Pharmacy. Retail & Specialty Insurance Contracts.

Business Overview:

Established retail and specialty pharmacy in central Broward County surrounded by many medical offices, clinics and several hospitals. Currently operated by the pharmacist who is the owner plus two techs. Daytime hours Mon-Fri, closed nights and weekends. Higher than average profit margins. There is a small front end OTC area which is easy to manage. This is a word-of-mouth referral business. Detailing the local doctor’s offices and developing an active marketing plan should allow for increased prescription volume and revenue.

All third-party insurances contracts, Medicaid and Medicare are in place. Plus, specialty pharmacy contract with separate NABP and NPI numbers. The hard to obtain specialty insurance contract enables partnering with medical practices that provide care for complex conditions and limited access medications.

This pharmacy is part of the Healthmart system and ATLAS PSAO. There are no major third-party audits or board of pharmacy matters pending. The current owner is willing to stay on post-closing, subject to agreement and assist in obtaining additional specialty contracts and furthering growth. Additional revenue is generated by offer Medication Therapy Management (MTM) and administration of vaccines. It also has CLIA Certification.

There is additional space to build out a compliant non-sterile compounding area. Registered as a Pharmacy Tech training facility and also licensed in Texas. This is the perfect opportunity for an entrepreneurial pharmacist that would like to work for themselves or an established group that is looking to expand in the South Florida Market. Please contact for more details and additional information.

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Property Features and Assets:

Retail Pharmacy with specialty component. Separate NPI and NABP number for billing specialty medications. Room to expand into non-sterile compounding. Easy to manager. Daytime Mon-Fri. No nights and weekends.

Market Competition and Expansion:

This is a word-of-mouth referral business. Adding a marketing team as well as online and local advertising should help increase prescription volume. Additional services that could be expanded are Medication Therapy Management and admin of Vaccines.

Seller is who is the main pharmacist / owner is willing to assist in a transition period and provide additional consulting if needed and agreed.

Reason for Selling:

Additional Details:

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