Good Neighbor Pharmacy Franchise FDD, Profits & Costs (2025)

Good Neighbor Pharmacy is a network of independent pharmacies operating under a unified brand supported by AmerisourceBergen Drug Corporation. Based in Chesterbrook, Pennsylvania, it provides local pharmacy owners with a strong brand while letting them run their stores how they see fit.

Founded in 1982, the franchise now boasts thousands of pharmacies across the U.S., each actively engaged with its local community. This model has helped these pharmacies provide personalized service, making them different from large, impersonal chains.

Renowned for its commitment to customer satisfaction, Good Neighbor Pharmacy has consistently received high rankings in J.D. Power’s U.S. Pharmacy Studies. Their slogan, “Locally owned. Locally loved.” emphasizes their focus on community involvement, which has improved local health services.

Initial Investment

How much does it cost to start a Good Neighbor Pharmacy franchise? It costs on average between $279,000 – $575,000 to start a Good Neighbor Pharmacy franchised facility.

This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of pharmacy you establish, the location, and whether you choose to lease or purchase the property.

Type of ExpenditureAmount
Real Property Lease/Leasehold Improvements$50,000 to $110,000
Leasehold Improvement Management Services$0 to $1,500
Furniture, Fixtures, and Equipment$25,000 to $75,000
Pharmacy Management System Hardware and Software$0 to $15,000
Point of Sale System Hardware and Software$0 to $35,000
Interior and Exterior Signage$0 to $5,000 (interior) $0 to $20,000 (exterior)
Fees for Optional Goods and Services$0 to $1,908 (3 months)
Insurance$1,500 to $5,000
Opening Inventory (exclusive of GNP Private Label Products)$75,000 to $125,000
GNP Private Label Products$5,000 to $12,000
Pharmacy and Business Licenses$500 to $3,000
Additional Advertising and Marketing$0 to $15,000
Additional Funds – 3 months$120,000 to $150,000
GNP Premier Fee – 3 months$1,797
Total Amount$279,000 to $575,000

Competitors

Below are a few Good Neighbor Pharmacy competitors as a comparison:

Good Neighbor Pharmacy Franchise competitors

Good Neighbor Pharmacy Franchise Disclosure Document

Frequently Asked Questions

How many Good Neighbor Pharmacy locations are there?

As of the latest data, there are 2,468 Good Neighbor Pharmacy locations across 52 states and territories in the United States. The highest concentration is in California, with 277 locations, accounting for approximately 11% of all Good Neighbor Pharmacy locations nationwide.

What is the total investment required to open a Good Neighbor Pharmacy franchise?

The total investment required to open a Good Neighbor Pharmacy franchise ranges from $279,000 to $575,000.

What are the ongoing fees for a Good Neighbor Pharmacy franchise?

Good Neighbor Pharmacy operates as a network of independently owned and operated pharmacies, rather than a traditional franchise model. As such, it does not charge standard franchise fees like royalty or marketing fees typically associated with franchising.

Instead, members of the network may pay fees or costs related to services provided by Good Neighbor Pharmacy, such as support for marketing, technology, or supply chain management.

What are the financial requirements to become a Good Neighbor Pharmacy franchisee?

Good Neighbor Pharmacy does not operate as a traditional franchise and does not have specific financial requirements, such as minimum net worth or liquid capital, for ownership. Instead, it supports independently owned and operated pharmacies that join its network.

Prospective pharmacy owners will need to meet general financial requirements for starting and operating a pharmacy, including sufficient capital for construction, equipment, inventory, and initial operating expenses.

Who owns Good Neighbor Pharmacy?

Good Neighbor Pharmacy is owned by AmerisourceBergen, a global healthcare solutions company. AmerisourceBergen supports the Good Neighbor Pharmacy network by providing resources such as supply chain management, marketing support, and operational tools to help independent pharmacy owners succeed in a competitive marketplace.

Disclaimer

Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.

All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

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