Rewarding Retail Rx NorCal
Asking Price: | $375,000 |
Gross Revenue: | $1,400,000 |
Rent: | $4,100 |
Cash Flow: | $130,000 |
Inventory: | $85,000 |
Established Year: | 2020 |
Rare opportunity to acquire a thriving retail pharmacy in Northern California with a remarkable year-over-year growth rate of 30%. This business is positioned for continued success, offering a full range of pharmacy services and cutting-edge health solutions in a rapidly expanding community.
Business Overview:
Established in 2020, this 1,600 sq. ft. pharmacy has quickly become the go-to healthcare provider in the area, known for its comprehensive range of services, including vaccines, COVID-19 testing, and specialized health consultations. With its prime location and close proximity to other healthcare facilities, the pharmacy enjoys a steady flow of customers and an impressive daily script average of 200.
Key Financial Highlights:
Annual Revenue: $1.4 million
Inventory: $85,000 (not included in asking price)
Rent: $4,100 per month (lease secured until 2028)
Over $150K invested in tenant improvements
30% average YOY growth rate
Seller financing available
Operational Details:
The pharmacy operates with a lean team of 5 employees and utilizes state-of-the-art software such as DigitalRX and HealthMart Atlas PBM to manage operations efficiently. Pharmacy services are enhanced by Scripted, an online portal that streamlines service delivery. The business also offers unique health solutions like the InBody 570 Body Analysis, catering to the holistic health needs of its customers. The seller currently operates the pharmacy in a semi-absentee mode, presenting an opportunity for an owner-operator to take full control and scale the business further.
Reason for Sale:
The owner is retiring and seeks a passionate pharmacist or healthcare entrepreneur to continue the business's growth trajectory. Seller may be willing to stay as a licensed Pharmacist, if applicable.
Growth Opportunities:
Expand relationships with local RCFEs, LTCs, and Assisted Living Facilities
Introduce primary care services to increase customer base and revenue
Extend operating hours to capture more market share
Develop marketing strategies to enhance brand visibility and customer acquisition
Ideal Buyer Profile:
This opportunity is ideal for a pharmacist or healthcare professional looking to acquire a profitable, turnkey operation with substantial growth potential. It is also well-suited for an entrepreneur eager to enter the healthcare industry and build on an already successful foundation.
Call-to-Action:
For more information on this exceptional opportunity, including detailed financials and operations overview, please submit a business inquiry.
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