Company Overview

PRIME exits and American HealthCare Capital are pleased to exclusively represent a closed-door Pharmacy for sale that provides services across Northern California. This pharmacy is a 33-year-old, family-run business with an exceptionally loyal customer base and an impeccable reputation for service excellence. The owners plan to retire but are open to a successful transition plan.

Financial Information and Growth Opportunities

The company’s strong referral network drives revenue through cash-based contracts (no insurance billing). Gross revenue has been consistent over the past few years in the $500,000 range, and they ended 2023 at $520,672 with an adjusted EBITDA of over $39,000.

The pharmacy fills an average of 1,800 scripts per week. Current inventory is roughly $350,000 OTC and Rx. 

The Opportunity

This is an exciting opportunity for a strategic buyer who can leverage the existing business and allocate resources for expansion. Current ownership limits new business to a 120-mile radius and turns away referrals from outside the current service area. The owners would support passing along referrals they’ve previously declined.   

Asking Price

The asking price is $3 million plus inventory.