Wellness Forever

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BUSINESS DETAILS

Started in 2008, Wellness Forever – a venture of Mumbai based Wellness Forever Medicare Pvt. Ltd. – is one of India’s most trusted, well-known, and fastest-growing lifestyle retail pharmacy chain. 

Wellness Forever offers 30,000+ products, including around 12,000+ curative & preventive medicines and a wide range of health & lifestyle products. Wellness Forever today has an Omni-channel presence with over 200 retail stores, its website, easy-to-use mobile app which enables a 24-hour ordering facility, and toll-free customer care number. 

INVESTMENT DETAILS

Commenced Operations

Operations Commenced On: 2008

Franchise Commenced On: 2020

Franchise Details

UNITS

Investment: INR 50lac – 1 Cr.

Franchise/Brand Fee: INR 1000000

Royalty/Commission: 6 %

Expansion Locations

NORTH

– NA –

SOUTH

Karnataka

EAST

– NA –

WEST

Gujarat, Rajasthan, Maharashtra, Goa

CENTRAL

– NA –

UNION TERRITORIES

– NA –

Franchise Details

Exclusive territorial rights to a unit franchisee: Yes

Anticipated percentage return on investment: 181 %

Likely pay back period of capital for a Unit Franchise: 3-4 Years

PROPERTY DETAILS

Type of property required for this franchise opportunity: Commercial

Floor area requirement: 800 – 800 Sq.ft

Preferred location of unit franchise outlet: Highstreet area

TRAINING DETAILS

Detailed operating manuals for franchisees: Yes

Franchisee training location: Headoffice.

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise: Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 10 Years

Is the term renewable? Yes

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