|Financial Information (non-confidential)
||Owner’s Cash Flow
Financing: $1,000,000.00 Down and $200K over 3 yrs. @ 7%
Reason for Selling:Downsizing.
High Volume Mid-Town Pharmacy - $2.8 mil. Gross Sales.
They average approx. 80-85 scripts/day in a full service pharmacy, plus a high end retail apothecary.
This store has been established for 7 years in a fantastic mid-town location.
In the past year the business grossed approx. $2.8 million with a net cash flow of approx. $300,760.00.
The current staff would stay on.
The store is a spacious 2,400 sq. ft. (with an 1,800 sq. ft. main floor and 600 sq. ft. mezzanine).
There are 8 years left on the current lease with only 2.5% annual increases.
The current rent is $18,500/mth.
We are seeking a serious and financially qualified buyer with at least $1,385,000 in liquid funds to cover the $1 mil down payment, $325K in inventory and $60K in rent security.
PLEASE HAVE PROOF OF FUNDS AVAILABLE TO EMAIL/FAX.
Please call 1-877-735-5224 for further information.
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