Good Neighbor Pharmacy is a cooperative network of independently owned and operated pharmacies, established in the early 1980s. Founded as part of AmerisourceBergen, one of the largest pharmaceutical distribution companies in the world, the franchise was created to support independent pharmacists by providing them with resources and a brand that could compete with large chain pharmacies.
Headquartered in Conshohocken, Pennsylvania, Good Neighbor Pharmacy operates with a mission to deliver personalized, community-focused healthcare while maintaining the autonomy of its member pharmacies.
The franchise began offering its services in the 1980s, providing member pharmacies with access to competitive pricing, marketing support, and a robust supply chain, enabling them to thrive in a market dominated by large corporations.
What sets Good Neighbor Pharmacy apart is its commitment to customer service and community involvement, which has led to its recognition for excellence in customer satisfaction by J.D. Power and other industry bodies.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Good Neighbor Pharmacy offers 2 types of franchises:
We are summarizing below the main costs associated with opening a Start-up Good Neighbor Pharmacy franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
Good Neighbor Pharmacy offers 2 types of franchises:
We are summarizing below the main costs associated with opening a Start-up Good Neighbor Pharmacy franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
Good Neighbor Pharmacy provides a structured training program to its franchisees, which includes the following key components:
Good Neighbor Pharmacy does not typically offer territory protection to its franchisees in the traditional sense, as it operates more as a cooperative network rather than a standard franchise model.
This means that while each independent pharmacy benefits from the collective strength and resources of the Good Neighbor Pharmacy brand, they do not usually receive exclusive rights to operate within a specific geographic area.
Instead, the focus is on supporting independent pharmacies in maintaining their autonomy while providing them with the tools needed to compete effectively in their local markets.
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Below are some of
Good Neighbor Pharmacy
key competitors in the
Pharmacy
sector.
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986 Pharmacy is a retail pharmacy franchise offering prescriptions, specialty medications, and health services, serving community patients including Medicare and Medicaid beneficiaries, and known for personalized multilingual care, fast local delivery, and integrating independent pharmacy values with modern technology.
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Pharmaconic is a pharmacy-ownership franchise offering full-service pharmacy operations, regulatory/licensing support and staffing, serving community-pharmacy owners and entrepreneurs, and known for fast-launch model, turnkey support and healthcare focus.
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Medicap Pharmacy provides personalized pharmaceutical services, ensuring patients receive expert guidance and care for their medication needs in a convenient and friendly environment.
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Medicine Shoppe is a pharmacy franchise offering personalized pharmaceutical services, ensuring patients receive expert guidance and care for their medication needs.
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Health Mart Pharmacy is a community pharmacy franchise offering personalized pharmaceutical care, prescriptions, and health services to local communities.
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Good Neighbor Pharmacy is a community pharmacy franchise that offers personalized healthcare services, prescriptions, and wellness support to patients.
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