Retail Pharmacy. All Insurances. Add Compounding.
Tampa, FL Hillsborough County
Very busy location surrounded by medical centers and clinics
Request More Information Contact the Seller
- RE: Retail Pharmacy. All Insurances. Add Compounding.
- Contact: Brian Zoberg
- License #: BK3289133
Quick Facts
| Asking Price: | $575,000 | |
| Annual Revenue: | $1,284,899 | |
| Net Profit: | $266,000 | |
| Cash Flow: | $266,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2009 | |
| Employees: | 3 | |
| BBN Listing #: | 1019107 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Established independent retail pharmacy in a busy West Coast Florida location surrounded by medical clinics and many residential communities. Operating for 17 years, the business has grown organically through word-of-mouth referrals and serves a large Hispanic customer base, with popular OTC and health and beauty products complementing prescription sales. Gross margins are approximately 33%, and daytime hours Monday through Friday, with no nights or weekends, provide an attractive work-life balance. Full DEA license 2-5. Direct third party insurance contracts with CVS/Caremark, Optum, Humana, Express Scripts, Prime Therapeutics, and Florida Medicaid. McKesson is the primary wholesaler, and Health Mart Atlas is the PSAO. Growth opportunities include non-sterile compounding, vaccinations, weight loss management and nutrition counseling, GLP-1 patient support, and other niche opportunities. Targeted local outreach and online marketing could further expand the customer base. Ideal for a first-time pharmacist owner or an established group entering the West Coast of Florida, this cash-flowing business offers an established customer base, operating infrastructure, and existing licenses and insurance contracts without having to go through the lengthy approval and credentialing process.
Contact the Seller:
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Property Features and Assets:
Retail pharmacy with ample room to add non-sterile compounding, wellness, nutrition and weightloss counseling. Adjacent space is available as well.
Market Competition and Expansion:
Minimal competition from independents in the area. This pharmacy caters to a large Hispanic population and provides OTC /HBC products not sold in other local pharmacies and supermarkets.
Start local and online targeted marketing campaigns. Provide additional services. This is a word of mouth referral business that has grown organicially.
Reason for Selling:
Please Call. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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