Pharmacies For Sale in Louisiana

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LA-1. Southern Louisiana - A long-established two store group in the Greater New Orleans suburban marketplace. Located just nine miles apart, with no independent competition between them, limited local competition of any kind in the local market. Well merchandised full line stores, one of which has a home infusion lab as well. Total population of the immediate trading area is 25,000 people. 2006 reported sales of $5.4MM, growing at a rate of 5% annually, will report $5.7MM in 2007. 92%+ Rx sales, full store margins of 23%++. Currently filling 100,000+ Rxs annually, 13% cash, 30% Medicaid, the balance Managed Care. Also servicing some local institutions, hospitals, jails, etc. The stores are open from 9-6 M-F, 9-4 Sat, no nites, Sundays or holidays. 52 hours per week. Both locations occupy approximately 2,500 sq. ft. of space including storage space. Long leases available at reasonable rents (store owner owns both buildings), ample parking, high traffic and high visibility locations. They have Keycentrix computer systems with full store POS, home infusion franchise with separate computer system. Both stores fully staffed with personnel who are experienced and knowledgeable about the customers and the local market. The owner serves as the full time pharmacist in one of the stores. 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 two pleasant mid-sized suburban towns, close to a major city (no hurricane damage of significance in these towns), one big enough to support these two stores very successfully. This business 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) and significant growth in DME and home infusion, as yet untapped, that can provide significant additional sales and profit.

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