How to Start Generic Aadhaar Franchise in 2023- (cost, profit etc.)

In this article, we will learn about how to take a Generic Aadhaar Franchise, along with the Total Investment required for this franchise, Profit Margin, Documents Requirements for this franchise, and the support available from this franchise.

How to Start Generic Aadhaar Franchise- (cost, profit etc.)

In today’s time, medicine is needed from the beginning of life to the last part of life, because nowadays the medicine prescribed by the doctor is very expensive, which is beyond the reach of a common man, so Generic Aadhaar came into existence. At the time of Covid-19, we saw that there was a loss in all business except the Pharma industry, now the demand for medicine is more than before, because of increasing populations, untimely food habits and unhealthy lifestyle. NITI Aayog’s data which tells us that by 2030 Valuation of India’s Pharma Industry will range from 120-130 billion dollar.

 

Before knowing about Generic Aadhar, it is very important to know what Generic Medicine is,” copy of original drug whose patent has ended. It’s sold under its generic name (Chemical Compound) an adopted name”

Let’s know the comparison between Generic Medicine and Branded Medicine.

How to Start Generic Aadhaar Franchise- (cost, profit etc.)

Overview about Generic Aadhaar

Generic Aadhaar was founded in 2018 by Arjun Deshpande. Ratan Tata has also invested in Generic Aadhaar. 1800+ selected Generic Aadhaar stores across the country and are planning to open more than 700 stores in Uttar Pradesh this year. There is a plan to open in neighboring countries like Sri Lanka, Nepal, Bangladesh, Bhutan, UAE and Myanmar in the near future.

Generic medicine provides 700 types of medicines. In which some high demanding medicine like Cardiology, Anti – Diabetic, Neurology, Nephrology, Anti-Biotic, Dermatology, Gastrologic, Oncology, Psychotropic, Orthopedic, Pediatrics, Natraceutical and many more.

 

Generic Aadhaar Franchise Cost

If we talk about its franchise fee, then you get 1 lakh plus GST. If you have your own store then it may take you up to 1,0 0,000 to renovate the store. You also have to purchase medicine worth Rs 60,000-1,00,000 from them. You also need 1 staff for work for this store. So, if we talk about the total investment in generic base, then for this you will need a total investment of 3-5 lacs.

Initial Franchise Fee Rs. 1 lac + GST
Required Floor Area Min 80-100 sq. ft.
Renovation Cost Rs. 1 lac (approx.)
Royality Fee 1%
Ad Royality Fee Nil
Additional Fund Rs. 50,000
Available Liquidity Rs. 5 lacs
Equipment Cost Rs. 50,000-1 lacs
Total Initial Investment Rs. 3-5 lacs

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Generic Aadhaar Franchise Profit Margin

In generic Aadhaar franchise you get 40% gross profit on entire medicine. If we leave all the expenses that you will have to run this store, such as staff salary, electricity bill, transportation and other expenses, then you will still get a net profit of 18 -20 % from this store. Your monthly income from its franchise can be 50,000 to 70,000, which completely depends on the total medicine sold by you.

Requirement for Generic Aadhar Franchise

  1. You require a minimum of 3 -5 lacs total initial investment.
  2. You need min 80-100 square feet area for Generic Aadhaar Franchise Outlet.
  3. You have to design the interior of your store according to the company’s standards.
  4. You will have to undergo and complete the training conducted by the company.
  5. People who are interested should focus on the Generic Aadhar Franchise business, follow the company’s rules, and preserve its tradition.

Document Required for Generic Aadhar Franchise

  1. Retail Drug license.
  2. Registered Pharmacist Certificate
  3. GST certificate
  4. PAN card of authorized person 
  5. Aadhar card copy of authorized person
  6. Address Proof
  7. Electricity Bill

How to get Generic Aadhaar Franchise

It is very easy to get generic Aadhaar Franchise, you go to its official website and fill in the form in which you have to fill name, mobile number, email ID, state and current profession, then one of its team members will contact you by call or email.

How to Start Generic Aadhaar Franchise- (cost, profit etc.)

For Franchise Opportunities Across India

contact details: –

  • West India: –8591311215
  • East India: –9321357291
  • North India: –9653373640
  • South India: –9321357292

Head office Address: –

Swasthya Lifescience Pvt. Ltd.

Head Office: – 5th floor of.no. 505, Dev Corpora, Cadbury Junction, Thane

Branch Office: – off.no 11, Amrut Dham, Manisha Nagar, Kalwa, Thane

Contact No: – 9653373639

Email id: – mkthead@genericaadhaar.com

-info@genericaadhaar.com

Generic Aadhar Franchise Support

  1. Generic Aadhar brand name 
  2. ACP Grand Board With 3D Acrylic Letters 12*4 ft
  3. complete range for Premotion i.e.
    • Provide Sticker for front look of counter
    • Provide Sticker for outside of the store
    • 2000 pamphlet for distributing in local areas
    • 4 T-shirts for Employees
    • Pharmacist Apron for Employees
    • 4 nos Danglers, 4 nos Tent card, 500nos Paper bag
  4. Customized Billing software and necessary support.
Note- the franchise fee must be transferred to Swasthya Life Science Pvt.Ltd only.
Conclusion

In 2018 Generic Aadhaar was founded by a 16-year boy named Arjun Deshpande. Generic Aadhaar is supported by: -Hon. Mr. Ratan Tata ji. So, you can trust this company by the name of Ratan Tata. 1800+ selected Generic Aadhaar stores across the country .it is also a profitable business, according to the franchisee report, it has gross profit margin of 40%, if we rent steady electricity bill, transport and other expenses, the net profit is 18 to 20% and in this customer is also given a discount of 80%.

That’s it from my side. Friends, I sincerely believe that my guide on “How to Start a Generic Aadhaar Franchise – Cost, Profit” was quite extensive, helpful, and educational, but if you’d need more details, you can check out the franchise’s official website. We hope that through this article you have got the right information from our side, if you have any desire to get more information, then please write your question in the comment box and you will get the right information from our side. By reading this article, how did you like it, do write it in the comment, congratulations for your affection.

FAQs

Is generic Aadhaar franchise profitable?

Yes, it has a gross profit margin of 40% and the net profit is 18 to 20% and this customer is also given a discount of 80%.

Who is the owner of generic Aadhaar?

In 2018 Generic Aadhaar was founded by a 16-year boy named Arjun Deshpande.

How many stores of generic Aadhaar in India?

1800+ selected Generic Aadhaar stores across the country and are planning to open more than 700 stores in Uttar Pradesh this year.

Why is the price of Generic Medicine being less?

Because R&D is also involved in making branded medicine while R&D is not used for making generic medicine.

Will there be any loss of Generic Medicine due to low cost?

There will be no loss of generic medicine due to low cost because the chemical composition of generic medicine is similar to dosage, safety and strength of the branded medicine.

Who can make generic medicine?

Any Drug Manufacturer can be made by getting approval from the Drug Authority. The amazing thing is that Cipla, Dr. Reddy’s and Ranbaxy are the leading companies in making generic medicine.

Who is the largest generic medicine exporting country in the world?

India.

 

 

      

 

 

 

 

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