Franchise Summary
Description
The Franchise offered is for the operation of a retail pharmacy under the Medicap Pharmacy name and marks.
Company Background
Medicap Pharmacy is an established, well-respected pharmacy in the local community with three locations. We offer many types of medicine and service to our patients including; prescriptions, over the counter medication, herbal remedies, vitamins and more.
Franchise Opportunity
The pharmacy industry is highly competitive, and pharmacies need to find ways to stand out. Medicap Pharmacy is a retail pharmacy franchise that offers the highest quality products at affordable prices. We have been in business for over 20 years and are committed to providing our customers with the best experience possible. Our proven system provides you with everything you will need to open your own successful pharmacy franchise including training, support from corporate headquarters, marketing materials, and more! By becoming part of our family of stores we can help you reach your goals quickly and easily. Contact us today for more information on how you can join our team!
Corporate Structure
Medicap Pharmacies Incorporated is a corporation organized under the laws of the State of Iowa on February 16, 1971. Their principal offices are located at 7000 Cardinal Place, Dublin, Ohio 43017. MPI is a wholly-owned subsidiary of Medicine Shoppe International, Inc. MSI is a corporation organized under the laws of the State of Delaware on March 16, 1970.
Royalties and Marketing Fees
Royalties : 3.0% of revenue
Royalties : $199 to $1,995 per month
Earnings Transparency
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Franchise Types Available
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Management Team
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Distribution of Medicap Pharmacy Franchisees
Medicap Pharmacy Franchise System Development in 2025
FAQ
How much investment do I need to start my own Medicap Pharmacy business?
Franchisees typically require at least $513,050 to $895,653 investment to get their Medicap Pharmacy business started
What are the initial franchise fees for Medicap Pharmacy?
Franchisees typically need to pay at least $103,425 in fees directly to Medicap Pharmacy in order to earn the right to launch their business
How much money can I make with a Medicap Pharmacy franchise? What are
the average revenues for a typical Medicap Pharmacy business?
We haven’t done the math on how much revenue a typical
Medicap Pharmacy brings in each year. We estimate that other
franchisees in the Retail industry generate
$1,270,764 revenue, so we would expect
Medicap Pharmacy to generate a similar amount
How long do I need to commit to running a Medicap Pharmacy unit? What
is my contractual commitment?
Medicap Pharmacy franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$513,050 to $895,653
which is
Much Higher
than the $0 to $0 average in the Specialty Retail industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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