American HealthCare Capital is pleased to introduce a Custom Compounding and Community Retail Pharmacy for sale in Santa Cruz County, California. The pharmacy has been serving the community for over 20 years. They primarily focus on custom compounding in the local California market, and services include BHRT, Dermatology, Hospice, Nutritional Supplements, Pediatric, and Veterinary compounding and more.
The pharmacy’s payer mix is 98% cash and 2% insurance. Gross revenues have been consistent in the $1.7 to $1.8 Million range over the past three years with a strong profit margin. The owners have not had time to focus on growth in the past year. However, the business could easily grow with the right marketing campaign and an energetic management team, as well as expanding into additional markets and into Long Term Care. Their current business has been developed from word of mouth and reputation.
The staff is available to stay on with a new owner, including Pharmacists and Pharmacy Technicians. The owner may be willing to stay on post-closing. The asking price for this opportunity is $1,725,000 plus the cost of inventory.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.