Rite Aid

Roll up Rite Aid with a dead retailer's real estate

Shaan pitches buying Rite Aid (the 'poor man's CVS' at a ~$500M market cap) and merging it with the real-estate footprint of a brand that died during COVID, then bolting on DoorDash-style mobile delivery of prescriptions to modernize it.

“We're going to take Rite Aid the brand, and then we're going to pick up real estate, uh, footprint of some brand that just died during COVID And they, like, you know, some dollar store, or like, you know, Sears. I don't know who— somebody's going out of business but has the same— Sears too big. You need somebody with the same footprint as a Rite Aid. We're gonna do a roll-up of those two, and we're gonna offer the, um, sort of mobile ordering delivery DoorDash-style service for prescriptions and, uh, and products from Rite Aid.”

Steal thisAcquire a brand with a wide real-estate footprint in a sector you care about, absorb a dying competitor's locations cheaply, and layer modern delivery on top.