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The Medicine Shoppe

The Medicine Shoppe Franchise Cost & Facts · Retail

A The Medicine Shoppe franchise costs $513K – $896K in total initial investment, with an initial franchise fee of $103K, across 292 locations. See the full The Medicine Shoppe fees, royalty, and Franchise Disclosure Document below.

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RetailFounded 1970· 56 yrs292 unitsmedicineshoppe.com
The Medicine Shoppe logo

Total Investment

$513K – $896K

Franchise Fee

$103K

Unit Count

292

Year Founded

1970

Overview

Why The Medicine Shoppe?

The Medicine Shoppe is a retail brand with over 56 years of operating history and 292 active locations. The full Franchise Disclosure Document, including unit-level financials, territory terms, training requirements, and franchisee obligations, is available on request.

The Numbers

Investment & Fees

Total initial investment
$513K – $896K
Initial franchise fee
$103K
Royalty fee
Available on request
Ad / marketing fee
Available on request

Regulatory Filings

FDDs on file

202520232022202120202019

Latest FDD on file: 2025. Request the document below to see Item 19 financial performance, Item 7 estimated initial investment, and territory disclosures.

Why every serious buyer requests the FDD

The Franchise Disclosure Document is the single most important piece of paperwork in your due diligence. It's federally mandated and contains everything a franchisor is required to share before you sign.

  • Item 7: full breakdown of your real startup costs
  • Item 19: actual unit-level revenue performance
  • Item 20: franchisee count, openings, closures, transfers
  • Item 21: audited financial statements

Frequently Asked

The Medicine Shoppe franchise FAQ

Is The Medicine Shoppe a franchise?

Yes. The Medicine Shoppe is a franchise in the retail category, which means you can own and operate a The Medicine Shoppe location under a franchise agreement with the franchisor. The total initial investment to open one ranges from $513K – $896K. The franchisor provides the brand, systems, and ongoing support in exchange for an initial franchise fee and royalties, all disclosed in the Franchise Disclosure Document (FDD).

How much does it cost to open a The Medicine Shoppe franchise?

Total initial investment to open a The Medicine Shoppe franchise ranges from $513K – $896K according to the latest Franchise Disclosure Document. The actual cost depends on territory, build-out, and local market conditions. Request the full FDD on this page for Item 7's full investment breakdown.

What is the The Medicine Shoppe franchise fee?

The The Medicine Shoppe initial franchise fee is $103K, paid to the franchisor at signing. This is separate from total investment and does not include build-out, equipment, or working capital.

How many The Medicine Shoppe franchise locations are there?

The Medicine Shoppe operates 292 active locations as of the most recent FDD filing. Request the latest FDD for state-by-state distribution and openings/closures from Item 20.

When was The Medicine Shoppe founded?

The Medicine Shoppe was founded in 1970, giving the brand 56 years of operating history. Brand longevity matters in franchising because it correlates with refined operations, established supplier relationships, and a tested franchisee playbook.

Is a The Medicine Shoppe franchise profitable?

The Medicine Shoppe unit-level profitability depends on location, operating costs, staffing, and management. When a franchisor makes an earnings claim, it appears in Item 19 of the Franchise Disclosure Document, the only place franchise financial performance is officially disclosed. Request the The Medicine Shoppe FDD on this page to review any Item 19 financial performance representation.

How do I apply for a The Medicine Shoppe franchise opportunity?

Submit a request through this page to receive the The Medicine Shoppe Franchise Disclosure Document. The FDD contains everything you need to evaluate the opportunity: Item 7 investment, Item 19 financial performance, Item 20 unit counts and franchisee turnover, and Item 21 audited financials. There is no cost or obligation to request the FDD.

Where can I get the The Medicine Shoppe FDD?

The current The Medicine Shoppe FDD can be requested directly through this page. Franchise Disclosure Documents are federally regulated by the FTC and must be provided to prospective franchisees at least 14 days before signing any binding agreement or paying any fee.

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