The cost to start a pharmacy franchise in India varies widely based on the brand, location, and size of the store. Typically, the total investment required can range from ₹20 lakhs to ₹30 lakhs. This investment includes the franchise fee, which generally falls between ₹2–5 lakhs, setup costs for store interiors, inventory, and essential equipment. Other expenses such as staff salaries, working capital, and ongoing royalty fees (usually 5-10% of monthly sales) also contribute to the overall cost. For example, popular franchises like MedPlus and Wellness Forever typically require this range of investment for a fully operational store, with some brands offering support for marketing, training, and supply chain management.
The cost can be higher for premium locations or larger store formats, but many pharmacy brands offer detailed guidance and training to ensure a quicker return on investment. If you're interested in specific brands or further cost breakdowns, I can provide more details on different options in the market.