Area Req.: 200 SqFt Investment Size: 15 - 20 Lakhs No. Of Franchise Outlet: 150+
One of the best and simplest franchise that you could go for is Dava Discount. This company is an intiative from the house of Rajnish Wellness Limited.The thing that makes this company different than others is that they offer flat 25% discount on all branded medicines. The primary aim or focus of this company is to provide the common man with branded and top-quality mediines at an affordable price rate.Interestingly, the brand also ensures and guarantees to consumers that they only sell branded products and nothing else. This company’s commitment to affordability has made it one of the most selected medicine shop and franchise in India. It offfers generic medicines at a highly discounted rates to customers.Generally, the business model of this brand revolves around bulk purchasing and direct distribution. Retailers or franchises need to distribute medicines through various channels, including online platforms and physical stores.This approach allows the company to keep prices highly competitive and pass on cost savings on consumers. As of the most recent data, there are a total of 150 Dava Discount stores operating across India.
Dava Discount Franchise Details
The franchise model of this company allows franchise owners to own and operate by themselves. Interestingly, having a medical background or experience to open this business is not necessary. Anyone who have ticked all the requirements and criteria can open this business and earn good profit margin.Investment required - The investment required to open a Dava Discount is between Rs 15 lakhs to Rs 20 lakhs. But, this is the average amount, as the total investment will highly depend on the location and land size. Make sure you are financially capable of opening a Dava Discount franchise so that they allow your application at the first attempt.Area requirement - You must have proper area to open such a business in your local area. You do not need a very big area to open this medical franchise business. You only require 200 square feet of area and can easily operate the medical franchise business.
