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Pharmacies For Sale in Virginia
For additional information, please write to
Steve Van Velkinburgh.
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VA-1. Western Virginia - A long-established (35 years), full
line pharmacy with a recently formed specialty/closed door division,
located in a pleasant small town in Western Virginia, 55 miles north of
Roanoke, 135 miles west of Richmond, 190 miles south of Washington, DC.
The store serves a trading area with a population of more than 15,000
people with limited local competition, has a solid market niche, two
beautifully appointed facilities. 2007 reported sales of $3.7MM, growing
at a rate of 5% annually, will report $3.9MM++ in 2008. 95%+ Rx sales,
full store margins of 28%++. The store is currently filling 76,000++ Rxs
annually, 34,000 in the closed door business (serving 400 Beds, most
ALF), 42,000 retail including 2,000++ compounded Rxs annually and
growing. Good payer mix, solid margins. Both facilities are open from
8:30-5:30 M-F, no nights, weekends, holidays. The businesses occupy a
1,400 sq. ft. retail space including 500 sq. ft. of storage space and a
2,000 sq. ft. second floor space for the closed door business. A long
lease is available at starting rent of $3000.00 per month. Both
businesses are fully staffed by knowledgeable and experienced personnel,
who know the customers and the local market well. There is 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 growth situation in a pleasant small town
marketplace, yet one big enough to support this high volume,
multi-faceted business. There is tremendous growth potential in the
closed door division with reasonable marketing efforts as this sector
continues to expand. Coupling that with a profitable retail business,
which has a strong compounding component, this is an outstanding
business opportunity for the right buyer.


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