.png){kind=small}
Pharmacy Name
City Center Pharmacy
At a Glance
Location:
Birmingham, West Midlands
Guide Price:
£1,200,000
Annual Turnover:
£1,200,000
Dispensing Volume:
12,000 items per month
Premises:
Freehold
Pharmacy Overview
City Center Pharmacy is a high-performing business located in the heart of Birmingham. This pharmacy has built a strong reputation and loyal customer base over the years, with consistent dispensing volumes and excellent revenue growth. It presents a fantastic opportunity for an ambitious buyer looking to expand their portfolio or venture into the pharmacy sector.
Competition Overview
The pharmacy is unopposed for 0.8 miles, ensuring minimal competition in the local market. Its proximity to several health services makes it a preferred choice for prescriptions and consultations, further enhancing its competitive edge.
Key Details
-
Strong local market with increasing demand
-
Consistent growth in dispensing volumes
-
Prime location near health services
-
Opportunity to expand retail and private healthcare services
Growth Opportunities
-
Potential to automate dispensing for greater efficiency.
-
Expand OTC offerings and diversify the product range to attract more foot traffic.
-
Leverage the freehold premises to develop additional healthcare or retail spaces.
Reason for Sale
The owner is retiring, offering a fantastic opportunity for a new buyer to take over a thriving business in a prime location.