How much does a Good Neighbor Pharmacy franchise cost?
Opening a Good Neighbor Pharmacy franchise takes a total initial investment of $43,797 to $556,405, according to the brand's 2025 Franchise Disclosure Document. The FDD's Item 19 reports median: 31 MTM services a month across 2,253 stores.
Good Neighbor Pharmacy franchises the operation of GNP Premier Pharmacies. Category: Healthcare.
Item 7
What it costs to open a Good Neighbor Pharmacy franchise
The franchisor's own estimated initial investment, as disclosed in its 2025 FDD. The total is $43,797 to $556,405. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Opening Inventory (exclusive of GNP Private Label Products) ($0 to $250,000), Additional Funds – 3 months ($40,000 to $50,000), and Leasehold Improvements ($0 to $50,000).
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Leasehold Improvements2025 FDD, Item 7, p. 19 | $0 | $50,000 | 2025 FDD, Item 7, p. 19 |
| Leasehold Improvement Management Services2025 FDD, Item 7, p. 19 | $0 | $1,500 | 2025 FDD, Item 7, p. 19 |
| Furniture, Fixtures, and Equipment2025 FDD, Item 7, p. 19 | $0 | $50,000 | 2025 FDD, Item 7, p. 19 |
| Pharmacy Management System Hardware and Software2025 FDD, Item 7, p. 19 | $0 | $15,000 | 2025 FDD, Item 7, p. 19 |
| Point of Sale System Hardware and Software2025 FDD, Item 7, p. 19 | $0 | $35,000 | 2025 FDD, Item 7, p. 19 |
| Interior and Exterior Signage2025 FDD, Item 7, p. 19 | $0 | $20,000 | 2025 FDD, Item 7, p. 19 |
| Fees for Optional Goods and Services2025 FDD, Item 7, p. 19 | $0 | $1,908 | 2025 FDD, Item 7, p. 19 |
| Insurance2025 FDD, Item 7, p. 19 | $1,500 | $5,000 | 2025 FDD, Item 7, p. 19 |
| Opening Inventory (exclusive of GNP Private Label Products)2025 FDD, Item 7, p. 19 | $0 | $250,000 | 2025 FDD, Item 7, p. 19 |
| GNP Private Label Products2025 FDD, Item 7, p. 19 | $0 | $1,200 | 2025 FDD, Item 7, p. 19 |
| Pharmacy and Business Licenses2025 FDD, Item 7, p. 19 | $500 | $3,000 | 2025 FDD, Item 7, p. 19 |
| Additional Advertising and Marketing2025 FDD, Item 7, p. 20 | $0 | $15,000 | 2025 FDD, Item 7, p. 20 |
| Additional Funds – 3 months2025 FDD, Item 7, p. 20 | $40,000 | $50,000 | 2025 FDD, Item 7, p. 20 |
| GNP Premier Fee – 3 months2025 FDD, Item 7, p. 20 | $1,797 | $1,797 | 2025 FDD, Item 7, p. 20 |
| Total estimated initial investment2025 FDD, Item 7, p. 19-20 | $43,797 | $556,405 | 2025 FDD, Item 7, p. 19-20 |
About this total: The printed total was re-read from page 20 and is what the document prints; it does not equal the sum of the listed row amounts when the Interior and Exterior Signage line is read as printed.
Source Good Neighbor Pharmacy, 2025 FDD, Item 7, p. 19-20, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-27.
Item 19
What Good Neighbor Pharmacy's FDD reports in Item 19
median
31 MTM services a month
This is a count of MTM services a month, not money. Good Neighbor Pharmacy's 2025 FDD, Item 19, for the November 2023 – July 2024. Basis: Measured GNP Premier Pharmacies and pharmacies only participating in Elevate Provider Network.
Sample size: 2,253 stores. The FDD also reports average MTMs completed per month of 80 MTM services a month. We lead with the median because an average is pulled upward by the strongest stores; the median is the middle store.
What the franchisor excluded from this figure
- The FDD's Item 19 states no exclusions; it covers all outlets described in its scope.
This is a disclosure of what some existing stores reported, not a projection of what a new Good Neighbor Pharmacy store would earn. Your results will differ.
Source Good Neighbor Pharmacy, 2025 FDD, Item 19, p. 44-45, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-27.
Item 20
How many Good Neighbor Pharmacy outlets there are, and how many closed
Good Neighbor Pharmacy ended 2024 with 2,287 franchised outlets and no company-owned outlets. In that year 201 franchised outlets opened and 211 left the system.
Three years at a glance
From 2022 through 2024, Good Neighbor Pharmacy opened 696 franchised outlets and 562 outlets left the system. That is a net gain of 134, from 2,153 to 2,287 franchised outlets. Of the outlets that left, 562 were terminated.
On average, about 8.4% of franchised outlets left the system each year, roughly 1 in 12.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2,297 | 201 | 211 | 0 | 0 | 0 | 2,287 | 2025 FDD, Item 20, p. 61 |
| 2023 | 2,275 | 238 | 216 | 0 | 0 | 0 | 2,297 | 2025 FDD, Item 20, p. 61 |
| 2022 | 2,153 | 257 | 135 | 0 | 0 | 0 | 2,275 | 2025 FDD, Item 20, p. 61 |
Source Good Neighbor Pharmacy, 2025 FDD, Item 20, p. 61, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-27.
Compare
How Good Neighbor Pharmacy compares with other Healthcare franchises
Measured against the 31 Healthcare franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Good Neighbor Pharmacy's estimated range is $300,101. It costs more to open than 57% of Healthcare franchises here.
- Outlets leaving each year. 8.4% for Good Neighbor Pharmacy. That is higher than 76% of the 18 Healthcare franchises with at least 10 outlets.
- Three-year growth. Good Neighbor Pharmacy's franchised system grew 6.2%. The typical Healthcare franchise here grew 100%.
- Earnings disclosure. 16 of the 31 Healthcare franchises here publish earnings figures in Item 19. Good Neighbor Pharmacy is one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Healthcare franchise side by side.
Alert me when Good Neighbor Pharmacy files a new FDD
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