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Very Profitable Legacy Pharmacy, All Insurances, Fully Staffed For Sale

Cook County, Illinois, US
Asking Price:
$1,275,000 Inventory / Stock included
Sales Revenue:
$3,097,913
Cash Flow:
$354,968

Excellent opportunity to acquire a profitable, well-established independent pharmacy serving the greater Chicago area for 30 years under its original ownership. Well known in the community with a loyal customer base and average gross margins of approximately 25%.

Fully staffed, including a non-owner pharmacist, with direct insurance contracts including CVS Caremark, Express Scripts, Humana, Optum, MedImpact, Prime Therapeutics, and Illinois Medicaid, along with LeaderNET PSAO affiliation. Utilizes the BestRx pharmacy system. There are no pending third party or regulatory audits.

The majority of prescriptions are delivered, with a small, easy-to-manage OTC section. Open Monday through Friday, closed evenings and weekends, offering an excellent work-life balance. Significant growth potential. This is a word of mouth referral business.

There is no current marketing or advertising. Opportunities include targeted local and online marketing, immunizations, non-sterile compounding, GLP-1-related services, weight loss and nutrition counseling.

Additional operating cost savings are available for a pharmacist owner and reduction of current payroll. Ideal for a first-time pharmacist owner or an established pharmacy group expanding in the Chicagoland market. Qualified buyers must provide a professional biography and proof of funds. Owner benefit is expressed as EBITDA not SDE.

Property Information

Real Estate:

Lease

Lease Terms:

Landlord open to discussion.

Leasehold Rent:

$60,840 per annum

Location:

Cook County - Chicagoland area

Premises Details:

Retail pharmacy with ample room to add non-sterile compounding and weight loss / nutrition counseling - Peptides.

Size in square feet:
2,105

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Opportunity to develop additional profit centers such as vaccines (immunizations), non-sterile compounding, Weight loss and nutrition counseling (GLP-1), Teleheath and a larger selection of OTC products.

Reasons for selling:

Please Call

Trading hours:

Mon-Fri: Day time hours. Closed nights and weekends.

Employees:
7 - Rph, 4 techs and drivers
Years established:
1997

Other Information

Support & training:

Sellers will assist post closing in a transition period.

Inventory / Stock value:
$75,000 - included in the asking price
Relocatable:
This business can be relocated