EASTERN MARYLAND - THREE STORE GROUP FOR SALE

Three well-established Pharmacies, all in the same location for over 20 years, located in Harford County in Eastern Maryland, near the borders of Western Delaware and Southeast Pennsylvania. 45 miles from Baltimore and Wilmington, 70 miles from Philadelphia. Providing a full-range of pharmacy and pharmacy-related services, the pharmacies serve a trading area of over 265,000 people. The pharmacies are ideally located and staffed to provide a comprehensive offering of healthcare services to broad population bases. Only one of the Pharmacies has a competitor, a small-independent. Combined sales for FY 2023 were approximately $7.1MM, and FY 2024 continues to show strong growth. Gross margins are approximately 27.5% on average. Sales are approximately 95% prescriptions, with strong generic Rx dispensing rates. Currently filling 87,000++ prescriptions annually. 96% Insurance, 4% Cash. Generic dispensing averages 88%, Brands average 12%. Stores hours vary by location. Pharmacy #1 occupies 7000 sq. ft. space, 6000SF Selling and 1000 SF Storage. The current rent is $6020.36 monthly and expires 9/30/2025. Pharmacy #2 occupies 6000 sq ft space, 5000 SF Selling and 1000 SF Storage. The current rent is $5515.00 per month, expires 10/23/2025 and has two 5-year options. Pharmacy #3 Pharmacy occupies 6000SF space, 5000SF Selling and 1000SF Storage. The current rent is $2995.00 monthly, expires 10/23/2025 and has two 5-year options. All locations are fully staffed, and the personnel are experienced and knowledgeable about the local marketplace and the customers. This is an opportunity for a multi-store owner or group to purchase three well-established, highly profitable pharmacies in thriving areas with active medical communities in well-established suburban locations. With some reasonable marketing efforts, a new owner can reap the rewards of these highly profitable stores.

 If interested in this listing, please contact Larry Greenfield.

NORTHWEST NJ - A well-established high-volume pharmacy (Over 100 years in business in the same location, 5 years under current ownership) located in Sussex County in Northern New Jersey. Located 55 Miles from Manhattan, 50 miles from Newark, 30 Miles from Wayne. This store serves a middle-class trading area of more than 150,000 people, is located on a busy street in the main shopping area of the town, close to all retail and medical services. There are no other independent pharmacies in the town, only one chain. This Pharmacy is well-known for its high level of service, quality care and product selection. FYE 12/31/2023 was $4.12MM, FY 2024 tracking to $3.9MM. Historic GP 19.5% overall. Currently filling 48,000++ Rxs annually. 89% Generic Rxs, 11% Brand. 6% cash, the balance in traditional Managed Care plans. Store Hours are 9:00AM-7:00PM M-F, 9AM-3PM Saturday, closed Sundays and Holidays. 56 hours weekly. The store occupies 1,100 sq. ft. of space, not including storage. The building also has six residential apartments for lease. Sellers own the building and are selling to a purchaser or the Pharmacy. The asking price for the building is $1.5MM. Required payroll includes Payroll includes 1 RPh/PIC, 1 PT RPh, 1 FT Rx Tech, 1 PT Rx Tech, 1 FT clerk, 1 PT clerk, 1 PT Driver. All existing personnel are experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist, a multi-store owner, to purchase a well-established, profitable store in a great location that is poised for continued growth. This store is well positioned in the community as a premier health care provider. With some reasonable marketing efforts, the store is ready to continue expansion into new, specialty niches under a new owner. This is a highly desirable location and an excellent business and investment opportunity. Seller only considering offers for Pharmacy and Real Estate as a package.

 If interested in this listing, please contact Jack Collins.

LOS ANGELES COUNTY PHARMACY FOR SALE

A well-established (20 years in this location) pharmacy located in the Walnut Park section of Huntington Park. Located 7 Miles from downtown Los Angeles, this store serves a middle-class trading area of more than 50,000 people. There are the usual mix of competitors in the area. Sales for FY 2024 are on track for $1MM, and an increase is projected for FY 2025 with new offerings that were implemented this year. Average Gross Margins of 35%. Currently filling 25K Rxs annually, primarily dispensing Generics. Store hours are 9-5 M-F, closed nights, weekends, and holidays. 40 hours weekly. The store occupies 2500 sq. ft. space which includes a new 250 sq. ft. consultation room. Current lease renews July 2025, monthly rent is $6,000.00. Landlord is open to discussing a new, longer lease for a new owner. Required payroll includes 1 FT Pharmacist (The current owner) 1 full time clerk. The staff is experienced and knowledgeable about the customers and the local market. This is an opportunity for a pharmacist to purchase a long-established, profitable store in a desirable and pleasant environment. The store was entirely remodeled this year with a new consultation room and many upgrades completed. The pharmacy also implemented a new vaccination program for children 3-18 years. The pharmacy generates strong profits, and a new owner, with some reasonable marketing efforts and continued expansion of in-store offerings and programs, will reap the rewards of their efforts. The Seller is highly motivated and will listen to all reasonable offers for a purchase of the Pharmacy.

If interested in this listing, please contact Steve Wagner.

MASSACHUSETTES - CENTRAL - A well-established long term care pharmacy, in business for 8 years, located in a convenient location in Cental MA. Located 50 miles west of Boston, 50 miles east of Springfield, MA, the pharmacy services a broad mix of ALF facilities, group homes and certain other special clients within a 60-mile trading area that encompasses all the major cities in Massachusetts. It has a long-standing reputation for excellent service and is highly profitable. Positive relationships with facility managers have been developed and nurtured for many years. FYE 12/31/23 showed reported sales of $6.7MM with 37% GP, FY 2024 on track for $5.7MM in sales and 45% GP. Currently filling 8,500 Rxs per month, 35% Medicaid, 20% Managed Care, 30% Medicare, 15% Private Pay. Most packaging is bingo cards, single and multi-dose. Store Hours are 8:30-5:30 M-F, 10AM-2PM Saturday, 10AM-1PM Sunday. 52 Hours weekly. The business occupies a 7.200 sq. ft. space, has been in the same location since its inception. There is a long lease in place, expires 2/28/2026, has one three-year option and three additional five-year options. Current base rent is $17.500 monthly including utilities. The business is fully staffed with knowledgeable and experienced pharmacists, technicians and back-office staff. Deliveries are made by local independent contractors using their own vehicles. This is an opportunity for an experienced pharmacist to purchase a long-established, highly profitable closed-door pharmacy in a trading area that has convenient access to Boston Metro and Western MA. LTC experience helpful but not necessary, as the knowledgeable and long-tenured staff know how things work and handle the day to day most efficiently. A good addition for someone who perhaps is already in the LTC business operating somewhere further west, or anywhere in the northeastern marketplace. Very high cash flow makes servicing debt comfortable with a high ROI on invested capital as well.

 If interested in this listing, please contact Jack Collins.

WASHINGTON STATE - THURSTON COUNTY - A well-established and growing pharmacy (34 years in this location, under current ownership for 9 years), in an excellent, high-visibility and traffic location. Located 3 Miles from downtown Olympia, 40 miles from Tacoma, 65 miles from Seattle. The store serves a vibrant trading area of more than 55,000 people. There are the usual chains and a few small independent pharmacies in the immediate area, none that offer the service and selection of this Pharmacy. The store also has strong relationships with local assisted living facilities. It continues to grow steadily and earns strong profits. Sales for FY 2023 were $6.22MM. FY 2024 is on a similar sales track. Strong growth over the past three years due to strong customer service. Gross margins of 16.5%. Currently filling 48K Rxs annually, 7% Cash, the balance paid for by Insurance Plans. 80% Generics, 20% Brands. Store Hours are 9AM-6PM M-F, 9AM-2PM Saturday, closed nights, weekends, and holidays. 50 hours weekly. The store occupies 2900 sq. ft. space, 1700SF for the pharmacy, 1200SF of storage. The current lease expires on 12/31/2025, and has one, five-year option. Monthly rent of $3,425.00. Landlord is open to discussing a new, longer lease for a new owner. Required payroll includes 1 FT RPh/PIC, 1 PT RPh, two full time techs, 1 full time clerk. The staff is experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist to purchase a long-established, highly profitable store in a desirable and pleasant environment. The pharmacy generates substantial profits, and a new owner will reap the rewards of a well-run store that has a strong presence in this marketplace and a great location that has many prescribers in its location, as well as other healthcare resources.

If interested in this listing, please contact Steve Wagner.

Oklahoma - A nicely growing pharmacy, in business for 44 years under the original owner, located in NE OK. Located 50 miles from Tulsa, 150 miles from Oklahoma City, the pharmacy serves a trading area of 10,000 people. The pharmacy is ideally located and staffed to serve the local population base with a comprehensive offering of products and services. There is one other Independent Pharmacy in the town and no chains. Sales for FY 2023 were approximately $1.6MM, and FY 2024 continues to show strong growth. Gross margins are approximately 22%. Sales are approximately 98% prescriptions, with strong generic Rx dispensing rates. Currently filling 30,000++ prescriptions annually. 89% Insurance, 11% Cash. Generic dispensing is 94%, Brands 6%. Store hours are 9AM-6PM M-F, 9AM-1PM Saturday. Closed Sundays and holidays. 49 hours weekly. The owner of the Pharmacy owns the Real Estate and is open to sell the Real Estate to the Buyer of the Pharmacy. Required personnel are 1FT RPh/PIC (The Owner), 1 PT RPh, 1 PT Rx Tech, 2 PT Clerks. All existing personnel are experienced and knowledgeable of the local marketplace and customer base. This is an opportunity for a young RPh or multi-store owner or group to purchase a well-established, highly profitable pharmacy in a pleasant, semi-rural environment. The store has a strong reputation for service and the proximity to all Medical Facilities and Retail Outlets enables it to continue to prosper. It is on a growth track and with some modest marketing efforts, a new owner will reap the benefits of a well-run store with limited competition.

If interested in this listing, please contact Tom Cook

VENTURA COUNTY - A well-established (20 years in this location) pharmacy located in central Ventura County. 40 Miles from downtown Los Angeles, this store serves an affluent trading area of more than 100,000 people. Located nearby all local medical facilities and prescribers. The store has strong compounding and specialty healthcare components unique in this marketplace. It continues to grow steadily and earns very high profits. Current sales are $3.084MM, on track to generate $3.2MM++ for FY 2024. Steady growth over the past three years. Gross margins of 27.5% and strong profits due to the compounding practice and specialty immunization programs unique to this pharmacy within the local trading area. Very low operating costs. The store is currently filling 42,000 Rxs annually, 2,300 of which are compounds, all paid in cash, the balance paid by traditional managed care plans. The store is open from 9-6 M-F, closed nights, weekends and holidays. 45 hours weekly. It occupies 900 sq. ft. space which includes 100 sq. ft. of storage. The current lease expires in 2027, monthly rent of $3,075.00. Landlord is open to discussing a new, longer lease for a new owner. The required payroll includes 1 FT Pharmacist (The current owner serves in this position), two full-time techs,1 full time clerk. The staff is experienced and knowledgeable about the customers and the local market. There is financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for an experienced pharmacist to purchase a long-established, highly profitable store in a pleasant, suburban environment. This store generates substantial profits after servicing any debt incurred in the transaction. A new owner will reap the rewards of a well-run store that has a unique niche in this marketplace and a great location, surrounded by many prescribers and other healthcare resources.

If interested in this listing, please contact Steve Wagner.

 If interested in this listing, please contact Tom Cook

Miami, FL - A well-established high volume, high-profit pharmacy, in business for twelve years, eight years in the current building. Primarily focusing on delivery service, the store is ideally situated to serve the Miami downtown and local Metro areas. Located 7 Miles from downtown Miami, 17 miles from Hollywood, FL and 25 miles from Fort Lauderdale, this store serves a trading area of more than 500,000 people. Because of the strength of the delivery business, the store has developed a strong niche that has been underserved in the area. FY 2024 tracking to approximately $4.6MM, based on recent financial information. Gross margins of 22.5% overall. Currently filling 75,000++ Rxs annually. 88% Generics, 12% Brands. Store Hours are 8AM-4PM M-F. Closed Weekends and Holidays. 40 hours weekly. The store occupies 2500 sq. ft. of space, 2100 SF Pharmacy and 400 SF of storage. Owner owns building, proposes rent of $6000 per month 3NNN. Potential Real Estate Investment as there is an additional Tenant in the building. Required payroll includes Payroll includes 1 FT RPh, 2 FT Techs, 1 FT Clerk, 2 FT Drivers. All existing personnel are experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist, a multi-store owner, to purchase a well-established, profitable store in a great location that is poised for continued growth. This store is well positioned in the community as a premier health care provider. With some reasonable marketing efforts, the store is ready to continue expansion into new, specialty niches under a new owner. This is a highly desirable location and an excellent business and investment opportunity.

 If interested in this listing, please contact Larry Greenfield.