Northwestern Illinois -  A long-established (35 years), full line independent pharmacy located in a pleasant small town in northwestern Illinois. 60 miles west of Rockford, 65 miles northeast of Davenport, IA, this store serves a local market of 2,000++ people, has no local competition whatsoever. The nearest independent is 10 miles away in the next town, along with a Pamida supermarket pharmacy, no chains within 30 miles of this location. 12/31/11 reported sales of $1.9MM, stable full store margins of 21%++. 90% Rx sales. The store is currently filling 35,000 Rxs annually, all traditional retail Rxs, no specialty or closed door of any kind. 4% cash, 13% Medicaid, the balance Managed Care. It is open from 8:30-5:30 Monday - Saturday, no nights, Sundays or holidays. 54 hours weekly. It occupies a 3,700 sq. ft. main floor space which includes 450 sq. ft. of storage, plus full basement. New long lease available at starting base rent of $2,000.00 monthly, possible real estate investment opportunity for a qualified buyer. The payroll includes 1 FT pharmacist (the current owner), 1 vacation relief pharmacist, 4 PT techs (one of whom is the owner's wife, two of whom are certified), 2 PT clerks. All are experienced and knowledgeable about the customers and the local marketplace. There is financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for a young pharmacist to buy a long established and stable independent pharmacy in a pleasant small town market, one with no competition at all in the local market. There are no doubt some specialty opportunities that can be pursued by a new owner, who will earn a reasonable living while paying down debt.

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