Company Overview
American HealthCare Capital is pleased to introduce a Long Term Care Pharmacy for sale in Pennsylvania and Maryland. Established over 40 years ago, the pharmacy has 4 locations. They have solid contracts with SNF, ALF, and CCRC beds, and many of those accounts have been serviced for years. They currently serve nearly 3,300 beds.
Financial Overview
Gross revenues for this long term care pharmacy have been in the $16 million – $17 million range over the past few years. In the first 6 months of 2023, their revenues were $7,897,000 with an adjusted EBITDA of $118,000. This puts them on track to finish the year with $16,000,000 in revenues and an EBITDA of over $250,000.
Staff Overview
A full complement of highly skilled staff and a management team are expected to stay on after the sale. The owner will accommodate a transitional period as needed.
Asking Price
The asking price for this Long Term Care Pharmacy opportunity is $3 million.
