This is a full line retail pharmacy originally established in 1978. It is situated on an island in northwestern Washington with a population of 2,300 residents plus tourists. The island is a small but tight, friendly community that is becoming a sought after resort island to live in. The 2014 total sales were $1.64 mil. The total store margins in 2014 were 28% after pharmacy rebates. Total scripts filled for the same year were 31,045 with 13% cash and the rest traditional third party plans. The mix of Rx to total sales was 92% with the remaining being primarily OTC HBA. Total square footage of selling area is 897 sq. ft. with 247 sq. ft. office and an additional 225 sq. ft. outside storage building. The pharmacy building was built in 2004. The pharmacy is open 5 days a week Monday thru Friday from 9AM to 6PM and closed for a 45 minute lunch break each day for a total of 41.25 hours. The pharmacy has 5 full time employee, 2 pharmacists (co-owners), 2 pharmacy technicians and 1 tech assistant. There are no other competitors on the Island. This pharmacy has a very close relationship with the clinic and physician on the island and currently has the capacity to treat and prescribe medications to patients under Washington’s Collaborative Drug Therapy Agreement law for 22 different minor emergency situations. This is a great opportunity for a pharmacist or even better for a pharmacist couple wishing to practice pharmacy in a progressive setting and looking to live the Island Life.
Available Listings:
1. State of Washington
If you would like more information on a pharmacy listing, you will need to sign a CDA. Please contact us at bill@pharmacyts.com.