Good Neighbor Pharmacy
The Good Neighbor Pharmacy (GNP Premier Program) franchise enables existing or start-up retail pharmacies to operate under the GNP brand, offering prescription services, over-the-counter health and beauty aids, front-end products, and complementary services like business coaching and data analytics. The business model revolves around a distribution agreement with AmerisourceBergen Drug Corporation, requiring participation in bundled programs such as Elevate Provider Network for managed care access, InSite data analytics, and optional merchandising/digital marketing services, with fees primarily for initial setup and select add-ons. It targets independent community pharmacies, regional retail chains, and healthcare providers serving walk-in consumers, patients with prescriptions, and facilities like long-term care.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: Financial performance data is presented for various metrics (e.g., MTM services, enhanced services dollars, private label product purchases) based on samples of GNP Premier Pharmacies during specified periods in 2023-2024. The largest sample used was 2,368 stores.
Extracted Item 19 Section
How Good Neighbor Pharmacy Compares to Other Healthcare Services Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Good Neighbor Pharmacy Current | N/A | N/A | N/A | 2,286 |
| Gameday Men's Health | $225K - $410K | $50K | 6.0% | 257 |
| ELLIE MENTAL HEALTH | $392K - $680K | $60K | 7.5% | 255 |
| Interim Healthcare | $156K - $239K | $75K | 5.5% | 226 |
| ASSISTING HANDS (UNIT) | $95K - $177K | $55K | 5.0% | 202 |
| Vital Care | $556K - $1.0M | $60K | 19.3% | 108 |
Healthcare Services Average 24 franchises | $215K - $473K | $58K | 6.8% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 24 Healthcare 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
+40 more states
SBA Loan History
Historical SBA 7(a) loan data for Good Neighbor Pharmacy franchisees (2019 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How many Good Neighbor Pharmacy franchise locations are there?
As of the 2024 FDD, Good Neighbor Pharmacy has 2,286 franchise locations. The company has been franchising since 2009.
Can you get an SBA loan for a Good Neighbor Pharmacy franchise?
Yes, SBA loans are available for Good Neighbor Pharmacy franchises. Historical data shows 15 SBA 7(a) loans have been approved for Good Neighbor Pharmacy franchisees, with an average loan amount of $2,111,360. The historical default rate is 0.0%.
Is Good Neighbor Pharmacy a good franchise to buy?
Good Neighbor Pharmacy shows several positive indicators: established brand with 2,286+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Good Neighbor Pharmacy?
Talk to a franchise advisor to get personalized guidance and learn if Good Neighbor Pharmacy is the right fit for you.
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