Medicine Shoppe Int'l. Inc.

Medicine Shoppe Int'l. Inc.

Not Ranked

Initial Investment

LOW: $74,300
HIGH: $253,400

Change in Units

Promoted Opportunities

Company Profile

Founded

1970

Franchising Since

1970 (46 Years)

Corporate Address

7000 Cardinal Place Dublin, OH 43017

Parent Company

Medicine Shoppe International, Inc.

About Medicine Shoppe Int'l. Inc.

The Medicine Shoppe is a wholly-owned subsidiary of Cardinal Health Inc., and has more than 1,100 locations throughout the United States and more than 200 stores worldwide.

Since 1970, franchisees have been providing pharmaceutical counsel and experience along with prescriptions and supplies.

Financials

Financial Requirements

Initial Investment

$74,300 - $253,400

Ongoing Fees

Initial Franchise Fee

$10,000 - $18,000

Ongoing Royalty Fee

2-5.5%

Ad Royalty Fee

$200/mo.

Financing Options

Medicine Shoppe Int'l. Inc. offers in-house financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll

Units (Locations)

Operations & Franchisor Support

Training Onsite: Twice a year

Training at headquarters: 6 days

Additional Training: Regional meetings and field seminars

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 3 - 4

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: November 8th, 2012

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