Established retail community pharmacy located in a busy shopping plaza surrounded by complementary businesses and several medical facilities, including an urgent care center in the same plaza. Owned and operated by the original pharmacist, the pharmacy fills just under 100 prescriptions per day and generates an impressive 33% gross margin, which is strong for an independent pharmacy. The business occupies 1,579 square feet of leased space but currently utilizes only approximately 750 square feet, providing significant room for growth through the addition of non-sterile compounding, Medication Therapy Management (MTM), wellness counseling, Durable Medical Equipment (DME), and expanded OTC and health and beauty product offerings. The location's proximity to physicians and healthcare providers further enhances growth potential. A new owner may continue operating at the current location or relocate the pharmacy, as the landlord has demonstrated flexibility regarding future occupancy arrangements.
The pharmacy maintains valuable direct contracts with Humana, Express Scripts, Optum, and Prime Therapeutics, is a Florida Medicaid provider, and utilizes AlignRx PSAO for additional third-party payors. This turnkey operation offers immediate access to difficult-to-obtain payer contracts and licensing, making it an excellent opportunity for a pharmacist entrepreneur or an established pharmacy group seeking expansion. The business also provides an attractive work-life balance, operating without evening hours, remaining closed on Sundays, and operating only a half-day on Saturdays.
