Pharmacy All Insurance Contracts. Add Sterile Comp

Business Overview:

Established community pharmacy serving its South Florida market for approximately 14 years. The business is owned and operated by a husband-and-wife team, with the wife serving as pharmacist-in-charge. The pharmacy fills approximately 200 prescriptions per day and operates Monday through Friday, providing a streamlined operation with approximately 80% of prescriptions delivered directly to patients. The pharmacy has low controlled-substance volume, an excellent audit history, and utilizes PioneerRx pharmacy management software.

The pharmacy maintains valuable direct contracts with CVS Caremark, Optum, Humana, Express Scripts, Prime Therapeutics, and Florida Medicaid. It utilizes AlignRx as its PSAO and Cardinal Health as its primary wholesaler, supplemented by generic distributors to provide additional purchasing flexibility.

The business operates from approximately 2,250 square feet within a freestanding 6,115-square-foot building featuring a drive-through and ample parking. The seller is flexible on long-term lease terms and is also open to discussing the separate sale of the entire property. A substantial portion of the building is leased to an established healthcare-service tenant under a long-term lease, while additional built-out clinic space provides an opportunity for a physician practice, clinic, or other complementary healthcare provider.

The facility also provides room for expansion into non-sterile compounding. A buyer acquiring the property could explore a larger build-out that may include sterile compounding, subject to applicable licensing, regulatory, and facility requirements.

Significant growth potential remains. Very little marketing is currently being conducted, providing a new owner with opportunities to increase prescription volume through physician and clinic relationships, targeted local and digital marketing, expanded delivery programs, non-sterile compounding, closed-door services, long-term-care-at-home programs, immunizations, wellness services, and other complementary pharmacy services. The combination of an established prescription base, major third-party contracts, strong delivery component, drive-through location, healthcare-related tenancy, expansion space, and optional real estate ownership provides multiple avenues for future growth.

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Property Features and Assets:

Established retail pharmacy operating from a freestanding approximately 6,115-square-foot building with ample parking and convenient access in Miami-Dade County. The pharmacy occupies approximately 2,250 square feet and benefits from a drive-through, providing added convenience for customers. A substantial portion of the property is leased to a medical-related tenant, creating an established healthcare presence at the location. Additional space offers the potential to expand pharmacy operations, including the build-out of non-sterile and/or sterile compounding facilities, subject to applicable regulatory requirements. The seller is flexible on real estate and can provide the pharmacy buyer with a long-term lease or discuss the separate purchase of the entire property. The combination of a freestanding facility, drive-through, healthcare-related tenancy, expansion potential, and optional real estate ownership provides significant flexibility for a new owner

Market Competition and Expansion:

The pharmacy operates in a competitive retail pharmacy market but benefits from an established customer base, major insurance contracts, delivery service, drive-through access, low controlled-substance volume, and a strong audit history. Significant growth opportunities exist for a new owner to expand services and diversify revenue. The property offers additional space that could potentially be built out for non-sterile and/or sterile compounding operations, subject to applicable licensing, regulatory, and facility requirements. The owner is also open to selling the entire property separately, providing a buyer with the opportunity to own the real estate and further develop the facility to support expanded pharmacy and compounding operations. Additional growth opportunities include immunizations, wellness and clinical services, an onsite prescriber, physician relationships, and expanded local and digital marketing.

Reason for Selling:

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Additional Details:

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