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Updated RecentlyMedicine Shoppe vs 4ever Young Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Medicine Shoppe vs 4ever Young 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 | $237,900 - $398,400 |
| Franchise Fee | $10,000 - $18,000 | $39,500 - $50,000 |
| Royalty Fee | 2-5.5% | 4.5% |
| Advertising Fee | - | Up to 1% |
| Year Founded | 1970 | 2014 |
| Year Franchised | 1970 | 2019 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | We believe we have the right recipe for success, but it’s missing one ingredient—you. If you’re someone who has the sincerity and drive to go out and turn your vision for a successful business into reality, you’ll fit right in. Our founders and staff are all committed to their personal wellness. We live the lifestyle we sell to our clients. Our approach to personal wellness inspires and motivates the people we see. Clients want to be treated like they matter by people who care as much about their wellness as they do, so passion is a must-have to make it in this business. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/Yes |
| Start-up Costs | Yes/No | -/Yes |
| Equipment | Yes/No | -/Yes |
| Inventory | Yes/No | -/Yes |
| Receivables | Yes/No | -/Yes |
| Payroll | Yes/No | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 44 hours Classroom Training: 36 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Online Support Site Selection |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Social media |
| 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) | Number of Employees Required to Run: 10 |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | 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.