Retail Pharmacy. All Insurances. Add Compounding.

Business Overview:

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

The pharmacy operates from a freestanding 6,115-square-foot building with a drive-through, of which the pharmacy occupies approximately 2,250 square feet. The owners are flexible on lease terms and are also open to discussing the sale of the complete building. A portion of the property is leased to an established healthcare-service tenant under a long-term lease, and an additional clinic space is available and already built out. This presents a strong opportunity for a buyer to bring in a physician practice, clinic, or other complementary healthcare provider.

The available space also provides ample room to add non-sterile compounding. A buyer acquiring the complete property could explore a future sterile-compounding build-out.

The pharmacy maintains valuable direct contracts with CVS Caremark, Optum, Humana, Express Scripts, Prime Therapeutics, and Florida Medicaid, and uses AlignRx as its PSAO. It has an agreement with Cardinal Health as its primary wholesaler and supplements purchasing through generic distributors, allowing it to source medications competitively and support strong reimbursement potential and margins.

There is meaningful opportunity for growth through increased marketing and a management team with pharmacy-development experience. Additional expansion opportunities include closed-door services, long-term care at home, non-sterile compounding, delivery-focused programs, and strategic relationships with local physicians and clinics. Very little marketing is currently being done.

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Property Features and Assets:

Retail Pharmacy in free standing facility with ample parking. Part of the property is rented to a medical related business. Long term lease or opportunity to purchase the property. Ample room to add sterile and non-sterile compounding. Convenient South Florida, Miami-Dade location.

Market Competition and Expansion:

Add Compounding, vaccines, wellness, onsite prescriber. Increase local and online targeting marketing campaigns.

Reason for Selling:

Please Call. Kindly ask the seller for more information.

Additional Details:

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