The Medicine Shoppe Franchise Review

Franchise Info

What is the upfront requirements to own an The Medicine Shoppe franchise?

The Medicine Shoppe has a franchise fee of up to N/A, with a overall upfront investment range from $330,050 to $699,879.

• Initial Franchise Fee: N/A
• Total Investment: $330,050 to $699,879
• Working Capital: $50,000 to $70,000
• Royalty Fee: N/A

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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How much does an The Medicine Shoppe franchisee make?

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

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How many franchise locations does The Medicine Shoppe franchise system have?

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.

Are there any The Medicine Shoppe franchise opportunities in my area?

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