Pharmacies For Sale in Mississippi

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MS-1. Western Mississippi - A well-established, full line community pharmacy located in a pleasant small town in Western Mississippi, 70 miles west of Jackson, MS, close to the border of Louisiana. The store serves a trading area with a population of more than 5,000 people with limited local competition, one other independent in the town, no other pharmacies for more than 15 miles. 2006 reported sales of $1.8MM, 90% Rx sales, full store margins of 25%. Currently filling 32,500 Rxs annually, 8% cash, 32% Medicaid, the balance Managed Care. The store services the local prison, a hospice and a nursing home as well as traditional retail customers. The store is open from 8-6 M,T,W,F, 8-1 on Thursday, closed Saturdays and Sundays. 45 hours weekly. It occupies a 3,000 sq. ft. space including 400 sq. ft. of storage space. The current lease runs until 12/31/11, has a base rent of $1,200.00 per month. The store is currently staffed by 1 PT pharmacist, 1 FT tech, 1 FT clerk. All are experienced and knowledgeable about the customers and the local market. There is 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 growth opportunity in a pleasant small town marketplace. This store can provide a good living for a new owner while paying down debt, can be grown with the right person in charge. It needs to be open longer hours, provide additional professional services to the community. There are no doubt specialty opportunities in this market (such as compounding) that can provide significant additional sales and profits.

South Central Mississippi - A full renovated and well kept apothecary pharmacy located in a pleasant small town in south central Mississippi. Established for 75 years, this pharmacy only had two owners: its founder (for 50 years) and the current owner, since 1981. The only independent in the downtown area, well located on the main shopping street, the store has had increased Rx volume for the past six years. Current sales volume of $2 million annually, filling 44,000 Rxs per year in short hours, no nights or Sundays, make this a pleasant and rewarding practice setting, both financially and professionally. Fully staffed with experienced personnnel, growing steadily. Low rent, all make this an excellent opportunity. $150K required, financing available for a qualified buyer.

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