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Updated RecentlyMedicine Shoppe vs Vemma Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Medicine Shoppe vs Vemma including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $74,300 - $253,400 | $299 - And Up |
| Franchise Fee | $10,000 - $18,000 | N/A |
| Royalty Fee | 2-5.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1970 | 2003 |
| Year Franchised | 1970 | 0 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | Yes/No | -/- |
| Equipment | Yes/No | -/- |
| Inventory | Yes/No | -/- |
| Receivables | Yes/No | -/- |
| Payroll | Yes/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Medicine Shoppe
The Medicine Shoppe is a wholly-owned subsidiary of Cardinal Health Inc., and has more than 1,100 locations throughout the United States and more than 200 stores worldwide.
Since 1970, franchisees have been providing pharmaceutical counsel and experience along with prescriptions and supplies.
Just as the right pharmacist can make all the difference to patients, the right franchisor can make all the difference to you. For more than 45 years, Medicine Shoppe International has helped pharmacists do what they want to do most: take care of patients. And while the business of pharmacy is complex, our mutual goal is simple: to fuel your passion for patient care and help you succeed.
About Vemma
This Is A Ground Floor Opportunity Backed By A Highly Successful 10 Year-Old Company! Vemma's parent company, New Vision, is a revolutionary leader in health and wellness. With over $1 billion in total retail sales, this company helped pioneer liquid nutrition over 10 years ago by introducing the #1 selling liquid mineral supplement in North America.