Wellness Forever Franchise In India Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
Have you ever wanted to own your own business? Be your own boss? Are you looking for a franchise in USA? Then this franchise is right for you. To know about how you can get this franchise in the following paragraph. You can know about the cost and profit you can make through this franchise. You can even learn about the requirements that are needed for this franchise.
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Table of Contents
Wellness Forever Franchise Wiki
Wellness Forever Medicare Pvt Ltd runs pharmacy outlets. The firm was founded in 2008 and is headquartered in Mumbai, India. There are also franchise options available. Wellness Forever Medicare owns and operates around 80 outlets in India as of 2018, and the Wellness Forever franchise in India has immense demand.
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Wellness Forever has over 30,000 products, including over 12,000 curative and preventive medicines and a comprehensive selection of health and lifestyle items. Today, Wellness Forever has a universal presence, including over 200 retail locations, a website, an easy-to-use mobile app with 24-hour ordering, and a toll-free Wellness Forever franchise contact number.
Wellness Forever Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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Wellness Forever Franchise Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
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Wellness Forever Franchise Cost/ Investment / Price
The total Investment of 75 Lakhs. Post your application, a detailed investment sheet shall be provided to you.
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Wellness Forever Franchise Requirements
Space Required
The space requirement is about 600-1000 sqft. However, 750-900 sq ft is an ideal size. Minimum frontage required is 20ft. Ideal frontage should be 25-30ft. Corner properties are utmost desirable.
Document Requirement
- Application for a pharmacy license in the appropriate format.
- Covering Letter stating the purpose of the application and including the applicant’s name and designation.
- Fee deposit challan for getting a drug license. The license is the first thing you would require to get the franchise.
- Form of declaration in the prescribed format. Make sure all the details you present are in the desired and the required format. Read all the instructions carefully before presenting any documents further.
- The premises’ key plan is a must to opt for the franchise. The key plan assures all the things are planned and under control.
- The premises’ site plan. The site plan helps you have a clear vision regarding which place is utilised for which purpose.
- The legal basis for the premises’ possession. The legal documents are a must when you opt for the franchise, and you need to ensure the documents are legit and are in the correct format as requirelid.
- The owner/partners of a medical store business must provide identification and pictures.
- If the property is rented, proof of ownership is required.
- Proof of the company’s formation. The original documents are required to proceed further legally.
- Non-conviction affidavitfor proprietors, partners, and directors under the 1940 Drugs and Cosmetics Act.
- Affidavit of a full-time registered pharmacist or competent person.
- If employed, a letter of appointment from a registered pharmacist or competent person. All the documentation must be proper and in the required format.
Wellness Forever Franchise Profit
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Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply For Wellness Forever Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Wellness Forever Franchise Contact details
Website
http://www.wellnessforever.in/home.php
Wellness Forever Franchise FAQ
Will Wellness Forever help in finding the right property?
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Yes, our Wellness Forever property experts will help you select the right property.
What all support will Wellness Forever provide?
Once the potential franchise signs up as a franchise partner with us, we will be guiding the franchise and help him/her set up the business and run the store profitably. During this process, we will be helping the franchise in recruitment, training, licensing and store operation.Also we will have our Operations team guiding the franchise at every step. At the backend, the franchise will have access to our Support team for quick resolution of all queries, concerns and issues.
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Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
What is the tenure of the franchise agreement?
The franchise agreement shall be for a period of 5 years with a letter of Intent for another 5 years.
Is a Franchise?
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Yes, a franchise.
What is The Difference Between Franchisor vs. Franchisee
Click Here to know about it.
What Is The Difference Between Franchise Vs. Sole Proprietorship
Click Here to know about it.
Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part and other parts also.
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