How to Open Ayurvedic Medicine Store?

Ayurvedic medicines (including herbal products) are getting popularities among people. People are very concern about side effects and harm full effects done by preparations containing chemicals and other synthetic products. Whether there are daily used products or beauty and skin care products, customers has started to ask for ayurvedic and herbal products.

Cosmetic industry has turned toward herbal preparations and more than 90% of products will claim as natural and herbal ingredients. Due to increase in demand of herbal and ayurvedic products, opening Ayurvedic Shop is one of the best business opportunity in recent time.

In this article, we are covering the requirements and licenses for opening Ayurvedic Medicine Store through questions and answers.

First discuss about step-wise procedure:
  1. Search for shop (owned/rented) 
  2. Choose a related name to your store
  3. Shop Registration at local authorities if any 
  4. GST number if your turnover is above 20 lakh annually or selling products online. 
  5. Research about customers purchase habit or tie-up with ayurvedic practitioner 
  6. Purchase Ayurvedic Medicines (including herbal and cosmetic products) from ayurvedic distributors 
  7. Start Selling products 

Key Note: Location and Locality for Ayurvedic Medicine Store is an important aspect. You need to research about local customers purchase habit before starting shop in that locality. Prime locations are best suitable for retail shop. In case of online sale, location of shop doesn’t impact much.

Question: Is a license required to open an Ayurvedic medicine shop?

Other similar questions: Does one need a license to sell Ayurvedic medicine in India?

Do I need licenses to run a retail shop that sells ayurvedic medicines?

Answer: You don’t require any license to open an Ayurvedic medicine Shop. You may only need to register your shop under Municipality Corporation or any local law if applicable.

Question: What is the minimum investment required to start Ayurvedic medicine Store?

Answer: Investment depends at your store location and stock; you will purchase first time from ayurvedic distributor for sale at your locality. If you are starting at rented location then your initial investment includes rent, deposit to shop owner if any, decoration and furnishing expenses etc. After setting-up shop/store, your products purchase amount will be added in your costing. After some time, if distributors will feel you are trustworthy; distributors start to give product at credit to you.

Question: Is there any minimum space required for Starting Ayurvedic Medicine Shop?

Answer: You don’t have any compulsion regarding minimum space requirement for ayurvedic retail business. You can choose space for your business need.

Question: Can I sell products online from Ayurvedic Medicine Store?

Answer: Yes, you can sell ayurvedic products online from your store through any existing online portals like amazon, flipkart etc or through establishing own online portal. But for selling online; you will need Goods and Service Tax Number for it.

Question: Can I set-up Ayurvedic Clinic in Store?

Answer: Yes, you can start ayurvedic medicine store and recruit any ayurvedic practitioner or tie-up with any ayurvedic practitioner to seating at your medicine store.


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