Dr Lal Path Labs Franchise : Why Lal Path Lab franchise business?
In India, we have an ocean of opportunity in health care domain. Almost 75% people needs to have medicine, doctors consultancy, laboratory services on monthly or yearly basis.So, we would like to discuss about health care franchise business for Lal path labs Sample collection center franchise.
Dr Lal Path Labs is the leading chain for blood tests and other health diagnosis testings in India.They have spread their chain in other asian countries too.Dr lal Lal path lab franchise is Asia’s largest diagnostic and healthcare tests service provider with 3,368 diagnostic center in Pan India.
Most of their laboratories under Lal Path Lab franchise are accredited by the NABL,CAP in accordance with ISO 15189. so this accordance makes Lal Path Labs as most authentic and internationally accepted laboratories in India.
Lal Path Labs offer two type of Lal Path Lab franchise opportunity in India
- Diagnostic centre franchise
- Sample Collection centre Franchise
Now Let’s try to understand both of Lal Path Lab franchise opportunity
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How to get Dr Lal Path labs franchise ?
To open lal path labs Diagnostic center franchise, you need to have almost every kind of diagnostic instruments so that sample collection center can send their sample to test and make the report.In this franchise model, you need to have minimum of 3,500 Sq. ft of ground floor retail space in a commercial area.
Friends, if you have high investment budget like 1 Cr of more, You can prefer Lal path lab Diagnostic center franchise. This business model is basically B2B business model for Sample collection centers.
Franchise for Low Investment Amount
Lal Path lab Sample collection center franchise
This franchise opportunity is best suited business model of low investment and high profit business model.
also this franchise option can be suggested as Business to customer business model. Here people or pesent will visit to give the sample or center member can also visit to customers home to collect the sample.
Requirements for Dr Lal Path lab franchise
For Sample collection center franchise
- Total Investment required Amount is 50k to 2 Lac Rs.
- Franchise Fee/Brand Fee : 50000 Indian rupees.
- Minimum 200 Sq feet space for Lab Setup
- Lab must have a toilet (Compulsory)
- Applicants from medical field background will be preffered
- Applicant must have a GST Number
- Applicant should be self motivated
The major and important section of any franchise is benefits from franchise. So Lal path lab franchise offer 25% to 30% commission on their lab test and related stuff.
How Lal path labs will help you grow your franchise business :
- On site franchisee training will be provided
- Field assistance is also provided
- Experts from head office will also assist in franchise setup
- Marketing & advertisement assistance
Dr Lal Path Labs Franchise Cost
Total Franchise setup cost – 3 Lakhs INR (Approx)
Franchise fee : 50,000 INR
Agreement & terms details for Dr Lal Path labs Franchise
Standard Franchise agreement :
- Agreement term will be for 2 years
- You can renew the franchise business after 2 year.
Where to get the Lal path lab franchise
You can share your details to https://www.lalpathlabs.com/partnerwithus
In our prior blogs of business model, we have already discussed about Food and breakage franchise option Yewala tea franchise business and also how to start T shirt printing business India. so if you are also interested in such business you can refer the pages.
Who is the CEO of Lal Path Labs ?
Dr. Om Manchanda
Is Dr Lal Path Labs indian company ?
Yes, It’s an indian company
What is franchise cost for Dr lal Path Labs ?
2-3 Lakhs INR including franchise fee
What is the tenure of agreement ?
2 Years (Extendable)