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.

Good Neighbor Pharmacy

FDD Year:

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.

2,286

Locations

Since 2009

Franchising

RetailConshohocken, PACencora, Inc.www.AmerisourceBergen.comDisclaimer

Franchise Costs

Franchise Fee

Item 5 of FDD

Initial Investment Range

N/A

Item 7 of FDD

Royalty Rate

N/A

Brand Fund

N/A

Item 6 of FDD

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

Franchise	Investment	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)	$97K – $180K	$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.