Long Established Neighborhood Pharmacy - 36746
Business Type: health/beauty/nutrition supply,healthcare related services,misc. retail/non-classifiable,other personal services,owner financing available,pharmacies
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $650,000 | Down Payment | $450,000 |
Gross Revenues | $2,500,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $255,000 | Number of FT Employees | Register Free to View |
Financing
$450,000 Down and $250K over 3yrs. @10%. Negotiable.
Business Description
Long Established Neighborhood Pharmacy. 15 years old. Prime Location!
This store has all major insurances, including Medicare and Medicaid, and clean licenses.
They averaged 700 scripts per week in 2024. The store is located on a main street.
It is a spacious 2,000 sf. In 2024 the business grossed $2,500,000 with a total owner’s benefit of $255,000 (reflecting a FT pharmacist – owner).
Outside of a new pharmacist-owner replacing the existing PIC, the business has a staff of 1 FT and 3 PT employees, including a PT pharmacist, 1 FT and 1PT tech and a FT clerk.
The rent is $5,500/mth with a 10 year lease. The landlord is willing to extend the lease for a well-qualified buyer with good credit.
We are seeking a serious and financially qualified pharmacist or buyer with pharmacy ownership experience and at least $600K in liquid funds to cover the $450K downpayment and apprx. $150K in inventory.
Proof of funds will be requested prior to a buyer-seller conference call or meeting. All site visits must be discreet and meetings must be scheduled by appointment only!
To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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