In 1940 José Navarro, Sr. founded Navarro Discount Pharmacies in Havana, Cuba.
Following radical political change in Cuba, Mr. Navarro, opened a pharmacy on S.W. 8th Street and 13th Avenue, in what would become the heart of Miami's Little Havana sector.
The company continued to expand, eventually growing to 28 stores in Miami-Dade. Navarro holds a 17% market share in South Florida with annual sales in excess of $320 million, making the company one of the most profitable performers on a sales-per-square foot basis. Further expansion plans are firmly in place with new stores projected to open each year.
In order to fuel expansion, in 2007 Navarro Discount Pharmacies partnered with MBF Healthcare Partners, a private equity firm. This partnership has positioned Navarro to expand its presence in the market and achieve its vision of becoming the first choice pharmacy and discount drug chain for families in each community we serve.