Pharmacies For Sale in Oregon

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OR-1. Eastern Oregon - A long-established full line pharmacy and hardware store located in a friendly small town in the Columbia Basin. On the border of Oregon and Washington, 160 miles east of Portland, 190 miles SW of Spokane. No local competition whatsoever, nearest pharmacy is 25 miles away. 2006 reported sales of $1.685MM, modest/steady growth for the past five years. Gross margins in the mid 20's due to good mix of OTC to Rx business, high margin hardware and sporting goods department, other general merchandise, cards and gifts. Currently filling 29,000++ Rxs annually, 19% Medicaid, 16% cash, the balance a mix of Managed Care plans. The store is open from 9-6 M-Sat, closed Sundays and holidays. 54 hours per week. It occupies 7,000 sq. ft. space includes 600 sq. ft. of storage space. Long lease available at reasonable rent, possible real estate investment opportunity as well. Staff includes a PT pharmacist, 1 FT tech, 3 FT clerks, hardware manager. All are experienced and knowledgeable, know the customers and the local market well. There is owner financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for a pharmacist who wants to experience the best of small town living in terms of quality of life, practice in a pleasant, non-competitive setting and enjoy the outdoor life and all that the Columbia River has to offer. This store can provide a reasonable living for a new owner while paying down debt, will continue to grow with the right person in charge. The working and living environment is excellent. Fishing boating, bird and large game hunting, surrounded by a Federal Wildlife Refuge.

OR-2. Oregon Coast - A long-established full line pharmacy and gift store location in one of Oregon's most beautiful coastal resort areas. A reasonably good sized local population coupled with extensive tourist trade makes this a productive and profitable year round location. No competition within 30 miles of this location. The store is located on the main north-south artery, Highway 101, next to the local supermarket, in a very pleasant small town which is 300 miles southwest of Portland, 40 miles north of the California border, 400 miles from San Francisco. 2005 reported sales of $4.16MM, growing at a rate of 6% annually, will report $4.4MM in 2006. 77%+ Rx sales, full store margins of 23%++, solid front end and some home healthcare business as well. Currently filling 67,000 Rxs annually, 15% cash, the balance Managed Care and other third parties. The store is open from 9-6 M-F, 9:30-5:30 Sat, no nites, Sundays or holidays. It occupies 8,000 sq. ft. of selling space plus 1,500 sq. ft. of storage. Long lease available at starting rent of $7,000.00 per month. The store is fully staffed with knowledgeable and experienced personnel who know the customers and the marketplace well. There is owner 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 solid growth situation in a pleasant small town marketplace, yet one big enough to support this high volume full line 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. The continued influx of tourists and big city relocations enable this store to continue to grow in substantial increments.

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