$2 Million Retail Pharmacy
We are pleased to introduce a retail pharmacy headquartered in Southeast Texas and Florida. The business generates approximately 99% of its revenue from dispensing diabetic supplies to patients nationwide. The business operates a traditional brick and mortar pharmacy in Texas and a marketing and order validation facility in Florida.
The pharmacy has full licensure in most states. Operations could easily be expanded into other states by obtaining additional Pharmacy licenses, which would generate additional revenue.
They accept all 3rd party insurance carriers and Part D Plans.
Gross revenues are expected to reach $2 Million by the end of 2018 with the majority of the sales coming from high margin diabetic supplies. The Gross Margin is approximately 60% with net income of approximately 12%.
This opportunity is an excellent launching point for an entity looking to quickly grow a specialty, retail, compounding , or a mail order pharmacy operation. It would also be an excellent add on to an existing Pharmacy and would greatly assist in increasing gross profit margins in most Pharmacy settings.
The seller is motivated and would like to focus on other business ventures, but the rest of the staff, including the Pharmacist in Charge, will stay on with a new owner. The asking price for this opportunity is $1 Million.
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