Central Texas - A long-established, (over 100 years old, 30 years under the current ownership) full line pharmacy located in a pleasant mid-sized community in Central Texas. Just 50 miles south of Abilene, 200 miles west of Dallas, the store serves a trading area with a population of more than 13,000 people with very limited local competition (one small independent), no chains within 30 miles of this location. Seller recently acquired his largest local competitor. 2008 reported sales of $1.7MM, will report $2MM in 2009, on track for $2.3MM in 2010, based on growth from recent acquisition. 97%+ Rx sales, stable full store margins of 20%++. The store is currently filling 39,000+ Rxs annually, 40% Medicaid, 12% cash, the balance Managed Care. Currently filling 50 compounded Rxs monthly and 110 per week for patients residing in local nursing homes. The store is open from 8-6 M-F, 8-1 Sat, no nights, Sundays or holidays. 55 hours per week. It occupies a 3,000 sq. ft. space including 250 sq. ft. of storage. There is a long lease available and the current base rent is $600.00 monthly. The staffing includes 1 FT pharmacist (the current owner), 2 PT techs, 2 FT clerks, 2 PT clerks. There is owner financing available for a creditworthy and qualified buyer with a 50% equity contribution. This is an opportunity for a first-time buyer to buy into a well-established business located in a pleasant small town environment. This store can provide a very comfortable 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 that can be capitalized upon to provide additional sales and profits with the proper marketing efforts.

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