LISTING: CA-1

North Coast CA - A high gross-profit pharmacy, located in Marin County, in Coastal Northern California. Providing a full range of pharmacy and pharmacy-related services, the store has been in operation for fifty years, under current ownership since 2006. Located 50 miles from San Francisco, the pharmacy serves a trading area of 20,000 people. The pharmacy is ideally located and staffed to provide a variety of healthcare services to the area population. Sales for FY 2024 were approximately $2MM, and business continues to remain strong. Current full store Gross Margins are 35%. Sales are approximately 70% Rxs, with strong generic Rx dispensing rates. The store also has a solid front-end business of OTC, HBA, Toys and Gifts that generates 50% GP and sees high volume from tourist and seasonal traffic. Currently filling 15,000++ prescriptions annually. 100% Insurance Pay. Generic dispensing averages 76%, Brands average 24%. Store hours are 9AM-6PM M-F, 9AM-4PM Saturdays, 10AM-3PM Sundays. 57 hours weekly. The store occupies 1800 sq. ft. space including 300 SF Storage. The current lease is month-to-month. The base rent is $2735.00 per month. The landlord is open to providing an extended lease to the new owner of the Pharmacy. Required personnel are 1FT RPh, 1 PT Pharm Tech, 1 FT Clerk, 1 PT Clerk, 1 PT Delivery Person. All existing personnel are experienced and knowledgeable of the local market and the customers. This is an opportunity for an experienced Pharmacist to purchase a well-established, highly profitable pharmacy in a pleasant well-trafficked area. The store has a strong reputation for service and is known in the community as the go-to location for prescribers and patients. It will continue to grow and with some modest marketing efforts, and a new owner will reap the benefits of a well-run store with limited competition.

If interested in this listing, please contact Steve Wagner.