Good Price Pharmacy Warehouse

What Good Price Pharmacy Warehouse does

Good Price Pharmacy Warehouse is an Australian retail pharmacy chain headquartered in Mansfield, Brisbane, operating more than 40 physical stores across Queensland, New South Wales, Victoria, Tasmania, South Australia, and Western Australia under a warehouse-format value model that includes the parallel GP Discount Pharmacy franchise sub-brand. Founded in 2001 and employing 501-1000 staff, the company sells over-the-counter medicines, pharmacist-only medicines, prescription dispensing, vitamins and supplements, baby care, beauty, personal care, and general health products alongside an expanding suite of in-store professional services.

The operating model combines high-street discount retail with healthcare service delivery. Stores carry brands such as Calvin Klein (fragrance), Cenovis, Swisse, and Nature's Way (vitamins), Pigeon, Medela, Tommee Tippee, and Bellamy's (baby), alongside private-label and OTC ranges, and are supported by a website at goodpricepharmacy.com.au that offers Click & Collect and a GP Mail subscription delivery service with a $5 coupon on orders over $50. Professional services span flu and COVID-19 vaccinations, telehealth, pharmacist prescribing (including for UTIs and hormonal contraception), medication checks, diabetes care, asthma and allergy support, smoking cessation, skin condition consultations, travel health, sick leave certificates, and corporate workplace flu programs. Strategic alliances with MedAdvisor (digital medication management), QML Pathology, and a co-located Good Health Bulk Billing Doctor Surgery at Mt Gravatt extend the offering into an integrated health hub.

Name

Good Price Pharmacy Warehouse

Legal name

Good Price Pharmacy Warehouse

Website

https://goodpricepharmacy.com.au

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Retail Pharmacy

NAICS

Pharmacies and Drug Retailers (45611)

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

Discount Drugstores (Value-Focused Chain Pharmacies) (CRAEAHAA)

akta.pro secondary industries

Health, Wellness & Pharmacy Online Retailers (CRAFADAG), Discount Drugstores with Front-End General Merchandise (Value GM) (CRAEAHAI)

Keywords

• Retail pharmacy
• Pharmacy services
• Health and beauty
• Prescription dispensing
• Vaccination services

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices43 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Retail Product Sales: Sale of health, beauty, baby care, personal care, medicines, vitamins, and general health products through physical retail stores and e-commerce website. Revenue generated from direct consumer purchases at listed prices, with promotional discounts and catalogue specials offered regularly.
2. Health Services: Professional health services including flu vaccinations, COVID-19 vaccinations, medication checks, diabetes care, and other pharmacy health services offered at store locations.
3. Corporate Vaccination Programs: Corporate flu vaccination programs offered to businesses for their employees.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Good Price Pharmacy Warehouse operates a discount retail pharmacy chain in Australia, selling health, beauty, baby care, personal care, vitamins, supplements, OTC and prescription medicines through more than 40 physical stores and an e-commerce site. The company also delivers pharmacist-led professional health services including flu and COVID-19 vaccinations, medication checks, diabetes care, asthma and allergy support, smoking cessation, telehealth, and prescription dispensing at the point of sale.

Product overview

Good Price Pharmacy Warehouse is an Australian retail pharmacy chain operating both online e-commerce platform and physical store locations across multiple states. The business offers a unified retail platform combining pharmacy (prescriptions, pharmacist-only medicines), health services (vaccinations, diabetes care, medication checks, telehealth), and consumer retail (baby care, beauty, vitamins, personal care, general health products). The product portfolio includes private-label and branded products across 7 main categories with over 40 health service offerings including flu/COVID vaccinations, asthma care, quit smoking support, and travel health. The company operates a franchise model with approximately 40 store locations nationwide, supported by an online store with Click & Collect capability.

Differentiator

Problem solved

Functional benefit

Brands

• GP Mail: Email newsletter and delivery service offering $5 off next purchase for subscribers.
• Health & Beauty Circle
• Good Price Priority (MedAdvisor)

Products and services

• Baby Care Comprehensive range of baby care products including accessories, food, wellness items, wipes, bath/hair/skin products, feeding equipment, formula, and nappies from brands such as Pigeon, Medela, Tommee Tippee, and Bellamy's, sold in-store and online for parents and caregivers.
• Beauty Extensive beauty assortment spanning cosmetics (face, eyes, lips, nails, brushes), fragrance (men's, women's, unisex, children's, home), hair care (shampoo, styling, colours, treatments), and skin care (moisturisers, cleansers, masks, serums), targeting beauty-conscious Australian consumers.
• General Health General health products covering digestive health (antacids, laxatives, fibre), eye and ear care, first aid supplies, home health care equipment (blood pressure monitors, thermometers, diabetes care devices), and pet care products, sold in-store and online.
• Medicines Over-the-counter and pharmacist-only medicines including allergy treatments, cough/cold/flu remedies, general medicines, pain relief, antifungal creams, smoking cessation products, and self-testing kits.
• Personal Care Personal care items including foot care (compression socks, insoles), household products, oral care (toothbrushes, toothpaste, mouth rinses, denture care), feminine hygiene, incontinence products, grooming, and sun care.
• Prescriptions Prescription medication dispensing service available at all store locations with pharmacist consultation.
• Vitamins & Supplements Vitamins, minerals, probiotics, and sports nutrition products for immunity, healthy ageing, kids' health, men's health, and women's health from brands including Cenovis, Swisse, and Nature's Way.
• Flu Vaccination Service Professional flu vaccination service delivered at store locations with online appointment booking for walk-in and scheduled patients.
• COVID-19 Vaccination Service COVID-19 vaccination appointments administered by pharmacists at select Good Price Pharmacy Warehouse locations.
• Diabetes Care Service Diabetes calculator, blood glucose monitoring support, and ongoing diabetes care consultations provided in-store by pharmacists.
• Medication Check Service Pharmacist-led medication reviews and medication administration services for patients managing multiple prescriptions.
• Travel Health Services Travel vaccinations and pre-travel health advice for international travellers, delivered by pharmacists at participating locations.
• Telehealth Service Pharmacist telehealth consultations enabling remote access to a range of pharmacy health services without an in-store visit.
• Corporate Flu Vaccination Program Bulk workplace flu vaccination service sold to businesses to vaccinate their employees on-site or at participating pharmacy locations.
• Click & Collect Online order with in-store pickup at participating locations including Mt Gravatt, allowing customers to shop the e-commerce site and collect purchases from a chosen physical store.
• GP Mail Newsletter Email newsletter service offering a $5 off coupon for subscribers, with updates on sales, new products, store openings, and healthy hints, paired with home delivery of pharmacy products.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• MedAdvisorcoreTechnology or IntegrationMedAdvisor is a medication management platform that allows Good Price Pharmacy Warehouse customers to manage their prescriptions digitally. The partnership enables the Good Price Priority service, allowing customers to manage medications, set reminders, and communicate with pharmacists through the MedAdvisor app.
• QML PathologycoreOthersQML Pathology operates a collection center located within the Mt Gravatt Good Price Pharmacy Warehouse store, providing convenient pathology testing services for customers at this location.
• Good Health Bulk Billing Doctor SurgerycoreOthersA bulk billing doctor surgery is located within the Mt Gravatt Good Price Pharmacy Warehouse store, providing integrated healthcare services for customers at this location.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• National Pharmacies: South Australian-based pharmacy chain with stores across multiple states offering prescriptions, beauty, and health services. Comparable pharmacy retailer with overlapping geographic footprint in SA and broader Australia.
• Chemist Warehouse: Australia's largest discount pharmacy chain with 500+ stores nationally. Directly competes head-to-head with Good Price on the value-led discount pharmacy positioning, broad SKU range across health, beauty, and baby, and catalogue-driven promotional cadence.
• Blooms The Chemist: Australian pharmacy chain with 100+ stores across regional and metropolitan areas offering prescriptions, health services, and beauty. Comparable franchise-style pharmacy retail network serving overlapping customer segments.
• Priceline Pharmacy: National Australian pharmacy and beauty chain operating hundreds of stores with a strong beauty-led positioning alongside pharmacy services. Comparable to Good Price as a multi-state chain retailer combining prescriptions, beauty, vitamins, and health services.
• My Chemist: Sister banner to Chemist Warehouse, operated under related ownership with similar discount pharmacy positioning. Directly comparable value-led pharmacy retail format competing in the same Australian market.
• Amcal Pharmacy: Long-established Australian pharmacy network with hundreds of stores offering prescriptions, professional services, and health/beauty retail. Comparable multi-state franchise pharmacy chain with overlapping product and service offering.
• TerryWhite Chemmart: Large Australian franchise pharmacy network with 500+ stores offering pharmacy dispensing, professional health services, and front-of-store retail. Directly comparable multi-state franchise model competing for the same value-conscious Australian consumer.
• Discount Drug Stores: Australian discount-focused pharmacy banner group operating under a franchise model with a value pricing proposition. Directly comparable value-led pharmacy retail format and franchise structure.

Regional players

• Pharmasave: Australian pharmacy network with regional concentration offering prescriptions, health services, and retail. Comparable franchise pharmacy model, with stronger regional versus metropolitan focus relative to Good Price.

Emerging players

• ePharmacy: Australian online-only pharmacy retailer offering prescription dispensing and OTC products via direct-to-consumer delivery. Comparable overlap with Good Price's e-commerce channel and broader pharmacy retail category, though operating without physical stores.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCJ99i0llK4cJ1geEduQxnog
• Facebookfacebook.com/goodpricepharmacywarehouse
• Instagraminstagram.com/goodpricepharmacy

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Good Price Pharmacy Warehouse