Medicine Shoppe has empowered pharmacists to own and operate community-focused pharmacies. It was founded in 1970 in St. Louis, Missouri, and began franchising in 1971.
The company is still headquartered in St. Louis and operates under Medicine Shoppe International, a Cardinal Health company.
Medicine Shoppe franchise gives independent pharmacists the tools to deliver personalized care.
Franchisees offer prescription medications, over-the-counter health products, vitamins, wellness support, immunizations, and point-of-care testing. The franchise aims to restore the classic neighborhood pharmacy feel with modern efficiency.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
The franchise agreement with Medicine Shoppe outlines several types of training and assistance that may be available to franchisees:
Medicine Shoppe does not provide territory protection to its franchisees. The franchise agreement grants the right to operate a retail pharmacy at a single location, but this does not include exclusivity. Franchisees are not given any rights of first refusal or similar rights to acquire additional franchises, and any relocation of the business requires the franchisor’s consent.
In addition, franchisees may face direct competition from other franchisees, outlets operated by the franchisor, or other channels of distribution under either the same or different trademarks controlled by the franchisor.
The franchisor and its affiliates reserve the right to solicit and accept orders from any customers using any medium, including the internet, regardless of location. No compensation is provided to franchisees for business lost due to such competition.
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