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Updated RecentlyMedicine Shoppe vs Liquid Nutrition Group Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Medicine Shoppe vs Liquid Nutrition Group 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 | $150,000 - And Up |
| Franchise Fee | $10,000 - $18,000 | $35,000 |
| Royalty Fee | 2-5.5% | 6% |
| Advertising Fee | - | 2%local + 2%Co-op |
| Year Founded | 1970 | 2004 |
| Year Franchised | 1970 | 2011 |
| Term Of Agreement | 20 years | 5 years |
| Term Of Agreement | 20 years | 5 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | *A dedication to personal health and well-being *Familiarity with the food service industry. *Ambitious, energetic and highly motivated, possessing strong leadership skills and organizational 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) | Franchisees have the opportunity to purchase single and multi-unit investments. |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| 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.
About Liquid Nutrition Group
A Remarkable Turnkey Opportunity in the Health and Nutrition Industry Single and Multi-Unit Investments Available! INVEST IN YOUR PASSION FOR HEALTHY LIVING Society's growing focus on healthy living has offered an outstanding opportunity. Several players have stepped up to serve an emerging demand in the smoothie market - none does it as well as Liquid Nutrition. Liquid Nutrition offers this ever-growing demographic the one-stop shopping convenience of nutritious functional beverages, healthy food items, sports supplements and high-quality vitamins all under one roof. A publicly traded company (LQD.V), Liquid Nutrition provides a remarkable and rewarding ground floor opportunity to be part of the next generation in health and nutrition concepts. Join a progressive company championed by elite athletes and guided by an exceptional management team. If you share our dedication to maintaining good health and peak performance, Liquid Nutrition presents an exceptional opportunity to live your beliefs in an easy-to-operate franchise. Plus, Liquid Nutrition franchisees reap the benefits of being part of the dream team - Steve Nash (NBA), Matt Ryan (NFL), Russell Martin (MLB), Vincent Lecavalier (NHL), Suzann Pettersen (LPGA) and Torah Bright (Gold Medalist) who embody the Liquid Nutrition mantra and vision. For more information, please contact: Glenn Young, President LIQUID NUTRITION GROUP INC. e-mail: [email protected] tel: 905-815-1112