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Pharmacies For Sale in Utah
For additional information, please write to
Steve
Wagner.
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web site, you must have a current, fully executed nondisclosure
agreement on file with us.
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Thank you.
UT-1. 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.
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