Business Overview:
This 40 year old independent Pharmacy has a great reputation in this attractive small town Community. It is the only Pharmacy in the community and the local customer base has appreciated the presence of a committed and competent Pharmacist serving their needs. The Buyer can continue to serve this customer base and to grow with the market area. The Seller is quite flexible and will consider a variety of deal structures and transition periods. He will also lease or sell the related building. The real estate can be purchased very attractively. Interest rates are near an all time low. Debt service will be very reasonable. It is a very good time to buy a business; particularly a 40 year old icon in the community. This Pharmacy is an excellent acquisition opportunity.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The building is a one story structure and was extensively remodeled in 2003 when the current owner consolidated two pharmacies into this one. Not only was there a significant facelift of the facility, but the layout was substantially rearranged. The entire building is about 7100 sf. There is also an attic for storage with folding ladder access. The facility is in good shape and looks attractive.
Market Competition and Expansion:
The Pharmacy enjoys a competitive advantage in that this is the only Pharmacy in this small community. There are a number of pharmacies including all the majors in an adjacent town about 15 miles away.
Reason for Selling:
Seller is retiring.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: