LISTING ID # 37098

Asset sale(AS IS) pharmacy for $195k Licenses: All licenses, all insurances, Medicare, Medicaid, Caremark, AlignRX, accreditations, 500 plus active patients, vaccination contracts with 30 facilities. No financial representations. Absentee owners just suspended operations (RXs 450 per wk continue to be serviced at another RX). All patients, records, inventory and contracts come back to this location and buyer with the sale. Three-year-old, state-of-the-art pharmacy located on a main road is now available for purchase. This stand-alone building includes dedicated parking and fills 400 to 440 prescriptions weekly, with numbers continuing to grow. The pharmacy holds all major insurance contracts, including Medicare, Medicaid, and Caremark, and maintains a contract with Align RX for vaccinations, flu shots, bird flu and COVID testing, and more. It has clean licenses, no audits, and is strategically located near a large medical center, sharing the building with doctors’ offices. The pharmacy primarily serves patients through referrals from doctors’ offices and medical facilities, with prescriptions delivered directly to patients. One of the pharmacy’s most valuable assets is its portfolio of at least 30 major active insurance contracts and payors - virtually impossible to obtain today - serving over 20,000 prescriptions per year. There are dozens of additional insurance contracts in place that have not yet been marketed to their insured members. These contracts alone are valued at over $500,000. The absentee owners purchased the business in early 2024, primarily to solicit and enroll pharmacy patients into their existing home care agency and adult day care business, rather than to operate a traditional pharmacy. As a result, the pharmacy has been underutilized. An active, owner-operator pharmacist could introduce over-the-counter (OTC) products—such as vitamins, cosmetics, and other healthcare and personal items—which are currently absent despite high foot traffic and available display space. There is also strong potential to add specialty licenses, compounding services, and durable medical equipment (DME), all of which represent significant revenue opportunities. There is a substantial growth opportunity to offer prescription delivery and DME services to the owners’ existing 2,000-client home care agency and 280-member medical adult day care program. Many of the recent expenses—such as consulting, construction, and marketing—are one-time, non-recurring costs that would add to a buyer’s net cash flow. To set up a similar pharmacy from scratch, including obtaining Medicare, Medicaid, insurance contracts, licenses, and referral sources, would require at least two years and an investment of $600,000 or more. The seller will only consider professionally and financially qualified, owner-operator pharmacists. Some seller financing may be available for the right buyer. Bank financing and private equity will not be considered.