Medicine Shoppe vs Complete Nutrition Franchise Comparison

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

Start-Up Costs and Fees

 
Medicine Shoppe Franchise
Complete Nutrition Franchise
Investment $74,300 - $253,400$188,450 - $406,250
Franchise Fee $10,000 - $18,000$30,000
Royalty Fee 2-5.5%8-9%
Advertising Fee --
Year Founded 19702005
Year Franchised 19702007
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Medicine Shoppe Franchise
Complete Nutrition Franchise
Experience --

Financing Options

 
Medicine Shoppe Franchise
Complete Nutrition 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
Complete Nutrition 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
Complete Nutrition Franchise
US Expansion -Yes
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 Complete Nutrition

Complete Nutrition was founded in 2004 by Cory Wiedel and Ryan Zink. With the goal of outthinking, outselling, and out marketing the national competition, they created Complete Nutrition to feature exclusive products that couldn’t be purchased elsewhere. The leadership team continues to innovate the system with services that benefit both customers and Franchise Owners' most recently, an eCommerce platform that boosts store sales and retains customers. The business also provides world-class support to its Franchise Owners through its turnkey marketing materials. Over the years, Complete Nutrition has become more than a supplement store, but rather a lifestyle brand that helps customers achieve their goals.

The health and wellness industry is growing more than ever, with people focused on living healthier lives. Using a consultative method, Complete Nutrition emerges from the competition as an industry leader. Through advanced technology and exemplary customer service, you can equip your customers with everything they need to reach their goals. As a Franchise Owner, you can feel good about helping to change lives.