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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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Last modified:
August 26, 2008

All financial information about pharmacies listed and buyer's qualifications are representations of the principals, and are not guaranteed in any way by Buy-Sell A Pharmacy.com. Buyers and Sellers are urged to perform all necessary due diligence through whatever means they are most comfortable with prior to entering into a transaction to buy or sell any pharmacy listed on this website.
 
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