Medicine Shoppe vs Le-Vel Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Medicine Shoppe vs Le-Vel including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Medicine Shoppe Franchise
Le-Vel Franchise
Investment $74,300 - $253,400$100,000
Franchise Fee $10,000 - $18,000N/A
Royalty Fee 2-5.5%-
Advertising Fee --
Year Founded 1970-
Year Franchised 1970-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
Medicine Shoppe Franchise
Le-Vel Franchise
Experience --

Financing Options
 
Medicine Shoppe Franchise
Le-Vel Franchise
  In-House/3rd PartyIn-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
 
Medicine Shoppe Franchise
Le-Vel Franchise
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)

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Expansion Plans
 
Medicine Shoppe Franchise
Le-Vel Franchise
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 Le-Vel

To build the Premium Lifestyle Company, we knew we had to look further then just a product, we had to envision a larger purpose, a deeper reason for what we were doing. We had to create the one and only Premium Lifestyle Brand. The Le-Vel Cloud Management system is the most state of the art, most efficient, and the most lucrative operations infrastructure system ever. It allows Le-Vel to operate with the lowest corporate overhead and yet have one of the fastest response and problem solving operating systems in the market. It allows for efficient manageability with fast pace growth solutions.Le-Vel Cloud Technology - A solution for large scale, large growth infrastructure: Order Tracking Shipping Commissions Customer/Promoter Support Team Sales/Sales Calculations Genealogy While other companies are bogged down with management that is both costly and inefficient. We are saving money and putting it where it needs to be, with our LV Rewards Plan. When it comes to state of thLe art efficiency, speed, stability and scalability, no other infrastructure beats our Cloud Technology.
No one beats Le-Vel.