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Colorado

soldSouthwestern Colorado - A well-established full line pharmacy with a solid front end and gift business located in a lovely small town in southwestern Colorado. 300 miles SW of Denver, 200 miles north of Santa Fe, this store serves a trading area with a population of 5,000 people, has no competition at all within 20 miles. 2009 sales of $2.5MM, up 3% over 2008. 90% Rx sales, balance in OTC medicines, herbals, homeopathics, nutritionals and gifts. Full store margins of 21%. The store is currently filling 41,000 Rxs annually, 7% Medicaid, 30% cash, the balance Managed Care. All traditional retail Rxs, no compounding, no closed door accounts. It is open from 9-6 Monday through Friday, (closed for an hour for lunch), 9-1 Saturday, no Sundays or holidays. It occupies a 1,400 sq. ft. space plus 400 sq. ft. of storage and offices. There is a new ten year lease available for a new owner. The current base rent is $1,500.00 per month. The payroll includes 2 FT pharmacists (one of whom is the current owner), 1 PT pharmacist, 3 FT techs, 2 FT clerks. All are experienced and knowledgeable about the customers and the local market. There is some owner 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 profitable business that has room to grow with hands on management and ownership. This store has no competition whatsoever in the trading area, will provide a comfortable living for a new owner in this pleasant small town environment, practicing pharmacy in the most professional manner.

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