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Medicine Shoppe Int'l. Inc.

At a Glance

Products & Services: Pharmacy

Number of Locations:

Total Investment: $74.3K - 253.4K

Founded: 1970

Began Franchising: 1970

Public Owned

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.

Startup Costs, Ongoing Fees and Financing

Total Investment: $74,300 - $253,400
Franchise Fee: $10,000 - $18,000
Ongoing Royalty Fee: 2-5.5%
Term of Franchise Agreement: 20 years, renewable
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 6 days. At franchisee's location: Twice a year. Regional meetings and field seminars : 1-2 days each.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,