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.