Details - Information last confirmed on April 14, 2021
Texas Pharmacy for Sale - $450,000 + Inventory
Year 2020 (numbers rounded)
Profit & Loss
Total Income: $1,527,000 (OTC approx. $15,000)
Gross Profit: $322,000
Other Income: $26,000
Net Income: $106,000
Cash Flow: $160,000+
Cash: $657,000 (Stays with the Seller but presented to show the store has made money.)
Liabilities: $190,000 (Loan between Seller and the Business and stays with the Seller.)
This pharmacy owner has been very strict in the management of prescriptions and does not fill scripts with low/no profit, or high DIR Fees. There is lots of growth potential for a buyer with a different business model.
Yearly Scripts: 26,333
Cash: 60% of scripts
3rd Party: 40% of scripts
Generics: 89% of scripts
Brand: 11% of scripts
Avg Retail: $57.37
Veterinary compounding of approximately 1,200+ per year.
Similar number for people script compounding.
Insurance Contracts: all
Inventory: $150,000 (Can be reduced before closing.)
Lease: month to month (Property owner wants the pharmacy to stay.)
Sq Ft: 1,200
Standalone building with a drive through window.
Employees: 4 including Pharmacist/Seller
Seller is willing to work through a transition period and then part time thereafter if needed. Wife is a Tech and Store Manager. She will work through a transition period and then will retire.
No legal or audit issues.
No scripts from doctor groups.
Only licensed in Texas.
Not in the HEAT Zone
Located in a small town north of Houston. Growth area where property values are increasing. Median Home Value $450,000.
Nearest Competition: Approximately 15 miles away.
Reason for selling: Ready to spend more time fishing.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.