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.

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.