Business Overview:
Mid sized Retail Pharmacy for sale due to owners’ retirement. Established over 18 years ago, under the same owner for 10 years, located inside Medical Building with 2 medical groups and 3 independent practices. Loyal Clientele, Medical, Medicare, Private Insurances, relationships with over 20 local boarding care, hospices and RCFEs. Open 5 days a week, 1,200 sq. ft, excellent lease plus options. Seller is willing to stay during the transition period and help with financing with substantial down payment to qualified pharmacist. Pharmacy does around 4,200 prescriptions per month, no compounding, no DME. Revenue consists of 40% Medical, 40% Medicare and 20% Private Insurances. Gross Revenue for 2008 is 1.95M, Net Profit is 310K, Projected Gross for 2009 is 2.1M and net income is 350K Inventory of 100K is extra.FINANCIAL STATEMENTS, INVENTORY COUNT, AND ANY ADDITIONAL INFORMATION WILL BE GLADLY PRESENTED TO QUALIFIED BUYERS DURING DUE DILIGENCE. PROOF OF FUNDS IS REQUIRED. SELLER IS MOTIVATED.CALL ALEX LEVITAN, SUNBELT BROKER (818)640-8080, OR SUBMIT THE NDA ONLINE. WWW.SUNBELTCA.COM - CONFIDENTIALITY AGREEMENT-SUBMIT ONLINE-PREFERRED BROKER ALEX LEVITAN
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.
Reason for Selling:
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: