Frequently Asked Questions (FAQs) – Genivis Remedies
What is Genivis Remedies Franchise?
Genivis Remedies offers a business opportunity across India. We supply all types of branded medicines through our franchise partners. Our goal is to help our partners earn well while giving customers quality medicines at discounted prices. Genivis Remedies promises professional support, timely supply, and effective marketing help in your chosen area.
Why choose Genivis Remedies Franchise?
- Flat 20% discount on all branded medicines
- Extra 25% discount on bills above ₹2,000
- Assured quality medicines at competitive prices
What are the benefits of taking a Genivis Remedies Franchise?
- Low investment, high return
- Good career opportunity, even for beginners
- Growth potential within your area or pin code
- Help with staff hiring and training from our HR team
- Technical support for billing & inventory software
- Marketing support with no pressure to meet sales targets
How is Genivis Remedies better than other medical franchises?
- You help customers save 20–25% on daily medicines
- High demand for affordable medicines for long-term illnesses like diabetes & heart disease
- You build trust and loyalty through affordable pricing
How will Genivis Remedies attract more customers than local stores?
- No other medical shop offers 20–25% discount on branded medicines
- Monthly medicine reminders for BP and Diabetic patients
- Free home delivery with 20% cash discount
- Online promotion and store visit campaigns
- Your store will appear in Google search results
What are the benefits of having a monopoly in your pin code area?
- Your store becomes the only one offering 20–25% discounts in your locality
- This helps you grow faster and attract more customers
Do you do a market study before opening?
Yes, we study the local market before approving a location.
How long does the market study take?
If the area is not suitable, we inform you quickly. If it looks good, it takes a few days to study properly.
Are locations available?
Yes, it depends on pin code and area availability.
What is the required store size?
Minimum 120 sq. ft. as per government rules. Ideal size is 200–250 sq. ft.
What other location requirements are there?
Preferably on the ground floor, corner, or main street with clear visibility and easy access.
Is it good to open near another pharmacy?
Yes, it can help because it shows there’s already demand in that area.
Can I convert my existing medical store into a Genivis Remedies franchise?
Yes, you can. Just update your store board and setup as per our standards.
Will someone visit my store before approval?
You can share store photos via WhatsApp or Email. Our team will visit if needed (travel & stay to be arranged by you).
Do I need experience to start?
No prior experience or education is required.
How much investment is needed?
Between ₹8 lakh to ₹20 lakh depending on store setup.
Can I save money if I open near my existing store?
Yes, that may help reduce overall investment.
How much stock should I keep?
You should start with at least ₹5 lakh worth of stock.
Is the franchise fee or GST refundable?
No fee for the first 10 franchises. Later, fees will apply and are non-refundable.
Who will handle advertising costs?
We will manage digital marketing (Google, Facebook, WhatsApp, etc.) for the first 3 to 6 months. After that, it can continue on a mutual agreement. Local promotions (pamphlets, banners) are your responsibility.
What marketing and sales tools will be provided?
We provide 2 standees and all marketing content for your area. Main marketing is done by us.
What is the cost of store setup (racks, shelves, fridge, etc.)?
We provide name board and fridge. Other setup (interiors, shelves) costs up to ₹1,00,000 and will be your responsibility.
Who will hire and pay staff?
We’ll guide you on staffing. You’ll handle hiring and pay their salary.
Can I sell FMCG products too?
Yes, you can.
What documents are required?
- Filled Franchise Application Form with 3 passport photos
- Rental Agreement or Tax receipt (if owned)
- Address and ID Proof
What is the duration of the franchise agreement?
5 years, renewable on request.
Can I sell my franchise later?
Yes, but you must inform us. We will evaluate the buyer before transfer.
Is online training available?
Yes, we provide billing software training online through TeamViewer.
What are the steps to start a Genivis Remedies Franchise?
Registration Process:
• Fill Application Form
• Block Your Pin Code
• Submit KYC Documents
• Sign MOU / Agreement
• Pay Signup Fees