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