Established Pharmacy In Oakland County

Description

Established pharmacy for sale in Oakland County, Michigan.

The business opened in 2012 and operates from the main entrance of a Class A medical building.

The seller reports that more than 12 prescribers practice within the building, with more than 20 additional specialty providers located nearby. The pharmacy currently receives prescription business from patients connected with these medical practices.

Business setup

• Operating pharmacy established in 2012
• Medical building location
• Computers and POS systems
• Counters, fixtures and retail displays
• Additional lobby space for OTC and sundry merchandise

The seller states that the existing equipment and store fixtures are in very good condition.

The current owner does little advertising. Possible additions include local delivery, mail-order service, a website, longer operating hours and a broader selection of over-the-counter, gift and convenience products.

Any expansion into delivery or mail-order prescription services would be subject to applicable pharmacy, patient privacy, shipping and state and federal requirements.

Buyers should verify prescription volume, historical financials, gross margins, payer and PBM contracts, reimbursement rates, inventory, wholesaler agreements, lease terms, staffing, pharmacist coverage, controlled-substance procedures and the extent to which current prescription volume depends on nearby medical practices.

Pharmacy ownership, licensing, DEA registrations, controlled-substance authority, Medicare or Medicaid participation and payer agreements are subject to applicable state and federal requirements and should not be assumed to transfer automatically with the business.