Are you a pharmacist looking to take the next big step in your career by becoming your own boss? While building a pharmacy from scratch will take several months, buying an existing business can help you hit the ground running. Since pharmaceutical care is an integral part of the healthcare spectrum, owning and operating a pharmacy can be very profitable. So, if you are interested in earning a healthy profit, our extensive list of Florida pharmacies for sale can help you refine your search.
Pharmacists are among the highest-paid professionals in the United States. According to the latest statistics, the market size of the Pharmacies & Drug Stores industry increased to $338.2 billion in 2021, growing faster than the overall retail trade sector. Moreover, the industry has witnessed an average annual growth of 2.6% in the past five years. The annual profit margin for pharmacies in the country is also reported to be 20% or higher, which is considered rather healthy.
You can take a look at the latest pharmacies for sale in Florida by selecting the area of your choice and clicking on “medical pharmacy” under the “medical-related” business category.
The pro-business climate and favorable tax structure are the biggest reasons many entrepreneurs and small business owners choose to set up shop in Florida.
If you decide to open a pharmacy here, you will gain access to a diverse patient population. To make things even better, you will be able to enjoy pleasant weather and a vibrant lifestyle throughout the year. The hundreds of miles of stunning beaches, coastal lifestyle, and friendly locals also add to the charm of living and working in the Sunshine State.
On average, pharmacists in Florida make $120K per year. Of course, this figure may vary with each area and type of business. However, acquiring one of the Florida pharmacies for sale can pay dividends for years to come. You can also expect a significant financial payoff if you later decide to sell the establishment to another owner.
Whether you are looking for a fresh start or step into a bigger role, our licensed brokers can help you find the best pharmacies for sale in Florida in your desired location. With years of experience in the field, we ensure complete confidentiality and a smooth acquisition process. Similarly, if you want to put your pharmacy up for sale, we can help you get in touch with the right buyers.
When someone opens a new pharmacy, changes locations, or buys an existing establishment, the state law requires them to obtain a Community Pharmacy Permit. The application and licensure fee for this permit is $255 only, according to the official website of the Florida Board of Pharmacy.
Please note you cannot obtain a Drug Enforcement Administration (DEA) registration number without this permit.
Furthermore, you can become a member of the Florida Pharmacy Association to build connections with your colleagues across the state.
If you have your sights set on one of the Florida pharmacies for sale, check out the Florida Pharmacy Association to gain relevant information.
Meanwhile, you can also look at our meticulously curated list of medical practices for sale in Florida.