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Pharmacies For Sale in Texas
For additional information, please write to
Glenn Hall.
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TX-2. 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. 2006 report sales of $1.98MM, stable sales rate at this moment,
will report $2MM in 2007. 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-4.
West Texas - A long-established, clinic/apothecary pharmacy located
in a pleasant small town in West Texas, 75 miles southeast of
Midland-Odessa, 70 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 40
miles away. 2006 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 nights, weekends and holidays. 45 hours per
week. It occupies a 1,700 sq. ft. space with 900 sq. ft. of storage
space, located in a 3,200 sq. ft. building owned by the pharmacist. Long lease available at starting rent of $850.00 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 provide significant additional sales and profits.
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