Since Apollo Pharmacy does not operate through a traditional franchise model, those interested in pharmacy franchise opportunities in India can explore alternatives like MedPlus Pharmacy, Wellness Forever, and Trust Chemists.
MedPlus Pharmacy offers a highly regarded franchise model with two types: Company-Owned Franchise-Operated (COFO) and Franchise-Owned Franchise-Operated (FOFO), with investments typically ranging from ₹20–30 lakhs. It provides comprehensive training, inventory management, and marketing support.
Wellness Forever is another major player, focusing on providing premium healthcare products. While it demands a higher investment, it offers a robust business model with detailed franchisee support, including store setup, stock management, and marketing.
Trust Chemists, primarily active in South India, provides a cost-effective option with competitive franchise fees and a simple operational model, making it appealing for entrepreneurs looking for a low-cost entry into the pharmacy retail business.
These brands provide viable alternatives for aspiring pharmacy franchisees, offering various investment levels and support systems to help ensure success in a growing healthcare market.