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Medical Pharmacy for sale in Broward

Contact Information Inquire Here General Location: Broward ID#: 125321001
Financial Information Asking Price: $630,000 Gross Annual Revenue: $1,036,522 Adjusted Annual Earnings: $152,221
Additional Information General Category: Pharmaceutical Specific Buisness Type: Medical Pharmacy Facility: Office base Summary Profile:

Compounding / Retail Pharmacy – Broward County. Est. 20 Years.

2020 Sales: $1,036,522

Highlights

  • Compounding Pharmacy Established for 20 Years in the same location, original Pharmacist Owner/operator.
  • High-Profit Margins due to Majority of business from Non-Sterile Compounding. Principal focus on Dermatology, Hormones and Pet Care
  • Full DEA License. Contracted with most insurance plans. No audits pending. No issues on past Board of Pharmacy Inspections.
  • Has walk-in business. Offers delivery service. Ships throughout the entire state.
  • Many cash sales for retail prescriptions. Popular pharmacy for competitive prices.
  • Front End sales are supported by a busy shopping plaza with many well-known tenants and National Brand names.
  • Currently, open 5 & ½ Days. Opportunity to keep front end open later to increase sales. Add medical supplies/DME and increase product selection.
  • Opportunity to expand the scope of a compounding practice. Obtain Out of State Licenses.
  • Limited Marketing is being done at this time. The business is asking for a new owner to take it to the next level.
  • This is an excellent opportunity for an ambitious Pharmacist or an experienced and well-established group to take over.
  • Gross blended profit margins for entire store at ~52% for 2020.

**Seller is interested in a Cash offer. A qualified buyer may be able to obtain financing from one of the major wholesaler-distributors.

Contact Tom Jones for further details 754-224-3111

Refer to 1253-21001 when inquiring