Well-established Specialty Pharmacy For Sale

Founded in 2004, this pharmacy has built a strong reputation and a loyal customer base. With contracts with all major insurance carriers and a 340B license, this business offers a seamless transition for an experienced operator or investor looking to enter or expand within the specialty pharmacy sector.

The pharmacy is situated in a prime 10,000 sq. ft. facility, dispensing an average of 700 prescriptions per day. Additionally, a newly drafted collaborative agreement with a 340B doctor enables the pharmacy to test and prescribe HIV medications, further enhancing its service offerings. The current owner is retiring and seeking new business ventures, making this a unique opportunity to acquire a profitable and operationally sound pharmacy.
A newly drafted collaborative agreement with a 340B doctor allows pharmacists to test and prescribe HIV medications, further enhancing its service offerings. The doctor, who recently expanded into an additional 2,500 sq. ft. of space, is expected to finalize the agreement upon return from vacation.

Strategically located in a prime area, the pharmacy benefits from strong foot traffic and operational efficiency. The neighboring business, Poppies, recently underwent renovations and reopened, drawing steady customer flow. A new owner has the opportunity to combine both businesses, significantly reducing rent, payroll, licensing, and overhead costs.

The current owner is retiring and exploring other business ventures, making this a prime opportunity for a buyer looking to enter or expand within the specialty pharmacy industry.