LISTINGS

NORTHWEST WASHINGTON STATE - A well-established full line pharmacy located in a beautiful small town in northwest Washington State, snow capped mountains to the north and east, Puget Sound to the west. Just 75 miles from Seattle, less than 40 miles from the coast, this store enjoys a captive market of 1,500 customers/patients with no competition whatsoever. The nearest pharmacy is more than 25 miles away, no chains, mass merchants or supermarkets in sight, just a loyal customer base that patronizes this store for everything it sells. 2007 sales were just shy of $1.6MM, growing steadily for the past three years at 6% per year. Full store margins of 30%++ due to strong mix of high margin front end business, cards, gifts, sundries, etc. Currently filling 32,000 scripts annually, open only 44 hours per week, no nights, Sundays or holidays. The business occupies a 4,000 sq. ft. stand alone building, is beautifully merchandised and fixtured, "move in" condition for a new owner, possibly the opportunity for a solid real estate investment as well. The staff is stable, knowledgeable, and willing to stay on. The owner will train a new owner and make sure that he/she is introduced to the town's prescribers as well. There is owner financing available for a qualified buyer with a reasonable equity contribution and a good credit standing.
WA-1

NORTHEASTERN NEW MEXICO - A long-established, full line pharmacy located in a pleasant small town in northern New Mexico. 125 miles northeast of Santa Fe, 140 miles south of Pueblo, CO. The store serves a trading area with a population of more than 2,000 people (county population is 13,000) with no local competition, the nearest pharmacy being 40 miles away to the north in Raton. 2007 reported sales of $1.2MM, sales stable over the past three years. 86%+ Rx sales, full store margins of 24%++. Currently filling 26,000++ Rxs annually. 10% cash, limited Medicaid, the balance Managed Care. Serving local nursing home and prison as well. The store is open from 8:30-5:30 M-F, no night or weekend hours. 45 hours per week. It occupies a 5,000 sq. ft. space including 1,500 sq. ft. of storage space. Long lease available at starting rent of $2,000.00 per month, possible real estate acquisition opportunity for the right buyer. The store is currently staffed with a FT pharmacist (the current owner), 1 PT pharmacist, 1 FT tech, 2 FT clerks. 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 an easy to operate business in a pleasant small town marketplace. This store can provide a reasonable living for a new owner while paying down debt, will start to grow with the right person in charge. The store's hours need to be expanded and there are no doubt specialty opportunities, such as expanding the DME business and getting into compounding in this market, that can provide significant additional sales and profits. This is a wonderful area to live and work in.
NM-2

WESTERN ILLINOIS/BORDERING IOWA - Owners interested in immediate sale!! All reasonable offers considered. A well-established (35 years) full line pharmacy located in a pleasant community in Western Illinois. 175 miles west of Chicago, 150 miles north of Springfield, 20 miles east of Davenport, IA. The store serves a trading area of 5,000 people with no local competition whatsoever. Moline, IL is the closest metropolitan area. 2007 reported sales of $1.77M, stable sales rate, limited by the size of the local market. Will report $1.85MM in 2008. 90%+ Rx sales, full store margins of 19%++. Currently filling 30,000 Rxs annually, 15% cash, the balance Managed Care. The store is open from 9-6 M-F, 9-12 Sat, closed for lunch every weekday. 43 hours per week. It occupies a 1,200 sq. ft. space plus full basement for storage. The real estate that the business occupies is included in the asking price. The store is currently staffed with 1 FT pharmacist (co-owner), 3 PT techs, 1 PT 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 an established situation in a pleasant small town marketplace. 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. The lifestyle, from both a personal and a professional standpoint, is high quality.
IL-1

SOUTH CENTRAL NEBRASKA - A long-established full line pharmacy located in a pleasant small town in south-central Nebraska. 200 miles west of Omaha. The store is located in the county seat, in close proximity to the expanding county hospital, serves a trading area with a population of more than 3,500 people with no competition within 20 miles, the nearest chain store is 50 miles away. 2006 reported sales of $1.41MM, growing at a rate of 5% annually, will report $1.45MM in 2006. 97%+ Rx sales, full store margins of 21%++. The store is currently filling 30,000 Rxs annually, 8% cash, 11% Medicaid, 38% Medicare Part D, the balance Managed Care. Is is open from 8-5 M-F, no nights or weekend hours. 45 hours per week. It occupies an 1,800 sq. ft. space including 450 sq. ft. of storage space. Long lease available at starting rent of $1,250.00 per month, possible real estate acquisition opportunity for the right buyer. The store is staffed with 1 FT tech, 2 FT clerks. 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 young pharmacist, a first time buyer, to buy into a growth situation in a pleasant small town marketplace. 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. Its proximity to the large county hospital and the prescribers who are admitted to it provides room to grow the Rx business. There are no doubt specialty opportunities in this market (such as compounding) that can provide significant additional sales and profits.
NE-1

WEST TEXAS - A long-established (52 years in same location), full line pharmacy located in a pleasant small town in West Texas, 100 miles west of Midland-Odessa, 200 miles east of El Paso, close to the New Mexico border. The store serves a trading area with a population of more than 15,000 people with limited local competition, one independent and Wal-Mart. 2007 reported sales of $1.98MM, stable sales rate at this moment, will report $2MM in 2008. 80% Rx, 20% OTC, full store margins of 24%++. Currently filling 28,000 Rxs annually, 13% cash, 10% Medicaid, the balance Managed Care. The store is open from 8-6:30 M-F, 9-12 Sat, no nites, Sundays or holidays. 55 hours per week. It occupies a 6,000 sq. ft. space including 1,500 sq. ft. of storage space. The building the store occupies is included in the purchase price. The store is staffed with 1 FT pharmacist (current owner), 1 PT pharmacist, 1 FT tech, 2 FT clerks. All 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 young pharmacist, first-time buyer, to buy into a growth situation in a pleasant small town marketplace. 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 large front end adds to gross margins and needs to be managed well. There are no doubt specialty opportunities in this market (such as compounding) that can provide significant additional sales and profits
TX-2

WEST TEXAS - A long-established, clinic/apothecary pharmacy located in a pleasant small town in West Texas, 60 miles southeast of Midland-Odessa, 90 miles west of San Angelo. The store serves a trading area with a population of more than 4,000 people with no local competition whatsoever. The nearest competitor, an independent, is 37 miles away. 2007 reported sales of $1.0MM, stable sales rate for the past three years. 97%+ Rx sales, full store margins of 30%++. This store is currently filling 21,000 Rxs annually, 12% cash, 4% Medicaid, the balance Managed Care. Store is providing for a local nursing home and a hospice as well as doing traditional retail business. The store is open from 9-6 M-F, closed all nights, weekends and holidays. 45 hours per week. It occupies a 1,700 sq. ft. space including 900 sq. ft. of storage space. Long lease available at starting rent of $950.00 per month, possible real estate acquisition opportunity for the right buyer. The store is located in a small mixed use facility with expansion possibilities for a new owner. The store is staffed with 1 FT tech, 1 FT clerk, owner currently serves as the full time pharmacist. All staff members are experienced and knowledgeable about the customers and the local market, two of them are bilingual. There is financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for a young pharmacist, a first time buyer, to buy into a growth situation in a pleasant small town marketplace. This store can provide a reasonable living for a new owner while paying down debt, will grow with the right person in charge. There are no doubt specialty opportunities in this market (such as compounding) that can providing significant additional sales and profits.
TX-3

MICHIGAN, THUMB AREA - 3,000 sq. ft. pharmacy and health food store. $1.5MM+ in sales and growing rapidly (25% last year alone), solid nutritional segment at high margins, 2,800 Rxs monthly. Pleasant small town environment, only pharmacy in town. Free-standing building, available for sale or long term lease. Ideal situation and opportunity to control your own destiny. Asking $550K including building.
MI-1

SOUTHWEST MICHIGAN - Long established apothecary pharmacy, $1.9MM current sales volume, growing nicely, 90% Rx. Solid gross margins, only pharmacy in town. Long lease available at reasonable rent or can purchase property in addition to business. Short hours, easily managed. $200K required. Balance and terms to be negotiated.
MI-2

WESTERN MICHIGAN - 2,250 sq. ft. pharmacy in Ambulatory Care Center, connected to the only hospital in town. $1.8MM+ in sales and growing rapidly due to new location. Reasonable hours, closed half a day on Saturday and all day Sunday. Currently filling 150 Rxs per day. Owner is retiring. Pleasant, small town environment. Four years remaining on favorable lease with 5 year option to renew. Ideal situation for first-time owner to make a comfortable living and control your own destiny. Asking $350K plus inventory.
MI-3

NORTHWEST MICHIGAN - Long established pharmacy on main street. $1.2MM current sales and growing. One of three stores in town with no chains. Owner willing to work in store after sale. Asking $200K plus inventory.
MI-4

EASTERN WYOMING - a long established full line store located in a pleasant small town in Eastern Wyoming. 85 miles from Cheyenne. 180 miles from Denver. Limited competition and a focus on customer service have enabled this business to thrive and grow for more than 40 years. Current sales of $3.8MM under absentee ownership, as pharmacist owner has other interests, does not work the store. Filling 60,000+ Rxs annually with a good payer mix. Home healthcare department and large card and gift department contribute to full store margins of 25% gross. Occupies 11,000 sq. ft. of selling space plus offices and storage. Long lease available at low rent, possible real estate investment for a qualified buyer. $500K down payment required, financing available for a qualified buyer with a good credit record.
WY-1

LOUISIANA - Partnership opportunity for a young pharmacist in an independent community pharmacy in a small town in SouthWestern Louisiana. 45 minutes from Lafayette or Lake Charles. Current owners include 2 pharmacists and 3 techs. Located near hospital and many physicians. Store opened in February 2004. Hours 8 am - 6 pm M-F and a half day on Saturday. 2005 sales were $2.3MM with 23% gross profit, 95%+ Rx. Growing at 20%+ annually. We are currently building a new 3000 sq. ft. store with 2 drive-thru windows, plan to move in by July 1. This is a profitable operation that needs help in order to grow. Up to 30% interest available for the right person. Financing available for a creditworthy individual with a reasonable equity contribution.
LA-1

CALIFORNIA SKI AREA - A long-established (40 years under the same ownership) full line pharmacy and gift store located close to Northern California's most popular ski resort, Mammoth Lakes. It is 200 miles northeast of LA. The store serves a local population of more than 2,000 people, has significant tourist traffic during both summer and winter months. 2005 reported sales of $1.7MM, 68% Rx sales, the balance in sundries, general merchandise and convenience items. Full store margins in excess of 22%. The store will fill 25,000 Rxs in 2006 (100 per day, five days a week only - see store hours below), 15% cash, 15% MediCal, the balance Managed Care, including a small amount of Medicare Part D. The pharmacy department is open from 10-6 M-F, 40 hours per week. The entire store is open from 9-9 M-S and 9-5 on Sunday, no pharmacist required for staffing when pharmacy is closed. The store occupies a 5,000 sq. ft. space including 500 sq. ft. of storage space. Ample parking, well located on major local artery. Long lease available from building owner or possible acquisition of real estate if buyer is interested. The store is staffed with a PT pharmacist and 3 FT sales clerks. There is owner financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for a young pharmacist who would like to live in this pleasant small town to continue to build a service business in this long-established location with virtually NO competition. This store can provide a reasonable living for a new owner while paying down debt, will continue to grow steadily with the right person in charge. Close proximity to some of California's best recreation areas make this an ideal place to relocate to, away from big city pressures and problems.
CA-4

NORTHERN CALIFORNIA - A long-established full line pharmacy located in a pleasant small town in Northeastern California. The store serves a trading area with a radius of ten miles in all directions, no local competition whatsoever, independent or chain. It is located 100 miles northwest of Reno, 145 miles northeast of Sacramento. 2005 reported sales of $2.44MM, steady growth year on year of 5% or more, full store gross margins of 23%, very high net to the owner due to low overhead and no competition. 85% Rx, 15% front store sales including excellent gift department. The store filled 36,344 Rxs in 2005, 14% cash, 35% Medi-Cal, the balance managed care. It is open from 9:30 - 5:30 M-F, Saturdays the retail section only from 9:30 - 4:30, pharmacy closed. No nights, Sundays or holidays. It occupies 3,000 sq. ft. of retail space plus 1,400 sq. ft. of storage space. Ample parking, well located on major local artery, long lease available at reasonable rent or possible real estate investment for the right person. The store is fully staffed with knowledgeable and experienced personnel who know the customers and the local marketplace well. $200K down payment required, financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for a young pharmacist, a first-time buyer, to buy into a growth situation, build a service business in this pleasant Northern California community. There are certain opportunities that the current owner has not capitalized on. This store can provide a reasonable living for a new owner while paying down debt, will continue to grow rapidly with the right person in charge. If you are ready to leave the big city environment for small town life, this store is for you.
CA-8

SOUTHWESTERN UTAH - A long-established, full line pharmacy and gift shop located in one of the most scenic areas of southwestern Utah. 110 miles northeast of St. George, 225 miles northeast of Las Vegas. The store serves a trading area with a radius of 60 miles which has a year round population of more than 5,500 people. This number grows to over 10,000 during the summer season, plus there is a brisk tourist trade. Ski season is strong as well. There is no local competition, the nearest store being more than 60 miles away. 2005 reported sales of $2.0MM, annual growth of 5% projected with the advent of a new wing on the local hospital, expansion of the local prison, which is served by the pharmacy, as well as a local nursing home. 80% of sales in Rx, strong front end and gift business at high margins contribute to full store gross margin of 25%. The store is currently filling 37,000++ Rxs annually, 60% of which are generics. It is open from 8-8 M-Sat, entire store, pharmacy open from 8-6 M-F, 8-4 on Sat. No Sunday or holiday hours. The store occupies a 10,800 sq. ft. space plus large storage. It is in a beautiful new building, the showcase of the area. Long lease available at a base rent of $8,000.00 per month, possible real estate acquisition opportunity for the right buyer. The store is fully staffed with experienced and knowledgeable personnel who know the customers and the local market. There is financing available for a qualified buyer with a reasonable equity contribution. This is a great opportunity for a pharmacist to buy into a growth situation in a pleasant small town marketplace in one of the most beautiful parts of the Southwestern United States. This store can provide a reasonable living for a new owner while paying down debt.
UT-1

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.
OR-2

NORTHERN NEW MEXICO - A well-established full line pharmacy and gift shop located in a pleasant small town in New Mexico, close to the Colorado border. This location is 170 miles north of Albuquerque, 300 miles south of Denver. The store serves a trading area with a population of more than 4,000 people with no local competition whatsoever. The nearest pharmacy is more than ninety miles away. 2005 reported sales of $1.25MM, stable sales rate for the past three years, will report $1.3MM in 2006. 80%+ Rx sales, full store margins of 30%+. The store is currently filling 30,000 Rxs annually, 33% cash, 18% Medicaid, the balance Managed Care. The store services the local prison, fills 300 Rxs per month for the facility. It is open from 9-6 M-F, 9-5 Sat, no nites, Sundays or holidays. 53 hours per week. It occupies 3,300 sq. ft. space including 550 sq. ft. of storage space. Long lease available at starting rent of $2,450.00 per month, possible real estate acquisition opportunity for the right buyer. It employs a PT pharmacist, 1 FT tech, 3 PT clerks, all 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 stable situation in a pleasant small town marketplace, yet one big enough to support this business very well. This store can provide a significant living for a new owner while paying down debt, can continue to provide high income with the right person in charge. This is ideal for a person or family who will enjoy the high quality outdoor recreational life in this region and the pleasant and safe small town living environment.
NM-1

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.
PA-2

COLORADO - You would be only the fourth owner of this 100+ year old pharmacy and Hallmark Plus card and gift shop with a prime corner location in a downtown historic district listed in the National Register of Historic Places. Arkansas River runs through the edge of downtown. Gross sales $2 million+ annually, high volume Rx business (Medicaid approx. 3% Rx), 4000 sq. ft. building with 2000 sq. ft. card and gift shop, experienced staff, seller owns building-will lease. Excellent regional medical center in community (new building to open March 2008) staffed by local physicians and also visiting specialists. Family oriented mountain community with local golf course, resort 18-hole golf course with residential lots under development, and 5 ski areas within 1/2 to 2 hours drive.
CO-1

Back to top

Other IPMS Links

IPMS Listings
IPMS Inquiry Form
IPMS Seller's Listing Form
IPMS Registration
IPMS Frequently Asked Questions
IPMS Background and Fees

[ Buy-Sell Principals ] [ Services ] [ Testimonials ] [ Buy-Sell Listings ]
[ IPMS Listings ] [ Contact Buy-Sell ]