Your neighborhood pharmacy, NextPlat to acquire northwest Florida pharmacy for $1.5 million

NextPlat Corp (NXPL) announced an agreement to acquire an independent pharmacy near Pensacola, Florida, for total cash consideration of $1.5 million, including inventory.

The pharmacy, located in a rural community in the Florida panhandle, has served the local area for over 25 years, offering prescription fulfillment, over-the-counter products, durable medical equipment, and healthcare advisory services. For the year ended December 31, 2025, the pharmacy reported approximately $5.6 million in sales with retail margins of approximately 19%, a debt-free balance sheet, and positive working capital.

The transaction is expected to close in Q4 2026, subject to due diligence and customary closing conditions. Once complete, the acquisition will expand NextPlat’s PharmcoRx pharmacy unit, which currently operates four specialty pharmacies in central and southern Florida, into northwest Florida.