Medicine Shoppe

Pharmacies specializing in prescriptions and health-related products

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.

Please Note: The operators of Medicine Shoppe, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Medicine Shoppe website.

Start-up Costs & Franchises Fees

How much does it cost to open a Medicine Shoppe Franchises?

Total Investment: $74,300-$253,400
Initial Franchise Fee: $10,000-$18,000
Royalty Fee: 2-5.5%
Advertising Fee:
Term of Agreement: 20 years

How to contact Medicine Shoppe

Medicine Shoppe News

Franchisees File Legal Action Against Cardinal Health And Medicine Shoppe International
More than 70 Medicine Shoppe franchise owners representing 82 stores have filed legal action against Medicine Shoppe International, Inc. (MSI) and its parent company, Cardinal Health, Inc. (Cardinal Health). The action was filed June 2, 2006, in Missouri through the American Arbitration Association ... more

Medicine Shoppe International, Inc. Names Scott Glover Senior Vice President Of Sales And Marketing
Medicine Shoppe International, Inc. (MSI), a Cardinal Health company (NYSE:CAH) and the leading national franchisor of independent retail pharmacies, recently named Scott Glover senior vice president of sales and marketing for MSI. In his role, Glover will be responsible for all national advertiseme... more

Medicine Shoppe Pharmacies Offer Tips And Medication Management Support For Caregivers
In the United States, more than 50 million individuals provide care for an aged, disabled or ill family member each year. And, for many caregivers, one of the more challenging aspects of their vast responsibilities is understanding and administering their loved ones' medication regimens. In fact... more

Medicine Shoppe International, Inc. Names Jeff Foreman Vice President, Vendor Solutions
Medicine Shoppe International, Inc. (MSI), a Cardinal Health company (NYSE:CAH) and the leading national franchisor of independent retail pharmacies, recently named Jeff Foreman vice president of vendor solutions for MSI. Foreman will be responsible for MSI's Vendor Solutions Department which as... more

Medicine Shoppe International, Inc. Teams Up With Memberhealth, Inc. To Provide Pharmacy Services Around The 2006 Medicare Prescription Drug Program
Medicine Shoppe International, Inc. (MSI), a Cardinal Health Company (NYSE: CAH) and the largest franchisor of independent community pharmacies, has established a relationship with MemberHealth, Inc. to provide pharmacy services to Medicare Part D eligible beneficiaries across the nation. MSI also w... more

View all Medicine Shoppe Press Releases

Franchise History

When did the first Medicine Shoppe open? 1970
When did Medicine Shoppe start Franching? 1970

Year	U.S.A.	Canada	International	Corporate
2004	926	91	184	35
2003	1075	76	154	34
2002	1055	71	171	25
2001	1101	70	165	26
2000	1086	65	154	14

Expansion Plans

International: Asia, Australia/New Zealand, Japan,

Financing Options

Expense	In-House	Third Party
Franchise Fee	No	No
Startup Costs	Yes	No
Equipment	Yes	No
Inventory	Yes	No
Accounts Receivable	Yes	No
Payroll	Yes	No

Training & Support

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Ad slicks, National media, Regional advertising

Business Operations

International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 3 - 4

Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Related Franchise Categories

• Vitamins & Supplements Franchise Opportunities
• Franchises $50K to $100K

Printed From:
http://www.thefranchisemall.com/franchises/details/10926-1-Medicine_Shoppe.htm

This Franchise Opportunity has been viewed 3041 times.

Read Medicine Shoppe Reviews

Legal Disclaimer: This information is not a franchise offering for Medicine Shoppe and should not be construed as such. TheFranchiseMall.com makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Medicine Shoppe franchise opportunity, review that franchise's Uniform Franchise Offering Circular (UFOC) with an attorney and accountant.