Retail Pharmacy. All Insurances. Add Compounding.
Established independent retail pharmacy in a busy West Coast Florida location surrounded by medical clinics and many residential communities. Operating for 17 years, the business has grown organically through word-of-mouth referrals and serves a large Hispanic customer base, with popular OTC and health and beauty products complementing prescription sales. Gross margins are approximately 33%, and daytime hours Monday through Friday, with no nights or weekends, provide an attractive work-life balance. Full DEA license 2-5. Direct third party insurance contracts with CVS/Caremark, Optum, Humana, Express Scripts, Prime Therapeutics, and Florida Medicaid. McKesson is the primary wholesaler, and Health Mart Atlas is the PSAO. Growth opportunities include non-sterile compounding, vaccinations, weight loss management and nutrition counseling, GLP-1 patient support, and other niche opportunites. Targeted local outreach and online marketing could further expand the customer base. Ideal for a first-time pharmacist owner or an established group entering the West Coast of Florida, this cash-flowing business offers an established customer base, operating infrastructure, and existing licenses and insurance contracts without having to go through the lengthy approval and credentialing process.
Buyer Fee?
No
Franchise?
No
Real Estate?
No
Principals Only?
No
Willing To Co-broke?
Yes
Management Will Stay?
Yes
Represented By Broker?
Yes
Financials
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