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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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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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