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.