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Pharmacies For Sale in New Hampshire
For additional information, please write to
Jim
Beatty.
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NH-1. Southern New Hampshire - A
long-established, full line pharmacy located in a pleasant New England
city, 45 miles northwest of Boston, 20 miles south of Manchester, NH.
The store serves a trading area with a population of more than 75,000
people with limited independent competition, only one other independent
within 5 miles of the store, the rest all large chains. It is located in
close proximity to a large local community college. 2007 reported sales
of $3.46MM, growing very strongly (up 30% in 2007 over 2006). 2008
projected at $3.8MM. 80%+ Rx sales, full store margins of 19%++. The
store is currently filling 40,000++ Rxs annually, 14% cash, 10%
Medicaid, the balance Managed Care. Doing 200 Rxs per month with local
assisted living facility. It is open from 8-8 M-F, 8-4 Sat, 8-2 Sundays.
74 hours per week. It occupies a 4,500 sq. ft. space including 500 sq.
ft. of storage space. Currently monthly rent of $4,075.00, new lease to
be negotiated at the time of sale. It is staffed with 2 FT pharmacists
(one of whom is the current owner), 2 FT techs, 3 FT clerks including
postal substation. All are 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 an experienced pharmacist to buy into a growth situation
in a very pleasant New England marketplace, one big enough to support
the continued growth of this service-oriented independent pharmacy. This
store 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)
that can provide significant additional sales and profits.
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