Posts in Southeast
GA-1

SOUTHEAST GA -– A well-established pharmacy (over 22 years in business in the same location) located inside a major hospital. This store serves as the provider of Pharmacy services to discharging in-patients of the hospital and the hospital employees. There are other independent pharmacies in the town and the usual chains, none of which offer the high level of service and quality care of this Pharmacy, which occupies a unique niche because of the relationship to the hospital. FYE 12/31/2023 was $3.09MM, up from $2.86MM in 2022. Gross margins of 14.3% overall. 5% Front-end sales, primarily OTC/HBA, Cards, Snacks and Drinks. Currently filling 32,000++ Rxs annually. 89% Generic Rxs, 11% Brand. 5% cash, the balance in traditional Managed Care plans. Store Hours are 8:30AM-6:30PM M-F, closed weekends and Holidays. 50 hours weekly. The store occupies 1,357 sq. ft. of space, 1207 sq ft Pharmacy and 150 sq ft storage. The current base rent is $3,319. The lease is currently on one-year automatic extensions. Landlord is open to a new lease for a new owner of the Pharmacy. Required payroll includes Payroll includes 1 FT Phcst, 1 PT Phcst, 2 PT tech, 2 PT clerks. All existing personnel are experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist, a multi-store owner, to purchase a well-established, profitable store in a great location that is poised for continued growth. This store is well positioned in the community as a premier health care provider. With some reasonable marketing efforts, the store is ready to continue expansion into new, specialty niches under a new owner. This is a highly desirable location and an excellent business and investment opportunity.

 If interested in this listing, please contact Larry Greenfield.

SoutheastGuest User
VA-1

FRONT ROYAL, VA -– A well-established high-volume pharmacy (Over 25 years in business, 3 years in new and larger location) located in Warren County, VA. 75 Miles from Washington DC, 70 miles from Alexandria, 45 miles from Manassas. This store serves a middle-class trading area of more than 15,000 people, located in the main shopping area of the town, close to all retail, restaurants and medical services.  There are the usual chains and two other independent pharmacies in the town, none of which offer the high level of service, quality care, and reputation of this Pharmacy. FY 2023 $8.01MM, up from $7.22MM in FY 2022. Gross margins of 12.6% overall. Currently filling 106,000++ Rxs annually, including 15K annually for ALF and Hospice. 81% Generic Rxs, 19% Brand. 11% cash, the balance in traditional Managed Care plans.

Store Hours are 9AM-6PM M-F, 9AM-1PM Saturday, closed Sundays and Holidays. 49 hours week. The store occupies 4000 sq. ft. of space, 3000 SF pharmacy and 1000 SF storage. The current monthly rent is $5,163.33 per month including CAM and Taxes. Lease runs until 01/07/2026, with one five-year option. Landlord is open to discussing a new lease for a new owner. Required payroll includes Payroll includes 2 FT Phcst, 2 FT Tech, 1 FT Clerk, 1 PT Clerk, FT Driver. All existing personnel are experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist, a multi-store owner, to purchase a well-established, profitable store in a location that is poised for continued growth. With some reasonable marketing efforts, the store is ready to continue expansion into new, specialty niches under a new owner. This is a desirable location and an excellent business and investment opportunity.

 If interested in this listing, please contact Larry Greenfield.

FL-1

COCONUT GROVE, FL - A well-established high-profit pharmacy with extensive high-end front store skin care department, located in the upper-middle class neighborhood of Coconut Grove. In business in the same location and under same ownership for 15 plus years. 5 Miles from downtown Miami, 30 miles from Fort Lauderdale, this store serves a trading area of more than 25,000 people. It is located on the main level of a residential condominium building, in the main shopping area of the town, close to all retail, restaurants and medical services. There are other independent and chain pharmacies in the area, none of which offer the high level of service, quality care, product selection, and reputation of this Pharmacy.FYE 12/31/2022 was $2.47MM, FY 2023 tracking at $2.2MM. Gross margins of 33% overall. Approximately $200K in high-end skin care products, $120K in mostly high-dollar, high-profit compounded dermatology prescriptions. Currently filling 18,000++ Rxs annually, plus 1200 Compounded Cash Rxs. 81% Generics, 19% Brands. 9AM-7PM M-F, 9AM-3PM Saturday, closed Sundays, and Holidays. 56 hours weekly. The store occupies 1400 sq. ft. of main level, high-traffic space. Owner owns building, proposes rent of $5000 per month. Required payroll includes Payroll includes 1 FT RPh, 2 PT Techs, 1 FT Clerk, 1 FT Driver. All existing personnel are experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist, a multi-store owner, to purchase a well-established, profitable store in a great location that is poised for continued growth. This store is well positioned in the community as a premier health care provider and high-end skin care products retailer. With some reasonable marketing efforts, the store is ready to continue expansion into new, specialty niches under a new owner. This is a highly desirable location and an excellent business and investment opportunity.

 If interested in this listing, please contact Larry Greenfield.

SoutheastGuest User