Closed Door Specialty Pharmacy servicing patients on hospice status that are at home or in assisted living facilities throughout Miami-Dade and Broward Counties. Prescriptions are received electronically, processed in real time through a special third party insurance and delivered daily by contracted drivers, generating positive delivery margins. The pharmacy focuses on dispensing generics, resulting in strong and growing profitability. The business is operated by two technicians and the pharmacist owner. Rent is very favorable at just under $2,200 / month. The pharmacy is located in a very busy plaza which includes several medical clinics and businesses catering to seniors. Significant growth opportunities exist by promoting this unique service to additional hospice providers, filling additional Medicare Part D prescriptions and developing a retail component. This is a turnkey pharmacy offering high margins, dependable staff, no nights and weekends and major upside opportunity. It's an ideal acquisition for a first time pharmacist owner/operator or a pharmacy related group looking to expand their footprint in the South Florida market.
- Asking Price:
- $350,000 Inventory / Stock included
- Sales Revenue:
- $541,000
- Cash Flow:
- $137,000
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$25,668 per annum
- Location:
-
Strategic Miami location makes deliveries to multiple areas convenient from the pharmacy.
- Size in square feet:
- 825
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Expand into Medicare Part D, Medicaid, ALF and group home precriptions as well as retail, compounding (GLP1), vaccines and wellness.
- Competition / Market:
-
This is a niche business within pharmacy.
- Reasons for selling:
-
Please call.
- Trading hours:
-
Mon-Fri: Daytime Hours.
- Employees:
- 3
- Years established:
- 9
Other Information
- Support & training:
-
Sellers will assist in a transition period and provide consultation and support post closing.
- Financing available:
-
Please call.
- Inventory / Stock value:
- $15,000 - included in the asking price
- Relocatable:
- This business can be relocated
