Established Retail Pharmacy.
$575,000
Tampa, FL 33602
Highlights:
- Insurance Expense: 1000
Description:
Established independent retail pharmacy in a busy West Coast Florida location surrounded by medical clinics and many residential communities. Operating for 17 years, the business has grown organically through word-of-mouth referrals and serves a large Hispanic customer base, with popular OTC and health and beauty products complementing prescription sales. Gross margins are approximately 33%, and daytime hours Monday through Friday, with no nights or weekends, provide an attractive work-life balance. Full DEA license 2-5. Direct third party insurance contracts with CVS/Caremark, Optum, Humana, Express Scripts, Prime Therapeutics, and Florida Medicaid. McKesson is the primary wholesaler, and Health Mart Atlas is the PSAO. Growth opportunities include non-sterile compounding, vaccinations, weight loss management and nutrition counseling, GLP-1 patient support, and other niche opportunites. Targeted local outreach and online marketing could further expand the customer base. Ideal for a first-time pharmacist owner or an established group entering the West Coast of Florida, this cash-flowing business offers an established customer base, operating infrastructure, and existing licenses and insurance contracts without having to go through the lengthy approval and credentialing process.
Location
Gallery
