American HealthCare Capital is pleased to exclusively represent an independent retail pharmacy for sale in Louisiana. The pharmacy has been serving the local community since 1920. They are a one stop shop, offering a wide range of medication services that includes everything from OTC products to specialty services to treat complex, chronic, and rare diseases. The pharmacy offers free home delivery throughout the state of Louisiana.
The pharmacy is contracted with all major insurances. Their current payer mix is 40% Medicaid, 20% Commercial Insurance, 15% Medicare, 15% Cash, and 10% other. The pharmacy has more than doubled its gross revenue over the past two years, generating $3,156,664 in 2022 and $7,317,427 in 2023 with an adjusted EBITDA of $1,166,796. In 2024, they anticipate reaching $12 million in gross revenue with an adjusted EBITDA margin in the 15% range.
The pharmacy is fully staffed with a Pharmacist in Charge, a Lead Pharmacy Technician, a Technician, and a Clerk. The staff is expected to remain under new ownership.
The asking price for this opportunity is $9 million plus inventory.
