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$4.8 Million Independent Retail Pharmacy in Northern Ohio

State: 

Ohio

Category:

Pharmacy

Asking Price:

$2,000,000

Revenue:

$4,800,000

Listing Code:

OHRX1B

American HealthCare Capital is pleased to introduce an Independent Retail Pharmacy for sale in Northern Ohio. The pharmacy has been in business for 14 years. They are strategically situated within a Medical office building.

The pharmacy’s payer mix is 93% Medicare, 5% Medicaid, 1% Insurance, and 1% Cash. The pharmacy revenue was $4,794,876 in 2016 with an adjusted EBITDA of $108,000, and they are expected to do the same in 2017. They currently dispense 1715 scripts per week with an average ticket of $60 per script. There are 30% new and 70% refill prescriptions per week.

The owners are willing to accommodate a transitional period as needed. The remaining staff is available to stay on with a new owner. The asking price for this opportunity is $2 Million, plus the cost of inventory.

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