The Medicine Shoppe is analyzed based on our most recent FDD research!
The Medicine Shoppe has a franchise fee of up to N/A, with a overall upfront investment range from $330,050 to $699,879.
The upfront purchase price of any franchise opportunity includes many fees. Check out this franchise opportunity to better understand the initial costs required to buy an The Medicine Shoppe, such as franchise fees, leasehold improvement costs, pre-opening advertising, and technology fees. It should be noted that, franchisors must to provide you with details about all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.
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As with any new franchised business, the franchise owner's salary and the revenue from a The Medicine Shoppe business depends on many factors. One way to confirm the potential revenues or profits earned from a The Medicine Shoppe franchise investment is to review the franchisor's Item 19 within their FDD. Typically, profits and owner's salary are equitable to the size of the investment and number of locations you own. Demand for your products, the labor costs, commercial lease rates and several other variables also play a large role in your bottom line and your personal salary
For additional information and franchise specific on the revenue of an The Medicine Shoppe franchise opportunity, unlock this franchise
As of the 2020 Franchise Disclosure Document, there are 337 franchised The Medicine Shoppe locations throughout the USA.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2020 FDD data, The Medicine Shoppe has franchise locations in 38 states. There may be no locations in several states as each franchise plans their growth strategy differently. Certain states also require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to awarding franchise opportunities to residents in that state. These registration states have examiners review a franchise company's FDD to confirm it satisfies state regulatory requirements. In addition to registration states, additional states have enacted supplemental franchise or business opportunity laws that require franchise companies to file their franchise within the state. In most instances the filing is simply a notice with the state. Unlike franchise registration states, the franchise filing states do not review the FDD.
Based on our research The Medicine Shoppe is expanding into new markets and might be available near you. While planning your franchise purchase, you always need to be considering what is a good location for my business. Review the potential customer base to assess that your city has a need or customers for this franchise. Even the most popular franchises have states that they are not successful in. The reasons why a specific franchised location can fail are plentiful. You need to analyze not only the franchised business itself, but review locations where you believe it has a more profitable opportunity.
One of our franchise advisors will have detailed knowledge about this franchise opportunity. Unlock to learn more and connect with our experts.
Last Reviewed: 2020
Sector: Retail Products and Services
No they do not have an initial training program. Unlock to find out more.
The Medicine Shoppe does NOT offer territory protections. For an explanation of territory rights, unlock this franchise for important details.
Yes, The Medicine Shoppe offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 1970. The average Pharmacy franchise began franchising in 1978.
No, but you can click here to fill out our affordability calculator and understand your financing options.