Pharmacies For Sale in Pennsylvania

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PA-1. Central Pennsylvania - A long-established full line pharmacy located in a pleasant small town in central Pennsylvania. 35 miles northeast of Harrisburg, 50 miles west of Allentown. The store serves a trading area with a population of more than 7,500 people, has limited local competition. 2007 reported sales of $2.2MM, will do $2.4MM in 2008 due to new closed door contract sales in place. 90%+ Rx sales, full store margins of 20%++. The store is currently filling 44,000 Rxs annually, 12% cash, 4% Medicaid, the balance Managed Care. It is open from 9-6 M, T, W, F, 9-1 on Thurs and Sat, no nites, Sundays or holidays, only 44 hours per week. It occupies a 3100 sq. ft. space including 500 sq. ft. of office and storage space. Long lease available at starting rent of $1,000.00 per month. It is currently staffed by a PT pharmacist, 2 FT techs, 2 FT clerks as well as the owner, who is the current pharmacist in charge. All the personnel 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 situation in a pleasant small town marketplace. This store can provide a significant living for an enthusiastic and motivated 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, certain closed door opportunities) that can provide significant additional sales and profits.

PA-2. Central Pennsylvania - A long-established (95 years in this town), full line pharmacy located in a pleasant small town in central Pennsylvania, 100 miles west of Philadelphia, 30 miles south of Harrisburg. The store serves a trading area with a population of more than 15,000 people with limited local competition, only one other independent in the area. 2005 reported sales of $1.92MM, growing at a rate of 5% annually, will report $2.0MM in 2006. 90%+ Rx sales, full store margins of 21%++. Currently filling 38,000 Rxs annually, 7% cash, less than 1% Medicaid, the balance Managed Care. The store is open from 8-8 M-F, 8-2 Sat, no nites, Sundays or holidays. 66 hours per week. It occupies 1,400 sq. ft. space including 400 sq. ft. of storage space. Long lease available at starting rent of $2,800.00 per month. Current staff includes a PT pharmacist, 1 FT tech, 3 PT clerks. All are experienced and knowledgeable about the customers and the local market. There is owner financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for a young pharmacist to buy into a nice situation in a pleasant small town marketplace, yet one big enough to support this independent pharmacy. 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. There are no doubt specialty opportunities in this market (such as compounding) that can provide significant additional sales and profits.

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