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Apr 19, 2019 — Our firm is pleased to introduce the following pharmacies for sale in Maryland and Florida.
Maryland Pharmacy for Sale:
Asking Price: $1,500,000 plus inventory.
2018 Sales: $4.7M
Rx sales: 97%
Front Sales: 3%
62% of Rx sales are controlled substances. This is due to Orthopedic and neurology practices in same medical building.
No compounding, DME, 340B, LTC.
Yearly Scripts: 56,000
Current Inventory: $465,000
License: MD - retail
Ins. Contracts: PSAO - Third Party Station, Caremark, ESI, MD Medicaid, others
Location: Medical Building, Suburban area, Low-Med Income neighborhood.
Rent: $6,700/month, 2 years remain on lease.
No audit or litigation issues.
Seller is an absentee owner and will not stay after transition. However, all the current staff that run and manage the business will be staying.
Business was started in 2003.
FL Pharmacy for Sale:
Asking $600,000 - all offers will be considered.
Seller: Prefers a partner that brings growth potential.
Would pursue URAC accreditation with a partner’s backing.
Is a real go getter and a well-spoken professional.
Is currently working on a Master’s Degree in Pharmacoeconomics.
Started this pharmacy in 2008.
If the correct partner can’t be found, then the pharmacy will be sold as an entire business, or possibly split the departments between a couple buyers.
Yearly Scripts Filled: 18,500
Total Sales: $2.7M
Rx Sales: $2.66M
Front End Sales: $30,000
Mail Order: $1.5M
Computer, POS, Equipment, other assets: $40,000
Sq Ft: 3,500
Neighborhood: High Income
Seller Personally Licensed in FL, CO
Pharmacy also licensed in GA, SC
Has all insurance companies through PSAO
Individually contracted with Caremark, ESI, Prime.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.