Brand Details

Contact us to get the following information about Millennium Path Lab Franchise-

1- "Millennium Path Lab Franchise" Presentation
2- Outlet Pictures
3- Products List of Millennium Path Lab  Outlet
4- Equipment List of Millennium Path Lab   Outlet
5- Profit Margin Sheet
6- Return on Investment Sheet
7- Franchise Application Form

PROFILE( Millennium Path Lab Franchise ):

About Millennium Path Lab Franchise:

Millennium Path Lab is India’s most advanced, fully automated laboratory with its strong presence in Maharashtra. Millennium Path lab India one of the oldest diagnostic laboratories having its focus on Quality, affordable cost, accreditation, and accuracy of reports. Laboratory established in the year 1979 at  Thane, Maharashtra, and soon became the first laboratory to achieve NABL accreditation. As well as the popularity of the lab hospitals, many other labs, patients due to its excellence in meeting and service to patients.

While fulfilling pathology needs and understanding various demands, the laboratory come up with the brand as “Millennium Path Lab”.

Also, Millennium Path Lab operates with a centralized processing unit in Mumbai (India) and look forward to enhancing its network through regional processing labs and collection centers in major metro cities of India. Even so Millennium’s focus to create a laboratory network with a strong IT structure, world-class technologies, aggressive branding and an affordable cost.

Currently

While Considering “Quality” as a backbone of lab management. Further Millennium Path Lab became the first lab to achieve NABL accreditation in the year 2005 gold standard. Furthermore, Accreditation and ICMR approval for COVID19 testing added in its hat strengthening the credibility of a laboratory.

Our passion for accuracy and quality enabled us to create 5000 Sq. Ft. of laboratory floor with state-of-the-art instruments, 24x7 operational unit, professional logistic support, completely IT-driven operations to ensure error-free processing. Barcoded, bi-directional interfacing ensures minimum turn around time from sample receipt to report out.

Stringently monitored operations, trained & qualified staff and world-class instruments has ensured “Millennium Path Lab” to provide best diagnostic services to its associated, hospitals, labs and doctors. We look forward to extend our lab services through a franchisee network offering franchisees for “Collection center” and “Regional satellite laboratory”.

 

Contact Propertyyy Team to know more details about the Franchise and get expert consultation from our team of experts.

Franchise Details

Exclusive territorial rights to a unit franchisee - Yes

Performance guarantee to Unit Franchise - Yes

Anticipated percentage return on investment - 45 %

Likely payback period of capital for a Unit Franchise 1 - 6 Months

Other investment requirements - 200000

Property Details

Type of property required for this franchise opportunity  - Commercial

Floor area requirement - 200 - 500 Sq.ft

Preferred location of unit franchise outlet -  Residential cum Commercial Area

Training Details

Detailed operating manuals for franchisees - Yes

Franchisee training location - On-Site At Franchisee Location

Is field assistance available for franchisees? - Yes

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

Current IT systems will be included in the franchise - Yes

Agreement & Terms Details

Do you have a standard franchise agreement? - Yes

How long is the franchise term for? - 5 Years

Is the term renewable? - Yes

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Industry

Healthcare

Area Required

200 - 500 Sq.ft

Investment Range

Rs. 50 lacs - 1 Cr

Expansion Locations

PAN INDIA

Establishment Year

1979

Franchise Launch Year

2015

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