How Much Does a The Medicine Shoppe Franchise Cost?

Initial Franchise Fee

The 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 The Medicine Shoppe franchise requires a total investment of $513K – $895K. 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, The Medicine Shoppe franchisees pay ongoing fees. The royalty fee is 3.0% of gross sales (Fixed monthly fee if inventory purchase requirements are met, otherwise a percentage of gross sales.). The advertising or brand fund contribution is 0.0% of gross sales.

Net Worth & Liquid Capital Requirements

The 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.