American HealthCare Capital is pleased to introduce a 2,500 square foot Custom Compounding and Community Retail Pharmacy which includes 3 laboratories (non-sterile 795 lab, 800HD room and a 797 sterile lab) for sale in Santa Cruz County, California. The pharmacy has been serving the community for over 20 years and is known for providing stellar service and high-quality compounded medications for both humans and animals. 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. In 2018, the company grossed $1,578,388. In 2019, they generated $1,403,817 in gross revenue, and in 2020, they generated $1,355,351. They are currently on track to achieve $1.4 million in 2021. Their business has been developed from word-of-mouth referrals and their stellar reputation with local Physicians and Veterinary clinics. Continued growth can be achieved with the right marketing campaign, an energetic management team, as well as expanding into additional markets.
There is a full complement of staff that is expected to stay on under new ownership, including Pharmacists and Pharmacy Technicians. The owner may be willing to stay on post-closing.
The seller will consider all reasonable offers for the opportunity plus the 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.