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