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FranchiseVerdict

How Much Does a Medicine Shoppe Franchise Cost?

Data from the 2025 Franchise Disclosure Document

Investment Summary

Total Investment

$130K – $896K

Franchise Fee

N/A

Royalty

3.0%

Ad Fund

N/A

Cost Breakdown

Initial Franchise Fee

Medicine Shoppe has not disclosed a standard initial franchise fee. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a Medicine Shoppe franchise requires a total investment of $130K – $896K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $175K to $245K.

Ongoing Costs

Beyond the initial investment, Medicine Shoppe franchisees pay ongoing fees. The royalty fee is 3.0% of gross sales (Gross Sales or Fixed Fee).

Net Worth & Liquid Capital Requirements

Medicine Shoppe requires working capital of $175K – $245K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.

What Can You Earn?

Medicine Shoppe does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.

How Do Banks View Medicine Shoppe?

SBA Loans Issued

113

Default Rate

0.0%

The SBA (Small Business Administration) tracks loan performance for franchise brands. Medicine Shoppe has 113 SBA-backed loans on record. The default rate is 0.0%, which is below the franchise industry average, indicating relatively lower lending risk. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.

Next Steps

Talk to current Medicine Shoppe franchise owners

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See full Medicine Shoppe research

Risk analysis, unit growth, contract terms, and more

Compare Medicine Shoppe to similar franchises

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