Easy to Build/Acquire
Simple construction, small footprint, easy real estate approvals.
Franchise opportunity
Dr. Friday Co-Venture
Started in 2016, Dr. Friday is an advanced interlinked healthcare ecosystem synergizing patients, doctors and healthcare setups via a new IP network collaborating e-health, m-health, telemedicine and satellite hook-ups globally.
Technology platform
'Clinic in a Bag' by Rijuven
A comprehensive cloud-based examination platform for clinicians to wirelessly assess patients anywhere — providing vitals, heart, lung, liver, kidney, lab work, imaging and on-the-spot diagnosis via electronic medical records (EMR).
Highlighted in the source as HIPAA compliant, with diagnosis in seconds, on-the-spot reports and intelligent decision support.
The ecosystem uses mobile apps, cloud platforms, wearable devices (IoT), social networks and cognitive analytics to reach underserved populations.
Treatment delivery model
Privilege Card Protocols
| Plan | Price |
|---|---|
| Basic Plan | Rs. 10 per day |
| Coordinated Care / Specialist Care Plan | Rs. 50 per day |
| Continuum Care & Interdisciplinary Team Recommendations Plan | Rs. 100 per day |
Franchise formats
Four Formats
Dr. Harish Foundation is franchising the Dr. Friday business model in four formats: Clinic, Shop-in-Shop, Master Franchisee and Distributor.
Master Franchisee must open 2 own clinics and sub-franchise 25 clinics plus 19 Shop-in-Shop outlets within 3 years, with franchise fee discounts (own: 100%, sub-franchise: 50%).
Ideal franchisees: doctors or health professionals seeking an additional revenue stream.
Financial snapshot
Area, Investment and Terms
| Model | Clinic | Shop-in-Shop | Master Franchisee |
|---|---|---|---|
| Area Required | 150 sq ft | 40 sq ft | 500 sq ft |
| Approx Investment* | INR 3.5 Lakh | INR 65,000 | INR 27.5 Lakh |
| Franchise Fee | INR 2 Lakh | INR 20,000 | INR 10 Lakh |
| Avg. Payback | 7 Months | 7 Months | 3 Yrs 7 Months |
| Agreement Term | 5 Years | 5 Years | 5 Years |
* Inclusive of the franchise fee. Figures are reproduced exactly as stated in the source material.
Revenue sources & other formats
How Franchisees Earn
- Clinic revenue: commission on Specialist Services, Medicines, Lab Tests, Sub Health, Continuum Care, Hospital Care and Product Sales
- COFO format also available
- FOCO format: Revenue Share (7.5%) / Minimum Guarantee (20%), whichever is higher
- Distributor model: requires INR 2 Lakh total investment (including initial stock) to supply products to retailers in the area
Why partner
Partner Advantages
Simple Operating Model
Minimal staff (3-4) at launch; primary employee is a licensed doctor; electronic patient records streamline operations.
Attractive Economics
Strong sales-to-capital ratio, easy to scale, reduced cost of goods sold.
Franchisor support
Support Includes
Location Selection & ApprovalSet-up Cost GuidanceStaff Training & RecruitmentProduct SuppliesSoftware & Accounting SupportClinic Audit & MaintenanceMarketing, Branding & Digital/Social Support
Source information
All figures on this page are reproduced from the source material. No additional financial projections, returns or estimates have been created.