Pharmacies For Sale in Ohio

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OH-1. Western Ohio - A well established apothecary pharmacy (a Medicap licensee) located in a pleasant small town in western Ohio, 55 miles northwest of Columbus, 50 miles north of Dayton. This store is the only independent in the local market, a trading area of 4,000 people. The nearest chain pharmacy, a K-Mart, is six miles away in another town. The business grossed $2.1MM in 2007, full store margins of 21%++. The store is currently filling 34,600 Rxs annually, 11% cash, 7% Medicaid, the balance Managed Care. The store occupies a free standing building, 1,800 sq. ft. can be leased for the long term or purchased from the owner, who is the store owner as well. The store is open from 9-6 Monday through Friday, 9-1 on Saturday, no nights, Sundays or holidays. It is priced to sell as the owner is retiring. There is owner financing available for a qualified buyer with a reasonable equity contribution and good credit. This store can provide a comfortable living for a new owner while paying off the debt, as well as a high quality professional and personal environment.

OH-2. Northwestern Ohio - A long-established 2-store chain, located in a beautiful small town in northern Ohio. One of these units has been in the same location for 60 years. The local city population of 4,000 and county of 10,000 is a growing area. 2005 reported combined sales of $4.35MM, up from $4.21MM in 2004. Rx count has been steadily increasing for first three months of 2006. Store #1 occupies 5,500 sq. ft. and is open 61 hours per week. Store #2 occupies 600 sq. ft. in medical building and is open 46 hours per week. Both stores have ample parking and are well located in this northern Ohio town. Forty physicians in this community. Long leases available in both locations which are fully staffed with knowledgeable and experienced personnel who know the customers and the marketplace well. Financing available for qualified buyer. Very reasonably priced as owner wishes to retire.

OH-3. Northern Ohio - Two-store opportunity, each store is in a separate small town 23 miles apart. Owner will sell together or individually. One is a 2400 sq. ft. pharmacy doing $2.2+ million in sales with an above average gross margin, located in a pleasant small town in northern Ohio. Easy to manage store that is open M-F 9-6 and Sat 9-1, closed Sunday with a part-time pharmacist available. This store can provide a reasonable living for a new owner while paying down debt with potential for growth. The owner will finance the deal for a qualified buyer with an appropriate down payment. The second store is a 1200 sq. ft. pharmacy doing $2.1+ million in sales with above average gross margin, located in a town in northern Ohio with 27,000 population. The county this store is located in is one of the largest counties in the state in terms of retail dollars spent. Easy to manage store that is open M-F 9-5:30 and Sat 9-1. Owner is willing to continue working full-time for a couple years. Store is located in a corridor between the hospital and most of the doctor's offices. The owner will finance the deal for a qualified buyer with an appropriate down payment.

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