Listing ID# 103 - 04387

Baton Rouge, Louisiana
Asking Price:
$525,000 Furniture / Fixtures included
Sales Revenue:
$2,314,000
Cash Flow:
$127,000

Rural Louisiana Pharmacy. Well established currently operated by non-pharmacist. They are contracted with all of the major insurance providers and Medicare.

The Pharmacy is directly adjacent to a major Medical Center which has shuttle service to 4 other locations, an assisted living facility and a Council on Aging center. The pharmacy dispenses 50,400 scripts (20,300 new, 30,100 refill) annually with $2,314,000 in sales. The owner recently secured a 340b contract with the Medical Center.

Property information

Location:
Rural Louisiana
Premises Details:
2,900 square feet

Business Operation

Expansion Potential:
New 340b Program
Competition / Market:
Another independent pharmacy is located 12 miles away, a Fred's is 18 miles away and Walgreens and CVS are over 30 miles away.
Reasons for selling:
Relocation
Trading hours:
8-6 Weekdays
Employees:
6
Years established:
1973

Other Information

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$220,000