Hawaiian Islands Pharmacy

Pharmacy for sale in beautiful Hawaii!   This rural community pharmacy fills about 400 prescriptions per week and did $1,200,000 in sales in 2023 with Owner Discretionary Income of $200,000. If you have ever dreamed of owning your own pharmacy in paradise, this is your chance!

This store has serviced the community for 35 years and the current owner has owned it for the past 20 years. Almost all retail prescriptions with 5-10 compounds a week mainly for a local veterinarian, and just 5 deliveries a week. OTC business $4,000 a month and could be increased with more merchandise and options. The pharmacy has a unique rural designation
which allows it to receive a better reimbursement from the insurance contracts, increasing the gross and net profit of the pharmacy.

All insurance contracts are in place and the license is clean with the Board of Pharmacy and DEA.

We are looking for a registered pharmacist to buy this pharmacy.

Listing ID:

ABM-24105354-40

Location:

Hawaii

Type of Business:

Pharmacy

Asking Price:

$400,000 (Plus Inventory)

Gross Revenue:

$1,188,476

Cash Flow:

$200,000

Inventory:

$75,000

FF&E:

Included

Established:

2004

Employees:

1 Owner who works 3-4 days a week as the RPH, 1 part time RPH who fills in 1-2 days a week, 1 Full time Tech and one part time clerk/driver.

Facilities:

1,500 sq ft.

Real Estate / Lease Terms:

1,500 square foot space paying $1,700 a month which includes NNN.
The pharmacy owner owns the building and will give a long term lease with the buyer of
the pharmacy and is also open to selling the building to the new owner in the future.

Growth Opportunity:

Opportunity to grow the compounding business, OTC, increased delivery and add Long Term Care.

Competition:

1 chain store 25 miles away, so virtually no competition.

Financing:

Seller is open to discussing seller financing.

Support & Training:

Seller will provide training to help the buyer take over providing a smooth transition while learning the business and its operating activities, gaining and understanding of the customers and vendor partners, and building a working relationship with the employees. Owner may be willing to work 1-2 days a week for the new buyer but does not want to continue to be the PIC after the sale.

Reason for Selling:

Seller is looking to retire.

Broker Contact:

Mark Dobbins – Hayslip Pharmacy Brokers in partnership with Advanced Business Brokers

Direct: 619-370-9346

Fax: 877-334-0642

For more information, fill out the form below:

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. ​Above information is subject to change and/or correction and should not be considered binding.