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Pharmacies For Sale in Mississippi
For additional information, please write to
Glenn Hall.
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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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