TIM'S PHARMACY & GIFT SHOP, LTD.

What TIM'S PHARMACY & GIFT SHOP, LTD. does

Tim's Pharmacy & Gift Shop, Ltd. is an independent community pharmacy operating from a single retail location at 106 1st St S in Yelm, Washington, established in 1919 and revitalized under current owners Will and Courtney Quinby (Doctoral-level pharmacists from Washington State University) in 2017. The business serves local residents, families, seniors, assisted living facilities, patients requiring specialized formulations, and pet owners through a multi-service model that integrates prescription dispensing, custom compounding (pediatric, allergen-free, alternative dosage forms, veterinary), compliance/bubble packing, immunizations (including travel vaccines), prescription delivery, and curbside pickup. The pharmacy is co-located with an adjacent gift shop (home decor, gifts, candy, seasonal items) and an in-store coffee shop branded Holy Grounds Coffee, creating a community-hub positioning uncommon among chain pharmacies.

Revenue is generated across five streams: traditional prescription services billed through insurance and out-of-pocket payments, compounding services (professional services model), gift shop retail, Holy Grounds Coffee retail, and free compliance packing delivered to local assisted living homes as a relationship-driven service. Customer acquisition is community-led, relying on local reputation, word-of-mouth referrals, Google Maps SEO, and active Facebook and Instagram accounts. The RxLocal mobile app (a third-party platform) supports refill management and patient-pharmacy communication. The company is not venture-backed or PE-owned; ownership rests with the Quinbys, with no disclosed institutional investors, parent entities, or subsidiaries.

The company maintains partnerships with Cascadia Pharmacy Group (group purchasing and operational support), PCCA (compounding supplies and training), NCPA, and the Washington State Pharmacy Association. No patents, trademarks, regulatory actions, funding rounds, mergers, acquisitions, or restructuring events are recorded. The business is actively hiring staff pharmacists as of August 2025, signaling modest capacity expansion within the constraints of a single-site, founder-owned operation.

Name

TIM'S PHARMACY & GIFT SHOP, LTD.

Legal name

Tim's Pharmacy & Gift Shop, Ltd.

Website

https://timspharmacy.com

Company type

Private

Founded year

1919

Operating status

Operating

Headcount range

11–50 employees

Short description

Tim's Pharmacy & Gift Shop, Ltd. is an independent compounding pharmacy and retail destination in Yelm, WA, founded in 1919, serving local residents, seniors, families, and pet owners with custom medications, compliance packing, immunizations, delivery, a gift shop, and an in-store coffee shop.

Ownership category

akta.pro rank

Product category

Retail Pharmacy

NAICS

Pharmacies and Drug Retailers (456110), Health and Personal Care Retailers (456)

SIC

Retail-Drug Stores And Proprietary Stores (5912), Retail-Misc General Merchandise Stores (5399)

akta.pro primary industry

Small-Format Urban/Neighborhood Drugstores (CRAEAHAC)

akta.pro secondary industries

Discount Drugstores with Convenience Food & Beverage (Value C-Store Hybrid) (CRAEAHAJ), Value Convenience with Pharmacy / Health & Wellness Counter (CRAEAJAE)

Keywords

• Independent community pharmacy
• Compounding pharmacy services
• Prescription dispensing
• Compliance bubble packing
• Immunization services

Headquarters

HQ city

Yelm

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations

Revenue model

1. Prescription Pharmacy Services: Traditional pharmacy services including prescription dispensing, immunizations, and medication management. Revenue generated through insurance claims and out-of-pocket payments for uninsured patients.
2. Compounding Services: Custom-made medications tailored to individual patient needs when FDA-approved versions are unavailable or patients have specific requirements
3. Gift Shop Retail: Retail sales of gifts, home décor, candy, seasonal items, and souvenirs. Offers free gift wrapping.
4. Holy Grounds Coffee Shop: Coffee shop inside the pharmacy offering coffee, smoothies, ice cream, and light refreshments
5. Compliance Packing Services: Multi-dose medication packaging services, offered free to local Assisted Living homes

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Tim's Pharmacy & Gift Shop is an independent community pharmacy in Yelm, Washington that dispenses prescriptions, provides custom compounding services, administers immunizations, and offers compliance/bubble packing for medication adherence. The single-location retail destination also operates an on-site gift shop selling home décor, gifts, candy, and seasonal items, alongside the Holy Grounds Coffee shop serving beverages, smoothies, and ice cream.

Product overview

Tim's Pharmacy & Gift Shop is an independent compounding pharmacy offering a single-location integrated retail and healthcare model. The core pharmacy services include compounding pharmacy (custom-made medications), compliance packing/bubble packing (multi-dose medication organization), immunizations, prescription delivery, and curbside pick-up. The RxLocal mobile app enables prescription refills and patient-pharmacy communication. Adjacent retail offerings include a gift shop with home decor, gifts, and sweets; and Holy Grounds Coffee, an in-store coffee shop serving beverages and ice cream. All services are offered at a single Yelm, Washington location established in 1919 and operated by owners Will and Courtney Quinby since 2017.

Differentiator

Problem solved

Functional benefit

Brands

• Holy Grounds Coffee: A coffee shop inside Tim's Gift Shop offering coffee, smoothies, and ice cream. Located at Tim's Pharmacy & Gift Shop in Yelm.

Products and services

• Compounding Pharmacy Custom-made medications tailored to individual patient needs when FDA-approved versions are unavailable, including custom dosages, allergen-free formulations, pediatric preparations (creams, syrups, lollipops, suppositories), and veterinary compounding for pets.
• Compliance Packing (Bubble Packing)
• Immunizations
• Prescription Delivery and Curbside Pickup
• Gift Shop
• Holy Grounds Coffee

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Cascadia Pharmacy GroupcoreChannel Partner/ Reseller/ DistributorCascadia Pharmacy Group is a pharmacy services organization that provides support to independent pharmacies. Tim's Pharmacy is affiliated with Cascadia Pharmacy Group as a member pharmacy, benefiting from group purchasing power, operational support, and network affiliations.
• National Community Pharmacists Association (NCPA)minorOthersNational trade association representing independent pharmacies. Membership provides advocacy, resources, and networking opportunities for independent pharmacy owners.
• Professional Compounding Centers of America (PCCA)coreTechnology or IntegrationPCCA provides compounding pharmacy resources, training, ingredients, and support to independent compounding pharmacies. Tim's Pharmacy uses PCCA for compounding supplies and continuing education.
• Washington State Pharmacy Association (WSPA)minorOthersState-level professional organization representing pharmacies in Washington. Provides advocacy, education, and networking for Washington state pharmacists.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• CVS Pharmacy: CVS is a national drugstore chain offering prescription dispensing, immunizations, and front-end retail. A broad incumbent competing on scale, convenience, and PBM leverage rather than personalization.
• Walgreens: Walgreens is a national drugstore chain with similar prescription, vaccine, and convenience retail offerings. A broad incumbent benchmark for footprint and competitive pressure on independents.

Emerging players

• Amazon Pharmacy: Amazon Pharmacy is an online mail-order pharmacy offering home delivery and competitive pricing. Represents an emerging digital-native threat that could pull price-sensitive prescription volume away from community pharmacies.
• Avella Specialty Pharmacy: Avella is a specialty and compounding pharmacy operating at greater scale than Tim's with mail-order reach. Comparable in specialty compounding focus but with national distribution capability.

Regional players

• Bartell Drugs: Bartell Drugs is a Pacific Northwest regional pharmacy chain headquartered in the Seattle area, offering prescription, compounding-adjacent, and gift/front-end retail services. Comparable in regional Pacific NW footprint and integrated pharmacy-plus-retail format.

Direct peers

• Centralia Pharmacy: Centralia Pharmacy is the founders' first independent pharmacy, opened by Will and Courtney Quinby in May 2017 in Centralia, WA. It offers the same compounding, compliance packing, and community-pharmacy model as Tim's, making it a near-clone peer operating under common ownership.
• Rosemont Pharmacy: Rosemont is an independent compounding pharmacy offering custom medication preparation similar to Tim's. Comparable in compounding specialization and independent pharmacy business model.
• Katterman's Pharmacy: Katterman's is a long-standing independent compounding pharmacy in the Seattle metro area offering similar specialty compounding, immunization, and personalized pharmacy services. Comparable in business model, customer focus, and independent pharmacy positioning.

Others

• Professional Compounding Centers of America (PCCA): PCCA is the supplier of compounding ingredients, training, and resources to independent compounding pharmacies like Tim's. Comparable ecosystem participant that defines the technical standards for peers in this space.
• Cascadia Pharmacy Group: Cascadia Pharmacy Group is the pharmacy services organization that Tim's is affiliated with for group purchasing and operational support. It is a peer/partner organization rather than a direct competitor but represents the network of comparable independent member pharmacies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/TimsRx
• LinkedInlinkedin.com/company/tim's-pharmacy-&-gift-shop-ltd.
• Instagraminstagram.com/timspharmacy

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TIM'S PHARMACY & GIFT SHOP, LTD.