Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!

Medicine Shoppe, The

Franchise

The Medicine Shoppe pharmacy was established in 1968 by St. Louis pharmacist, Michael Busch. Busch?s mission was to bring to his community a pharmacy that was both dedicated to personalized service and managed by the pharmacist. In 1970, Busch established Medicine Shoppe International, Inc. (MSI), allowing him to extend franchise-ownership opportunities to other customer-friendly, entrepreneurial pharmacists and independent investors. In 1971, the first franchised Medicine Shoppe pharmacy opened. Today, MSI continues to grow and focus on the needs of the customer by offering a full line of over-the-counter products, important health screenings, and the personal care and attention of a knowledgeable pharmacist who always takes the time to get to know his or her customers.

Facts & Figures

Liquid capital required
$10,000
Net worth required
$50,000
Investment
$77,000 - $152,500
Franchise fee
$10,000
Units in operation
1,312

Overview

$10,000 is required in available capital if you want to become a franchisee. New Medicine Shoppe, The franchisees need to have at least a $50,000 net worth. The low end of the total investment required to open a new franchise is $77,000. $152,500 is the maximum that someone opening a location should expect to invest. Before you become an owner, you will owe the franchisor a franchise fee of $10,000. There is currently a total of 1312 units in operation.

See what Medicine Shoppe, The is saying

Related

Is this your franchise?

Contact us to unlock your franchise's page to add content and get leads!