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- RE: Very Profitable Compounding Pharmacy. High Margins
- Contact: Brian Zoberg
- License #: BK3289133
Quick Facts
| Asking Price: | $6,500,000 | |
| Annual Revenue: | $8,000,000 | |
| Net Profit: | $1,400,000 | |
| Cash Flow: | $140,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | 13 | |
| BBN Listing #: | 936456348 | |
| Broker Reference #: | PHARMACY |
Business Overview:
Very profitable Retail and Non-Sterile Compounding Pharmacy in Palm Beach County. In business for approximately 15 years. Pharmacist husband and wife are the owner/operators. Specializes in non-sterile compounding with very large margins. GROSS PROFIT MARGIN 32% last year. Also processes and fills prescriptions for walk-in and delivery customers. Has all insurance plans in place, Full DEA License (2-5). Partners with one of the big three wholesalers and is a very successful pharmacy in their pharmacy network stores. No major audits pending. Mostly repeat business and referrals from long term relationships with local MD's and offices. Located in an A plus center with major tenants. Many well-known national brands and chain restaurants keep the center busy 7 days a week. Situated in a town with affluent Baby boomers and many young families as well. Many new planned high end housing developments and retirement communities in very close proximity. Pharmacy has tremendous growth potential by marketing these new senior residents and Physician groups for the non-sterile compounding, retail and specialty pharmacy business. Excellent opportunity for an entrepreneurial pharmacist and/or investor group to continue to grow the business. Can be an add on to a current pharmacy or small chain for central compounding.
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Property Features and Assets:
Limited competition which is mostly from national chain pharmacies. Specializes in compounding. Same Day Home Delivery service. Personalized service.
Market Competition and Expansion:
Opportunity to increase local and online marketing as well as promotion of high profit margin compounding to local physicians.
Reason for Selling:
Please Call
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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