Pharmacies For Sale in Arizona
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AZ-1. Tucson - A five year old apothecary
pharmacy located in one of Tucson's best areas in this
large and rapidly growing city. The store serves a
heavily populated, affluent trading area, has no
immediate independent competition, only large chains who
do not provide the service that the marketplace demands.
The business continues to grow at a rapid pace due to
this factor. 2006 reported sales of $2.2MM, growing at a
rapid rate, should top $3.0MM in 2007. 98%+ Rx sales.
Currently filling more than 32,000 Rxs annually, 8%
cash, 72% managed care, only 10% Medicaid. Generic fill
percentage is in excess of 63%, making for solid Rx
department profitability. Is in the process of adding an
Assisted Living facility that will increase Rx count by
5,000 annually. The store is open from 8:30 - 5:00 M-F,
closed Saturday, Sundays and holidays. 43 hours per
week. It occupies a 1,500 sq. ft. space, very clean,
newly built out facility. Ample parking, well located on
major local artery. Current rent of $2,500.00 per month
plus some extras, new lease to be negotiated at the time
of sale. The store is fully staffed with knowledgeable
personnel who know the customers and the local
marketplace well. There is financing available for a
creditworthy and qualified buyer with a reasonable
equity contribution. This is an opportunity for a young
pharmacist, a first-time buyer, to buy into a growth
situation, build a service business in this affluent
trading area with limited independent competition. This
store can provide a reasonable living for a new owner
while paying down debt, will continue to grow rapidly
with the right person in charge. There are no doubt
specialty opportunities in this market (such as
compounding) that can provide significant additional
sales and profits.
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