Hawaiian Islands Pharmacy
Asking Price: | $400,000 |
Gross Revenue: | $1,188,476 |
Rent: | $1,700 |
Cash Flow: | $200,000 |
Inventory: | $75,000 |
Established Year: | 2004 |
Pharmacy for sale in beautiful Hawaii! This rural community pharmacy fills about 400 prescriptions per week and did $1,200,000 in sales in 2023 with Owner Discretionary Income of $200,000. If you have ever dreamed of owning your own pharmacy in paradise, this is your chance!
This store has serviced the community for 35 years and the current owner has owned it for the past 20 years. Almost all retail prescriptions with 5-10 compounds a week mainly for a local veterinarian, and just 5 deliveries a week. OTC business $4,000 a month and could be increased with more merchandise and options. The pharmacy has a unique rural designation which allows it to receive a better reimbursement from the insurance contracts, increasing the gross and net profit of the pharmacy.
Rent is $1,700 a month for the 1,500 sq ft store. The owner of the pharmacy also owns the
building. So the purchase of the business could also include a “first right of refusal” to
purchase the real estate in the future. Seller is willing to “seller finance” part of the transaction.
All insurance contracts are in place and the license is clean with the Board of Pharmacy and DEA.
We are looking for a registered pharmacist to buy this pharmacy.