Business Overview:
*WOW FACTOR* A Pharmacy, A Specialy Prescription Service, and Property Management Company.
This is an amazing combination of 3 Great Operations, There is Pharmacy,, a Subscription Service Company, and a Property Management Company.
Here is .information on each The Subscription Service Company.
This is a very specialized pharmacy operation that is used for dispensing of prescriptions and other associated professional and administrative services. It dispenses and delivers prescriptions primarily to patients residing within an intermediate or skilled nursing facility. They even do their own hands-on delivery!
Their target markets are memory care facilities, rehabilitation facilities, group homes, independent living facilities, home health care, senior centers, private corporations, church groups, adult day care, halfway houses, intermediate care facilities, centers for the mentally retarded, Hospice, assisted living facilities, and other forms of congregate living arrangements.
They use an advanced, unique dispensing service. They provide a complete, high-tech prescription service to each facility that includes packaging, using an individual prescription "card system," and delivery of medicine directly to the individual patients/care givers at the facility.The facilities' managers do not have to worry about keeping up with the dosages, medicines, etc., as the packaging has everything separated and packaged to dispense per the doctors’ orders.
All medications are personalized for each patient with the times to take them and a full description of each medication including an exact replica of each medication on the packaging system. This packaging system allows patients to use their medications exactly as prescribed and, most importantly, eliminates medication errors at each long-term care facility. In addition, the system makes it easy for patients to take a specific day's medications with them if they leave the facility for a few hours or even a home visit for an extended time. Again, this reduces patients' confusion and misuse of their medications when a need arises to leave their facility.
The Pharmacy For 17 years this full-service, independent pharmacy has been "the neighborhood pharmacy." It is a complete, full-service pharmacy that can supply all of a customer’s prescriptions, compounds, medical equipment, homeopathic remedies, vitamins, and over-the-counter needs. They have worked hard to become an integral part of the community. Their mission is to provide excellent service and affordable medical equipment, prescription medications, and over-the-counter products.
Their high commitment to the people and community is evident and has set this Pharmacy above the competition.Here are just some of the services and products offered:
• Full Prescription Services • Over the Counter Medicines
• Compounding • Vitamins & Supplements
• Vaccine Notifications • Consultation
• Vaccinations • Insurance Acceptance
• Homeopathic Remedies • Delivery Service (To Senior
• Pet Medications Living Facilities)
• CBD / Homeopathic medicines
They are also THE SOURCE for medical supplies and equipment needs. These include:
• Blood Pressure Monitors • Crutches
• Rollators • Knee Walkers
• Nebulizers • Compression Hose & Socks
• Canes • Wheelchairs
• Bathroom Safety Aids • Wound Care Items
• Blood Pressure Monitors • AND MORE
• Braces
This is a noted and progressive pharmacy operation that has over 4,000 regular customers. They keep track of physical needs, insurance information, instruction, education, goal setting, and so much more that is important in the ongoing needs for their customers. As a Compounding Pharmacy, their prescriptions are high profit items that add significantly to the profit of the business.
They are known for helping customers determine exactly which product best suits their specific needs from their wide variety of medical supplies and equipment.
In addition, the Pharmacy will be launching a campaign to introduce CBD products that will increase revenues and profitability.
The Property Management Co. This is a great property in a very high traffic area. There is plenty of parking and convenient access. The property is just over one acre and consists of two buildings. Each building has just less than 5,000 (4,996) square feet. They contain a total of five suites for lease.
The front building consists of two suites: Suites 100 and 200. Suite 100 is 3,345 square feet and is occupied by the pharmacy, which pays $70,998 per year. Suite 200 is 1,645 square feet and is being leased by Care Express Medical Center, which pays $29,700 per year.
The back building has 3 Suites: One is 1,295 square feet and is being rented the Prescription Services for $39,762 per year. The other Suite is being held for additional expansion of the prescription services company Another is 2,072 square feet and is being leased at a rate of $33,151 per year.
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Property Features and Assets:
This is a great property in a very high traffic area. There is plenty of parking and convenient access. The property is just over one acre and consists of two buildings. Each building has just less than 5,000 (4,996) square feet. They contain a total of five suites for lease.
The front building consists of two suites: One is 3,345 square feet and is occupied by the pharmacy, which pays $70,998 per year.The other s 1,645 square feet and is being leased for $29,700 per year.
The back building has 3 Suites: One is 1,295 square feet and is being rented for $39,762 per year. One is being held for additional expansion of the prescription services company. The other Suite is 2,072 square feet and is being leased at a rate of $33,151 per year.
Market Competition and Expansion:
Competition:
There are some pharmacies in the area, but none are established like this one. The prescription service has no similar competition in the area
Growth & Expansion:
The Pharmacy should have solid growth over the next 12 months and the Prescription Services could easily increase 100% over the same time period by just contacting additional senior facilities.
Reason for Selling:
Owner Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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