Company Overview
American HealthCare Capital is pleased to exclusively represent a closed-door Pharmacy for sale that provides services across Northern California. This pharmacy is a 33-year-old, family-run business with an exceptionally loyal customer base and an impeccable reputation for service excellence. The owners plan to retire but are open to a successful transition plan.
Financial Information and Growth Opportunities
The company’s payer mix is 60% Medicare, 38% Medi-Cal and 2% cash. Revenue has been consistent in the next few years, and the TTM (trailing twelve months) revenue as of October 2024 is $5.1M with an adjusted EBITDA of $300,000. Growth can be achieved through expanding the service area or by adding skilled nursing and hospice clients.
The pharmacy fills an average of 1,800 scripts per week. Current inventory is roughly $350,000 OTC and Rx.
The Opportunity
This is an exciting opportunity for a strategic buyer who can leverage the existing business and allocate resources for expansion. Current ownership limits new business to a 120-mile radius and turns away referrals from outside the current service area. The owners would support passing along referrals they’ve previously declined.
Asking Price
The asking price is $3 million plus inventory.
