the operations.

Location-Specific Insights

• High-Density Residential Areas: Apartment complexes and housing states are promised of a continuous stream of clientele who will revisit.
• Hospital Proximity: When the store is located near hospitals, clinics and test centers, it sells more since people require the medicines when they are given part of when they have an emergency.
• Commercial Districts: Offices appeal to people who would like to have easy access to health products in the workplace.
• Educational Institutions: Students, teachers and dorm residents continue to shop around schools and universities.
• Accessibility: When the places are well signed, have parking and good access by road, it attracts more customers and sales.

Eligibility Criteria

• Education: A diploma of high school level or an intermediate level is required. The degree of B.Pharm or D.Pharm is not obligatory but can help.
• Experience: The company has a favor for those who have been employed in stores or small businesses or even in the pharmacy field.
• Money: The minimum net worth amount required to operate this franchise and its cost will be 30 lakh.
• Personal Involvement: You must be on top of running the store on a daily basis and not merely expect employees to perform.
• Business skills: You could not do without some basic business concepts, profit calculation skills, stock management, and customer care.

How to Apply for MedPlus Franchise

• Prior to application: Ensuring the money is okay, selecting a place and ensuring that one follows all the rules of the franchise.
• Business Address: Visit the Web site of MedPlus under Contact Us or call 840 6700 6700.
• Offices in the Region: AP/Telangana: +91 8688581100, Karnataka: +91 8431002002, Tamil Nadu: +91 7305405500.
• Application: Add the form with all the information and send it to franchise@medplusindia.com.
• Business Plan: Have a plan in writing to prove to the world that you are knowledgeable of the market, the amount of money you can obtain, and where you are going to open up and your future aspirations.

Support Offered by MedPlus

• Location Assistance: Specialists will assist you to choose a place that has many visitors, has a clear view, and where business can be done.
• Training: You and your employees will be entirely trained on how to operate the shop, serving customers, stock and compliance.
• Supply: Goods will be delivered at the right time, stock will be maintained in balance, and restocks will be timely to prevent issues with stocks.
• Tech: It includes modern billing machines, live data, online and offline integration, and tools to manage customers.
• Support: 24/7 phone assistance, frequent reviews, unlimited business consulting, frequent checks, and performance evaluations all the way through.

MedPlus vs Other Pharmacy Franchises Comparison

Parameter	MedPlus	Apollo Pharmacy	Wellness Forever
Total Investment	₹16-23 lakh	₹20-25 lakh	₹15-20 lakh
Royalty Fee	6% monthly	5-7% monthly	4-6% monthly
Store Size Requirement	300-500 sq. ft.	400-600 sq. ft.	250-400 sq. ft.
Agreement Tenure	5 years	5-7 years	3-5 years
Monthly Profit Potential	₹25,000-50,000+	₹30,000-60,000+	₹20,000-40,000+
Brand Presence	4,230+ stores	5,000+ stores	260+ stores
Geographic Coverage	10 states	Pan-India	Maharashtra focus
Technology Platform	Advanced omni-channel	Strong digital presence	Growing online platform
Break-Even Period	24-36 months	30-42 months	18-30 months

Conclusion: Is It Profitable?

Acquisition of Medplus pharmacy is an ideal establishment to invest in, where an investor seeks to have consistent income in a rapidly developing health market in India. The MedPlus franchise cost is about ₹16 to ₹23 lakh. Due to great customer backing, advantageous brand, and favorable supply chain, opportunities of success are great. Project annual revenue of 6-12 months of 25,000 to 50,000 or more with a break even point of 24-36 months.

Frequently Asked Questions

What is the cost of a pharmacy franchise in India generally?

In India, the cost of pharmacy franchises ranges between 15 and 25 lakh. The MedPlus franchise cost in question will be determined by the familiarity of the brand, the location, and the form of assistance provided to the franchise owner by the franchisor.

What is the net profit a MedPlus franchisee can expect?

A MedPlus franchise is capable of earning 25,000 to 50,000 every month. Medical drugs have a profit margin that is normally between 15 and 20. This will affect your real income heavily on the location and the manner you are running the shop.

Who is the CEO of MedPlus (for EEAT / authority)?

MedPlus has a Founder, Managing Director and CEO, Dr. Gangadi Madhukar Reddy. Since it was founded in 2006, he has been in charge of the company.

Is the Apollo Pharmacy franchise profitable?

Yes, Apollo Pharmacy is a profitable company. You can earn about ₹30,000 to ₹60,000 a month. Its MedPlus franchise cost of investment is approximately 20-25 lakh and how it operates is comparable to other brands.

How long until I break even?

The majority of owners of a franchise of MedPlus even out within 24 to 36 months. When you select a good location that has a high number of customers, you may profit in a shorter time ranging to as little as one and a half years.

What licenses & compliance are required?

The legal requirements to operate a MedPlus pharmacy include a drug license, registered pharmacist, GST registration, a trade license and shop establishment registration.