Have Questions About FreeLYFE Rx?
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The estimated initial investment necessary to begin operations ranges from $434,100 to $854,200 for a newly developed location, and $195,500 to $519,500 for a conversion location. This includes a $50,000 initial franchise fee. As with any new venture, it’s important to have adequate capital to fund the initial business growth stages.
We may provide direct financing to franchisees in the FreeLYFE Rx program, including 50% of the initial fee financed over a two-year period, on a case-by-case basis. We may also provide additional financing for the purchase of the franchise.
We collect a royalty fee equal to 15% of gross revenue from compounded pharmaceuticals. Fees such as these allow us to fund our ongoing FreeLYFE Rx support services and the continued development of programs, marketing tools, training programs, recipes, and systems upgrades. For a full list of fees and requirements, please refer to our Franchise Disclosure Document (FDD).
After spending at least $5,000 on your initial grand opening marketing efforts, you will be required to spend a minimum of $500 per month on local marketing. You will also contribute $500 per month to the brand marketing fund. Collected funds will be used to develop marketing strategies to promote the FreeLYFE Rx brand and cover the creative costs to develop branded marketing materials and campaigns.
The ideal candidate should have:
Qualified candidates should meet the following criteria:
Yes, the FreeLYFE Rx franchise model and systems were developed by pharmacy industry leaders, and owner operations are clear and simple to follow.
FreeLYFE Rx was founded in 2025 in Couer d’Alene, Idaho and began branded services to Western U.S. pharmacies the same year.
The initial term of your agreement is ten years, with two subsequent successor agreement options of five years each.
Our FreeLYFE Rx franchise team will provide general site selection criteria and guidance in the selection of a suitable location for each market.
