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Idaho

Southern Idaho -  A long-established full line pharmacy and gift shop located in one of the most beautiful mountain settings in Southern Idaho. The local trading area includes 3,000 year-round residents, which grows to approximately 7,500 in the summer months. With year-round outdoor recreation options being plentiful, hunting, fishing, golf, skiing, boating and no competition within 30 miles, this business provides pharmacy services and much more to a captive audience, enjoys a great reputation with prescribers, patients and customers. 12/31/10 reported sales of $1.866MM, stable full store margins of 29%+. 70% Rx sales, the balance a mix of high margin sundries, gifts, jewelry, and traditional OTC and HBC products. The store is currently filling 28,000 Rxs annually, 10% cash, 5% Medicaid, the balance Managed Care plans. The store serves local ALF sites, the county jail and the local hospital as well. It is open from 9-6 Monday - Saturday, 10-4 Sunday (pharmacy department is closed on Sunday), 54 pharmacy hours, 60 hours total per week. It occupies a 6,000 sq. ft. retail space plus 1,200 sq. ft. of storage and office, including kitchen. Long lease available from building owner (who also owns the pharmacy), $2,000.00 base monthly rent, possible real estate investment opportunity for the right buyer. The required payroll includes 1 FT pharmacist (the current owner), 1 PT pharmacist, 2 FT techs, 5 FT clerks, PT bookkeeper. The current staff is long-tenured and very familiar with the customers, the prescribers and local market conditions and needs. There is seller financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for a pharmacist who enjoys small town living and the great outdoors to relocate to one of the most beautiful areas in the Northwest, and acquire a well-established and profitable business and earn a nice living while paying down debt.

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