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Pharmacies For Sale in Minnesota
For additional information, please write to
Larry Greenfield.
In order to receive additional information about pharmacies on our
web site, you must have a current, fully executed nondisclosure
agreement on file with us.
Click here to download the agreement.
Thank you.
MN-2. Central Minnesota - A long-established full line store in a pleasant
small town in south central Minnesota. The store serves a trading area
with a radius of ten+ miles in all directions, has no local competition
whatsoever. Located 75 miles Southwest of Minneapolis, 125 miles
northwest of Rochester, the community provides an excellent small town
living and working opportunity. Fiscal 2005 reported sales of $4.635MM,
down slightly from 6/30/04 ($4.735MM), back on steady growth track of 5%
annual increases in sales. 93% Rx sales, 22%+ gross profit. Filling
90,000 Rxs annually, 18% cash, 9% Medicaid, 73% Managed Care. Servicing
four local nursing homes and six assisted living facilities, a good mix
of Rx payors keeps margins high. Open 8-6 M-F, 8-3 Sat, 9-1 Sundays, (61
hours weekly), currently occupying a 4,000 sq. ft. building with offices
and storage space upstairs and basement as well. Ample parking, well
located on main street. New lease available at $6,000.00 per month base
rent. Possible real estate investment for a qualified/interested buyer.
$450K cash down payment required. Owner financing available for a
qualified, creditworthy buyer with solid operational experience.
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