Absentee-Owned Pharmacy Department within Busy Supermarket

Description

Absentee-owned pharmacy department for sale inside an operating supermarket. The pharmacy benefits from the supermarket's existing customer traffic and currently fills an average of approximately 150 prescriptions per day.

Business profile

• Approximately 150 prescriptions filled per day
• Located inside a busy supermarket
• Currently operated with absentee ownership
• Existing pharmacy staff in place
• Seller reports contracts with major Pharmacy Benefit Managers
• Medicare and Medicaid participation

Operations

The pharmacy operates as a department within the supermarket rather than as a standalone retail location. This gives the business access to customers already visiting the property for grocery and other purchases.

The seller states that the existing team is trained and expected to remain during the ownership transition. Continued employment should be confirmed directly with individual employees.

Payer relationships

The pharmacy is represented as participating with major PBMs as well as Medicare and Medicaid. These relationships are an important part of the current prescription volume and reimbursement structure.

Buyers should not assume that payer contracts, Medicare or Medicaid enrollment, NCPDP credentials or other pharmacy agreements automatically transfer with a change of ownership. Each relationship should be reviewed for credentialing, enrollment and change-of-ownership requirements.

Compliance

The seller reports that the pharmacy currently has no active audits or disciplinary actions.

A buyer should independently confirm this through appropriate regulatory, PBM and payer diligence, including any pending audits, recoupments, claims reviews or unresolved compliance matters.

Inventory

The transaction is described as a clean stock sale. Buyers should obtain a current inventory report and confirm how prescription drugs, controlled substances, over-the-counter products and any expired or short-dated inventory will be counted and valued at closing.

Due diligence

Buyers should verify prescription volume, reimbursement by payer, gross profit by drug category, DIR or other pharmacy fees where applicable, accounts receivable, inventory value, staffing costs, pharmacist coverage, supermarket occupancy arrangements and historical financial statements.

Particular attention should be given to state pharmacy licensing, DEA registration, controlled-substance compliance, PBM contracts, Medicare and Medicaid enrollment, wholesaler agreements, prescription records and patient-data obligations. Required licenses, registrations and payer relationships should not be assumed to transfer automatically to a buyer.