What is the Average Cost of a Rite Aid Franchise? Average Rite Aid Franchise Price

Rite Aid is one of the biggest retail drugstore business houses in the U.S. The company runs 4,780 franchised drugstores in more than 30 states and the District of Columbia. The average set up cost of a Rite Aid franchise is around $350,000 with a 15-year agreement period. The franchise owner has to pay an amount of initial franchise fee that is in between $10,000 and $12,000 to the parent company. Rite Aid sells a variety of health and beauty aids and some 3,300 brand private-label products that contribute in the company’s net annual sales.