Good Neighbor Pharmacy vs Medicap Pharmacy
Good Neighbor Pharmacy vs Medicap Pharmacy: Good Neighbor Pharmacy costs $655K to $4.2M to open; Medicap Pharmacy costs $50K to $409K. Good Neighbor Pharmacy has 16 units, Medicap Pharmacy has 96. SBA loan history: Good Neighbor Pharmacy = 16 loans (0.0% default); Medicap Pharmacy = 131 loans (3.8% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.
Good Neighbor Pharmacy vs Medicap Pharmacy: Capital, Scale & Lending Analysis
Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.
Capital Intensity
Medicap Pharmacy requires the lower minimum capital commitment ($50K vs $655K for Good Neighbor Pharmacy), a 1210% spread. Initial franchise fees come in at $45K for Good Neighbor Pharmacy versus $50K for Medicap Pharmacy, Good Neighbor Pharmacy has the lower entry fee.
System Scale & Tenure
On scale, Medicap Pharmacy operates 96 units to Good Neighbor Pharmacy's 16, roughly 6× the system size.
SBA Lending Profile
Medicap Pharmacy has the deeper SBA lending track record, with 131 7(a) approvals compared with 16 for Good Neighbor Pharmacy. Good Neighbor Pharmacy's peak SBA year was 2021 (7 loans); Medicap Pharmacy's peak was 2003 (13 loans). Good Neighbor Pharmacy's more recent peak generally indicates fresher lender appetite. Good Neighbor Pharmacy has the most SBA funded units in CA, with 4. Medicap Pharmacy leads in IA, with 21. Borrowers should pick the brand whose strongest SBA state matches their own state for warmer lender introductions. Average SBA loan size on funded Good Neighbor Pharmacy deals is $2.0M vs $223K for Medicap Pharmacy, useful as a sizing anchor when modeling your own unit.
Risk Signal
SBA default rates are 0.0% for Good Neighbor Pharmacy and 3.8% for Medicap Pharmacy, Good Neighbor Pharmacy has the cleaner SBA loss record by 3.8 points. PeerSense FPI scores come in at 59 (Moderate) for Good Neighbor Pharmacy and 54 (Moderate) for Medicap Pharmacy, giving Good Neighbor Pharmacy the stronger composite signal across SBA performance, lender appetite, and operational consistency.
Health & Performance
FPI Score | 59/100 | 54/100 |
Health Tier | Moderate | Moderate |
Confidence | N/A | N/A |
Lending Trend | Declining | Declining |
SBA Lending
SBA Loans | 16 | 131 |
SBA Volume | – | – |
Default Rate | 0.0% | 3.8% |
Peer Tier | growing | major |
Investment & Costs
Total Investment | $655K to $4.2M | $50K to $409K |
Franchise Fee | $45K | $50K |
Royalty Rate | N/A | 3% |
Ad Fund | N/A | 0.5% |
Liquid Capital | N/A | N/A |
Net Worth Required | N/A | N/A |
Financial Performance (Item 19)
Item 19 Status | Disclosed | Disclosed |
System Size & Operations
Total Units | 16 | 96 |
Franchised Units | 16 | 96 |
Company Owned | – | – |
Term Length | 20 yrs | 10 yrs |
Brand Information
Year Founded | N/A | 1971 |
Franchising Since | 2009 | 2025 |
Years Franchising | 17 yrs | 1 yrs |
Headquarters | BEVERLY HILLS, CA | ATLANTIC, IA |
Category | Pharmacies | Pharmacies |
Website | ||
FDD Year | 2025 | 2023 |
Which Is Better, Good Neighbor Pharmacy or Medicap Pharmacy?
Lower upfront capital required
Medicap Pharmacy
Good Neighbor Pharmacy: $655K starting · Medicap Pharmacy: $50K starting
More SBA lender confidence
Medicap Pharmacy
Good Neighbor Pharmacy: 16 SBA loans · Medicap Pharmacy: 131 SBA loans
Lower SBA default rate
Good Neighbor Pharmacy
Good Neighbor Pharmacy: 0.0% · Medicap Pharmacy: 3.8%
Larger system & brand presence
Medicap Pharmacy
Good Neighbor Pharmacy: 16 units · Medicap Pharmacy: 96 units
More lender financing options
Medicap Pharmacy
Good Neighbor Pharmacy: 6 unique lenders · Medicap Pharmacy: 61 unique lenders
Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.
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About These Franchises
Good Neighbor Pharmacy vs Medicap Pharmacy: Franchise Funding Comparison
Comparing Good Neighbor Pharmacy and Medicap Pharmacy is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $50K to $4.2M.
Good Neighbor Pharmacy has 16 SBA loans on record and Medicap Pharmacy has 131. Those totals are cumulative history rather than a measure of current appetite. Recent lending activity is trending down for at least one of these brands, so current lender appetite has to be checked deal by deal rather than assumed from the totals.
SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.
Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.
Good Neighbor Pharmacy vs Medicap Pharmacy, Frequently Asked Questions
Which is a better franchise investment, Good Neighbor Pharmacy or Medicap Pharmacy?
How much does a Good Neighbor Pharmacy franchise cost compared to Medicap Pharmacy?
Can I finance Good Neighbor Pharmacy or Medicap Pharmacy with an SBA loan?
Which has a lower SBA default rate, Good Neighbor Pharmacy or Medicap Pharmacy?
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman