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Target List
Independent Pharmacy by State

1,225+ Pharmacies for sale in MinnesotaOff-market acquisition targets

1,225+ acquisition-ready pharmacies mapped in Minnesota.

Who this page is for. Buyers sourcing off-market pharmacies in Minnesota.

Companies
1,225+

Updated Jun 6, 2026. See your match on a free live map.

1,225+
Companies
Free
For buyers
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What we hold on independent pharmacy in Minnesota

We can map this market. We cannot hand you its contacts.

The owner is named on 15% of the companies we hold here, and named with a way to reach them on 5%. We will not sell you a contact pack this thin. If you want this market worked properly it is a sourcing engagement, and the first step is a conversation.

A sourcing mandate is a fixed fee, scoped on the call, delivered in 10 days, and we build and enrich the shortlist for you. The call decides whether it is worth running.

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Independent Pharmacy data sources

Minnesota pharmacy businesses are sourced from OpenStreetMap records, SBA loan registry data, and state business license filings where available. Each of the 1,225 mapped companies is scored using years in operation where known, customer review signals, and estimated revenue to produce the Acquisition Fit Score used to rank targets. Request the map, then book a 30-minute target review to rank the top 10 and scope how we reach them.

Minnesota's pharmacy market presents a compelling acquisition opportunity, with 1,225+ mapped pharmacy businesses operating across the state's diverse healthcare landscape. The region benefits from a strong healthcare infrastructure anchored by major medical centers and a population with solid insurance penetration, creating stable revenue streams for independent and small-chain operators. Minnesota's regulatory environment and competitive but manageable market dynamics have made it an attractive location for pharmacy entrepreneurs, supporting a mature and established business ecosystem that appeals to strategic buyers seeking operational stability and established customer relationships. For buyers targeting platform consolidation or regional expansion, Minnesota's combination of business density, owner maturity, and healthcare market fundamentals positions the state as a priority market for pharmacy acquisition activity.

Ownership intelligence

Serava maps and scores all 1,225 pharmacies in Minnesota by years in business, fit, and exit signals. The full ranked list and fit scores unlock inside your deal map.

Minnesota's 1,225 mapped pharmacy targets span 3 cities. The top three markets, Minneapolis (216), Saint Paul (145), Rochester (32), represent 32% of the total.

Top 6 Minnesota pharmacy targets

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WEST S...

Saint Paul, Minnesota$2.4M to $3.6M est. revenue
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MAPLE G...

Osseo, Minnesota$1.5M to $2.3M est. revenue
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GOODRICH P...

Elk River, Minnesota$3.3M to $5M est. revenue
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Buyer Radar

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See which institutional buyers are actively searching for a business like yours, from 1,793 verified acquirers (386 of them sitting on a fresh fund). Free to search. No listing, no broker.

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GOODRICH P...

Anoka, Minnesota$2.1M to $3.2M est. revenue
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Full ranked list and fit scores unlock from the target-list request above

WELIA H...

Pine City, Minnesota$5.8M to $8.7M est. revenue
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Full ranked list and fit scores unlock from the target-list request above

GOODRICH P...

Andover, Minnesota$1.8M to $2.7M est. revenue
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Unlock all 1,225 pharmacies

Ranked target map, websites, fit-score rationale, and shortlist export. This vertical has no owner-contact layer, so reaching owners is a sourcing engagement rather than an export.

Request the target list from the primary CTA above.

Frequently Asked Questions

How many pharmacies are for sale in Minnesota?

Serava.AI has mapped 1,225 acquisition-ready pharmacies in Minnesota. The largest concentrations are in Minneapolis (216), Saint Paul (145), Rochester (32). These are active, operating businesses with a minimum of 5 years in business, scored for owner exit readiness and financial profile. Not all are actively listed for sale: the majority are off-market targets that have not yet engaged a broker.

What is the typical revenue of a pharmacy in Minnesota?

Revenue for pharmacies in Minnesota varies by size, but most SMB-scale targets in our database fall in the $1M to $15M annual revenue range. Serava.AI provides revenue estimates benchmarked from payroll data, OSM business data, and SBA loan records.

What should I look for when buying a pharmacy?

Key signals for a high-quality pharmacy acquisition include: a long operating history (15+ years in business), stable recurring or repeat revenue, strong online ratings (4.0+ with 20+ reviews), an established local customer base, and a skilled technical workforce. Serava.AI's Acquisition Fit Score (0 to 100) weighs all of these factors and benchmarks each company against your specific buyer criteria.

How do I find off-market pharmacies in Minnesota?

Many pharmacy business acquisitions start with off-market research before an owner runs a brokered process. Serava.AI maps pharmacy companies in Minnesota using years in business and local market data, then helps qualified buyers prioritize outreach with available contact-signal coverage.

What is the typical asking price for a pharmacy in Minnesota?

Pharmacies in Minnesota typically trade at 3x to 6x EBITDA, depending on revenue concentration, customer contracts, and owner dependency. A business with $2M revenue and 12% EBITDA margins ($240k EBITDA) would price between $720k and $1.44M. Businesses with recurring contracts, a long operating history, and clean books command higher multiples.

Which cities in Minnesota have the most pharmacies available for acquisition?

The top pharmacy acquisition markets in Minnesota by company volume are: Minneapolis (216 companies), Saint Paul (145 companies), Rochester (32 companies). Minneapolis leads the state with 216 mapped pharmacy operators. Serava.AI ranks targets within each city by acquisition fit score, so buyers can focus on the highest-signal companies in their target markets.

Top cities for pharmacy acquisitions in Minnesota

Minneapolis216 companiesSaint Paul145 companiesRochester32 companies

About this data

Serava.AI maps pharmacy acquisition targets in Minnesota from OpenStreetMap records, Companies House (UK), SBA loan registry data, and state business license filings. The 1,225 mapped companies are each scored 0 to 100 on acquisition fit using years in business, customer review ratings, and estimated revenue. Scores above 80 represent high-priority outreach targets with strong succession signals. Data is refreshed regularly via our automated scraping pipeline.

Top Cities in Minnesota

Minneapolis216Saint Paul145Rochester32

Province Guides

How to buy a pharmacyPharmacy for sale in Arizona checklistSearch fund deal sourcing guide

Independent Pharmacy in Other Regions

California478,861Texas156,137Florida141,769New York117,808Illinois85,860Pennsylvania78,871

How this data is sourced

Serava maps 1,225 independent pharmacy businesses in Minnesota from public registries, licensing boards, and corporate filings. We filter out chains, nonprofits, and the inactive records we can detect, but some listings may still be inactive or mis-tagged.

Each is scored 0 to 100 on years in business, succession signals, and contact reachability, so the result is a ranked set of owner-led targets that are not posted on any marketplace.

Built and maintained by Serava, founder Sadra Khorvash. Last updated October 2026.

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Independent Pharmacy acquisition targets in Minnesota

See how many owner-led independent pharmacy businesses in Minnesota match your thesis, free.

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Owner-direct contacts are thin in this market: we hold a named owner and a way to reach them on the same record for 5% of the companies here. Pro here includes 20 owners a month, researched by hand from your own map: the owner's name and the business phone, each with the public page it came from, within 3 business days. An owner we cannot find does not count toward the 20.

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