WEST PALM BEACH, Florida
| Asking Price |
$400,000 |
Year Established |
2012 |
|
| Annual Revenue |
$1,220,000 |
Reason for Selling |
Please Call |
|
| Annual P/L |
$170,000 |
Attention |
Brian Zoberg |
|
| Annual Cash Flow |
$170,000 |
Listing Number |
1016370 |
|
| # of Employees |
5 |
Business Category |
Retail: Health, Beauty, Nutrition |
|
Business Overview:
Well-established hometown community pharmacy, owned and operated by its original pharmacist founder and well known and respected among local residents. The pharmacy benefits from many strong, long-standing relationships with physicians and medical offices, making it an excellent opportunity for a first-time pharmacist owner-operator or an established group seeking to expand its presence in Florida. The business is currently operated by the pharmacist owner, one full-time technician, two part-time technicians, a part-time pharmacist who works one day per week and provides additional coverage as needed, and a part-time delivery driver.
Insurance contracts include CVS/Caremark, Express Scripts, Humana, Optum, Prime Therapeutics, and Florida Medicaid, with additional insurance and discount plans available through LeadNET PSAO. Cardinal Health is the primary wholesaler plus several secondary wholesalers, and Rx30 is the pharmacy software. The pharmacy offers cash-pay non-sterile compounding services with room for expansion, along with vaccinations such as seasonal flu shots. A small, easy-to-manage front end carries essential OTC products, sundries, and gifts and can be handled by the existing staff.
The pharmacy generated strong gross margins of approximately 30% in 2025 and 27% in 2024. Open Monday through Friday daytime hours only and closed nights and weekends, the business provides an excellent work-life balance. Additional growth opportunities include developing partnerships with clinics and implementing targeted local, online, and social media marketing initiatives.
Property Features and Assets:
<p>Independent retail pharmacy with ample room for expansion. Plenty of parking. Compounding area. Small front end that is easy to manage. Opportunity to offer additional services such as weight loss and nutrition support, MTMs, expand compounding (GLP-1) and vaccines.<br></p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity