MEDICAP PHARMACY
Medicap Pharmacies Incorporated offers franchises for operating retail pharmacies under the Medicap Pharmacy® name, marks, and system, providing prescription drugs, non-prescription medicines, health and beauty products, and additional services like wellness programs. The business model involves franchisees running stores with access to support services, pharmaceutical inventory from Cardinal Health affiliates, and optional Retail Solutions programs. The target market is the general public, with elderly persons comprising a disproportionate share due to the aging population.
Franchise Costs
3% of gross sales continuing license fee (or $599/mo fixed if purchasing 95% of pharmaceuticals from Cardinal Health) + optional Retail Solutions monthly fees ($55-$999 depending on services selected)
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How MEDICAP PHARMACY Compares
Key Insights
- Higher investment than 91% of Medical Services franchises
- One of the lowest SBA loan default rates in Medical Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
MEDICAP PHARMACY Current | $513K – $895K | N/A | 3.0% | 63 |
| VISION SOURCE | $100K – $450K | N/A | 2.5% | 3,007 |
| THE JOINT CHIROPRACTIC (UNIT) | $254K – $521K | $40K | 7.0% | 696 |
| AFC/AMERICAN FAMILY CARE | $956K – $1.5M | $60K | 6.0% | 304 |
| THE MEDICINE SHOPPE OR MEDICINE SHOPPE | $513K – $896K | N/A | 3.0% | 271 |
| ANY LAB TEST NOW | $171K – $298K | $55K | 7.0% | 237 |
Medical Services Average 22 franchises | $257K – $533K | $59K | 6.4% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 22 Medical Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+10 more states
SBA Loan History
Historical SBA 7(a) loan data for MEDICAP PHARMACY franchisees (2010 – 2020)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
64 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
64 Contacts Available
Unlock all MEDICAP PHARMACY franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a MEDICAP PHARMACY franchise ranges from $513,050 to $894,876. Ongoing royalty fees are 3.0% of gross sales.
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