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Pharmacies For Sale in Colorado
For additional information, please write to
Larry Greenfield.
In order to receive additional information about pharmacies on our
web site, you must have a current, fully executed nondisclosure
agreement on file with us.
Click here to download the agreement.
Thank you.
CO-1. Central Colorado - A well-established, full line
independent pharmacy located in a pleasant small town in Colorado, 90
miles west of Colorado Springs, just 120 miles from Denver. The store
serves a trading area with a population of more than 4,000 people, is
the only independent within 25 miles, only one other pharmacy in town,
in the local supermarket. Population doubles in the summer months as
this is a popular tourist destination. 2007 reported sales of $1.6MM,
resumed growth after a fire in 2006, will do $1.7MM in 2008. 90% Rx
sales, full store margins of 25%++. The store is currently filling
26,000 Rxs annually, 19% cash, 2% Medicaid, the balance Managed Care. It
is open from 9-6 M-F, 9-6 Sat (Rx department closes at 3:00pm on
Saturday), no nites, Sundays or holidays. 54 hours per week. It occupies
a 4,200 sq. ft. space including 700 sq. ft. of storage space. All
fixtures and equipment in the building are less than two years old, as
is the building itself. Long lease available at starting rent of
$2,500.00 per month, possible real estate acquisition opportunity for
the right buyer. It is staffed with 1 FT pharmacist (the current owner),
1 PT pharmacist, 1 FT tech, 4 PT clerks, PT bookkeeper. All are
experienced and knowledgeable about the customers and the local market.
There is financing available for a creditworthy and qualified buyer with
a reasonable equity contribution. This is an opportunity for a first
time buyer to buy into a growth situation in a pleasant small town
marketplace, one with excellent outdoor activities easily accessible as
well as great skiing. This store can provide a reasonable living for a
new owner while paying down debt, will continue to grow 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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