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Listed by:

Capital Business Solutions

Multi-state Pharmacy – Licensed In 45 States - West Palm Beach For sAle

West Palm Beach, Florida, US
Asking Price:
$1,499,918 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$51,088
Cash Flow:
Not applicable

Multi-State Pharmacy Licensed in 45 States (Including D.C.) for sale. Perfect match for an established Medical Company or online/ mail order pharmacy to expand quickly.

Pharmacists in-place, facility fully up to date with State & Federal requirements. Asset sale, or Owner may consider strategic partnership or Fulfillment deal with an established acquirer who is already operating & ready to scale.

This acquisition or potential Fulfillment opportunity offers the acquirer the possibility to expedite expansion to new states without having to wait 12-24 months for all the below approvals in each state

• Carries two Pharmacy Licenses:
o Retail (10/05/2018) – Expires: 02/28/2025
o Long-Term Care/Closed Door (02/03/2023) – Expires: 02/28/2025
• Carries one DEA Certificate – Retail
o Retail (11/14/2018) – Expires 05/31/2024
• Licensed to ship medications & medical supplies 34 States and Washington D.C. (July 2023) – All licenses are clear and active
o Not licensed in: AL, AR,CA,ID,IA,KS,KY,LA,MD,MI,MT,NV,NH,OK,TN,VT
o Pharmacy is adding new state licenses monthly Waiting for CA (please request an updated list)
• Licensed to ship medications & medical supplies in 34 States and Washington D.C. – All licenses are clear and active
• Accredited with URAC Mail Service Pharmacy – Expires August 2026 (URAC is an independent, nonprofit accreditation entity based in Washington, DC, whose mission is to advance healthcare quality through leadership, accreditation, measurement, and innovation. URAC was founded in 1990 as an independent, third-party healthcare quality validator).
• Accredited by BOC (S62214) to supply Medicare Part B
o Following categories: DM02, DM05, DM06, M01, PE03, PE04, DM08, DM13, DM24, OR03, OR04, R07, PD06, S01, PD09, DM23, M05, M06, M06A, M10
• Approved to service Medicare Part B DMEPOS (Durable Medical Equipment, Prosthetics, Orthotics, and Supplies).
• Registered with Noridian and CGS to receive Medicare Part B electronic payments.
• Qualified to provide Medication Therapy Management to Medicare Part D patients.
• Rx30 Pharmacy Dispensing Software.
• Integrated computer and printer system.
• Safe Harbor Agreement with a national marketing company.
• Zoho CRM Clinical Platform.

Property Information

Real Estate:

Lease

Location:

West Palm Beach

Premises Details:

In Retail/Office Park

Business Operation

Expansion Potential:

Company has remained licensed and continued to pursue additional state licensures - new licenses expected to be approved on a monthly basis (July 2023).

Competition / Market:

Numerous major player in medical industry and with established clientele have forged ahead and built out Direct-to-consumer departments to supply medical supplies & pharmaceutical products to their existing clients. E-commerce and online pharmacies have also been steadily on the rise.

Reasons for selling:

Seeking Growth Partner

Employees:
2
Years established:
2018

Other Information

Support & training:

To Be Discussed

Financing available:

TBD

Furniture / Fixtures value:
$10,000 - included in the asking price
Inventory / Stock value:
$19,999 - included in the asking price
Relocatable:
This business can be relocated.