How can I buy Apollo franchise? Anyone who is interested in becoming a franchisee may get in touch with the Head Of Franchise Business of Apollo Health and Lifestyle Limited directly by sending an email or giving them a call at the Corporate Office.
Full Answer
What is the cost of Apollo franchise?
Investment Required: Apollo Diagnostics franchise cost ranges from ₹3 to 5 lakhs, whereas ₹15 lakhs would be needed to open a diagnostic centre that is part of a cluster unit.
How can I buy Apollo franchise?
Anyone who is interested in becoming a franchisee can contact the Head - Franchise Business of Apollo Health and Lifestyle Limited directly by telephone at the Corporate Office or e-mail. He can also apply directly through this website or download the franchisee form and send it to postal address.
Which hospital franchise is best in India?
Here are the 10 Best Healthcare Franchises in IndiaVLCC Health Care Ltd. Founded in: 1989. ... DIET MANTRA. Founded in: 2011. ... Apollo Clinic. Founded in: 2002. ... ADIDEV HERBALS PVT. LTD. ... Orane Institute of Beauty and Wellness. Founded in: 2010. ... DIvya Upchar Sasthan. Founded in: 2010. ... Moh Spa. Founded in: 2007. ... Oracle. Founded in: 2004.More items...
What is difference between Apollo Hospital and Apollo Clinic?
Apollo Clinics are multi-specialty clinics run by Apollo Health & Lifestyle Limited (AHLL), a subsidiary of Apollo Hospitals Enterprise Limited (AHEL). AHLL is one of the largest players in the retail healthcare segment in India.
How can I purchase franchise?
Here are the key steps to consider before buying a franchise.Research. ... Identify Individual Franchise companies. ... Franchise Qualification Requirements. ... Submit Request for Consideration/Application. ... Study Franchise Disclosure Document. ... Disclosure period. ... Visit Existing Franchisees. ... Visit Franchisor.More items...•
Is Apollo Hospital profitable?
Apollo Hospitals Enterprise has posted a 35 per cent dip in net profit for the April to June quarter of the financial year 2022-23 to Rs 323.78 crore, as compared to Rs 500.68 crore during the same period last financial year.
Which franchise makes more money?
What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.
What is the number 1 franchise?
Top 100 Franchises 2022RankNameCountry1KFCUnited States of America27-ElevenUnited States of America3McDonald'sUnited States of America4Marriott InternationalUnited States of America16 more rows
Is medical franchise profitable?
The profit margin for opening a medical store franchise is now 16-22% for branded medicines and 20-50% for generic medications. Along with margins, they benefit from company-provided schemes and offers. As a result of the higher profit and lower cost, investing in a medical franchise is a great idea.
Why is Apollo Hospital costly?
The major cost of hospitals is that of clinicians. Most of the hospitals spend 17-18% of their earnings on doctors. Apollo incurs the highest clinician cost amongst others, at 28%. Top hospitals tend to bring in popular and busy doctors in as consultants, which inflates this number.
Who is the owner Apollo Hospital?
Dr. Prathap C ReddyDr. Prathap C Reddy, the visionary Founder Chairman of Apollo Hospitals is widely acknowledged as the architect of modern Indian healthcare. He is best described as a compassionate humanitarian, who dedicated his life to bringing world-class healthcare within the economic and geographic reach of millions.
Who is the CEO of Apollo?
Marc Rowan is Co-Founder and Chief Executive Officer of Apollo.
Is pharmacy franchise profitable?
The profit margin for opening a medical store franchise is now 16-22% for branded medicines and 20-50% for generic medications. Along with margins, they benefit from company-provided schemes and offers. As a result of the higher profit and lower cost, investing in a medical franchise is a great idea.
How is the owner of Apollo?
Prathap C Reddy, the visionary FounderChairman of Apollo Hospitals is widely acknowledged as the architect of modern Indian healthcare. He is best described as a compassionate humanitarian, who dedicated his life to bringing world-class healthcare within the economic and geographic reach of millions.
Which diagnostic franchise is best?
Best Medical Franchise in India – List of Top 10 Medical...Apollo Diagnostics – Top Diagnostic Center Franchise to Invest. ... Dr. ... Lifecare Diagnostics – Best Clinic Franchise to buy. ... Lifespan Clinic – Top Clinic Franchise to buy. ... Biocell – Top 10 Clinic Franchise to buy. ... Max Lab – Best Medical Care Franchise.More items...•
Is Apollo private or public?
Apollo Gleneagles Hospital Limited is a Non-govt company, incorporated on 19 Sep, 1988. It's a public unlisted company and is classified as'company limited by shares'.
What will be the investment required to set up a Apollo Diagnostics Franchise?
If you plan for a diagnostic center alone, your investment shall be between 3 to 5 lakhs. At the same time, cluster centers require 15 to 20 lakhs. There is a brand fee of 1 lakh that needs to be paid to the Apollo Hospital enterprises.
What is Apollo Diagnostics?
The prominent name in this sector is the Apollo Diagnostics. They are pioneers of healthcare in India, and their model of diagnostic centers also paid off well. The hassle of standing in a queue in the hospitals and need-based tests only recorded are a few reasons Apollo Diagnostics was formed.
How long did it take for Apollo diagnostic centers to become 100?
What we must not forget is, Apollo diagnostic centers became 0 to 100 in just 18 months.
How many centers does Apollo Diagnostics have?
Apollo diagnostics has 100 centers across India, and they are looking to expand big. It is mainly to make the vision true; high-quality tests at affordable rates. Till now, they are successful, and they are bound to be the best in this venture too.
How long is the Apollo Hospital franchise agreement?
It is highly likely to recover the investment in 1 year, and the franchise agreement shall stand for five years. You can renew the contract if you wish to. The business in the healthcare center never fails.
How many tests are taken in a year?
Statistics show that there are around 3.5 million tests taken in a year by the diagnostic centers. It is a massive number, and these counts are bound to increase in the future. People’s awareness of health and medicare has gone beyond limits, and they are sure believing only in branded centers.
How many square feet are needed for a diagnostic center?
To begin with, the space for the diagnostic center, and it must be between 200 to 250 square feet. It does not end here; your location must be in a residential area. Further, the middle class or upper-middle-class community is preferred. It is also an expectation to have space on the ground floor.
What are the USPs of the company?
Offline and Online stores – The greatest problem with people who are in need of medicine is going to medical stores. It is often very difficult for a sick person to go all the way to the medical store so Apollo Pharmacy brings its services to the customer’s home.
What are the Benefits of starting an Apollo Pharmacy Franchise?
Establishing an Apollo Pharmacy does not cost a fortune. To begin with the business, the owner will require a sum of 5 to 10 lakh rupees.
How does Apollo Pharmacy work?
Apollo Pharmacy work with strengthening their focus. The company put its focus on tightening the grip on the market where they already have the upper hand and wide established business .
Why does Apollo keep the prices of medicines low?
This is why Apollo keeps the prices of medicines low so that a larger section of society can afford these medicines. The main aim of the company is not to make a higher profit but to sell more.
What is Apollo Pharmacy?
The Apollo Pharmacy has become a household name over the years. It reminds the customers on their regular medicines, offer them membership discounts, and have highly trained pharmacists who understand the needs of their customers and help accordingly.
How long does it take to become a pharmacist?
The pharmacist running the pharmacy must have taken 2 years of residency training. This ensures the thorough knowledge of a drug and its working for the pharmacist.
What should a pharmacist do?
The pharmacist should also be trained to give primary care to a patient like injection, first aid, and care.
What is Apollo known for?
Apollo is known for its services which are backed by strong technology in the sector of healthcare and diagnosis. Associating with such a brand does not just expose you to technology but also to the expertise and the strong assistance that is provided by the brand. Every venture and its upsides come for a price.
What are the advantages of Apollo Diagnostics?
The first advantage is the brand name. Almost all the patients enrolling themselves under the care of Apollo Hospitals would opt to trust and get themselves tested with Apo llo Diagnostics which is a branch of the same hospital where they have been admitted. This ensures a base of patients which has been already acquired by the parent brand.
What is Apollo Diagnostics?
The Diagnostics centres have been performing and providing great facilities to people, one such well-known name is Apollo Diagnostics Franchise. As we discussed above, there has always been a huge rush in the hospitals for people to get themselves tested and conduct various tests.
What is the most booming industry in 2020?
One of the most booming industries after the year 2020 is the health-sector industry. With the rise of pandemic and the awareness related to health and growing diseases, there has been an urgent and spontaneous growth in the health sector. The Diagnostics centres have been performing and providing great facilities to people, ...
What is the purpose of franchise?
The primary aim of starting a Franchise Business is to take advantage of the brand name which has been developed by the company. However, it’s not just the brand name that ensures the success of your business but it is also the industry in which your potential brand operates. One of the most booming industries after the year 2020 is ...
Where is Apollo Diagnostics located?
To summarize the journey of Apollo Hospitals, it started in the year 1983, its headquarters in Chennai and since then the Company has indulged itself further in ...
Is Apollo Diagnostics affordable?
However, the charges of Apollo Diagnostics are less and also affordable for people of all classes. C. With the growing diseases and the need for medical care and facilities the, demand for pathological labs and diagnostic centres has increased.
Why take a franchise of Apollo Clinic?
The benefits of franchising is that on the one hand, you are a proud owner of an independent business; on the other hand you enjoy the reputation that comes from being under the umbrella of a big brand. Since Apollo is an internationally recognized brand, opening Apollo Clinic franchise minimizes your business risks.
How to become an Apollo Clinic franchisee?
If you want to be an Apollo Clinic franchisee, please visit the official website of Apollo Clinic at www dot apolloclinic dot com and refer to the Franchisee Form at /franchisee_form.aspx page. You may submit it online. You may also download Apollo Clinic franchise form, fill it duly, and send it to the contact given below.
What are the expenses of Apollo Clinic?
Among the expenses of Apollo Clinic franchise, there are some fixed costs like salaries, rent, administration, energy consumption and so on. On the other hand, consumable cost, working capital management, marketing, and operating licence fees are some of the variable costs of an Apollo Clinic franchise.
What kind of doctor is at Apollo Clinic?
Visiting doctors will be there for General Surgery, Dentistry, Gastroenterology, Urology, Dermatology, and Orthopaedics along with diet and nutritional counselling services.
Is Apollo Clinic a franchise?
Apollo Clinic franchise can be one of the best franchise opportunities in India if you consider the rising graph of healthcare business. In India, healthcare is now one of the most hot and happening sector, and Apollo Clinic is a name on which you can rely.
Is healthcare a franchise in India?
The growth of healthcare franchise business in India has been exponential over the last few decades, but there is still considerable room for expansion. At present, healthcare segment makes just 5% of the GDP in India, whereas in an advanced country like the United States it is 13.7%, constituting the largest business sector of that country. Moreover, KSA Technopack in one of their recent studies revealed that 11% of the annual household income is spent on healthcare in India; and this figure is most likely to keep rising in future.
