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Pharmacies For Sale in Georgia
For additional information, please write to
Steve Van Velkinburgh.
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GA-1. Northern Georgia - A long-established, high volume
independent pharmacy located in a pleasant mid-sized town in northern
Georgia, 90 miles north of Atlanta, 30 miles south of Chattanooga, TN.
The store serves a trading area with a population of more than 25,000
people, has limited local competition. 2007 reported sales of $2.86MM,
growing at a rate of 4% annually, will report $3.0MM in 2008. 97%+ Rx
sales, full store margins of 27%++. The store is currently filling
57,000 Rxs annually, 13% cash, 22% Medicaid, the balance Managed care.
The store is open from 9-7 M-F, 9-3 Sat, no nites, Sundays or holidays.
56 hours per week. It occupies a 3,000 sq. ft. space including 300 sq.
ft. of storage space. A very well organized store, has a large parking
lot and a drive up window. Long lease available at starting rent of
$3,600.00 per month, possible real estate acquisition opportunity for
the right buyer. The store is staffed with 2 FT pharmacists (one of whom
is the current owner), 2 FT techs, 2 FT 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 an
experienced pharmacist to buy into a growth situation in a pleasant
Georgia marketplace, one big enough to support this high volume clinic
pharmacy. This store can provide a significant 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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