$2.4 Million Revenue Retail Pharmacy located in Philadelphia, PA
| Asking Price: | $550,000 |
| EBITDA: | $90,000 |
| Gross Revenue: | $2,400,000 |
| Established Year: | 1990 |
$2.4 Million Revenue Retail Pharmacy located in Philadelphia, Pennsylvania.
Company Overview
Ensure Capital is pleased to introduce a retail pharmacy for sale headquartered in Philadelphia, Pennsylvania. This long-standing pharmacy has been proudly serving the local community for decades. At present, they have approximately 1,000 active customers generating an average of 800 prescriptions per week.
Financial Overview
The pharmacy’s payer mix is 90% Medicare, 8% Medicaid and 2% private pay. Gross revenues were $2.4 million in 2023 with an EBITDA of $90,000. This was a decline from 2022, in which the company had revenue of $3.4 million with an EBITDA of 120,000. The decline was due to the owners moving out of state and managing the business remotely. They feel the market could easily be recaptured with more active and present ownership.
Staff Overview
The staff consists of 1 full-time and 1 part-time Pharmacists, 2 Pharmacy Technicians, and 1 Driver. The staff is expected to stay on, and the sellers will assist during a transitional period as needed.
Asking Price
The asking price for this opportunity is $550,000.
