Established Bay Area Pharmaceutical Delivery Se...

Menlo Park, CA
San Mateo County

Asking Price: Annual Revenue:
$350,000 $326,387

Miscellaneous: Non-classifiable

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RE: Established Bay Area Pharmaceutical Delivery Se... Broker: Jc Myer

Quick Facts

Asking Price: $350,000
Annual Revenue: $326,387
Net Profit: Not Disclosed
Cash Flow: $100,049
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 4
BBN Listing #: 872764588
Broker Reference #: CAMPBCA001-51972

Email or Print Listing

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Business Overview:

The presented acquisition opportunity is for a well-established, niche delivery business, providing services for contracted pharmacies whose clients are home-bound. The business obtained it?s favored relationships within the highly scrutinized, bay area pharmacy industry by developing first-class operations and practices that meet the level of professionalism, organization and care required. Sales transactions & delivery requirements are received directly from contracted pharmacies. During the pandemic, the business realized growth and is expected to continue this trend throughout the upcoming wave of the retiring US Baby Boomer population. Low contact healthcare options have also become more standard and in-demand in the aftermath of the pandemic. A buyer for this business must be highly organized and possess some experience in logistics to navigate this highly regulated industry. Accountability and attention to detail are the key elements for the successful future of this geographically focused business. All drivers are 1099 contractors. ? One of the first Pharmaceutical Delivery Services ? In contract with 3 key pharmacies ? Easily integrated into existing delivery business ? Relocatable ? Key employee can run office ? Buyer will have a high degree of detail and organization ? Business model can be expanded into other territories ? Buyer will run office and be able to deliver when needed ? Very simple to run, attention to detail is key ? Growth can be had by increasing pharmacy relations ? Listing Price: $350,000 no invintory ? 2020 Cashflow (SDE): $140,201 ? Average SDE is 40.37% of Gross ? Gross sales increased during pandemic ? Fees are paid directly by pharmacies ? Average of 4 deliveries per hour ? Average delivery rate $15.00 ? Average delivery working hours per day 6 ? Average driver makes $25/hour ? Drivers are delivery area specific ? Main delivery type averages 584 deliveries/month

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Reason for Selling:

Sellers are Retiring

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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