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Business for Sale Summary

Busy Pharmacy for sale in NY - 34703

Business Type: health/beauty/nutrition supply,healthcare related services,misc. retail/non-classifiable,misc. service/non-classifiable,pharmacies
Owner Financing
Busy Pharmacy for sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $600,000 Down Payment $600,000
Gross Revenues $900,000 Lease Remaining Register Free to View
Owner’s Cash Flow $125,000 Number of FT Employees Register Free to View

Financing

$600,000 Down and

Business Description

• Owner is retiring; She has been a pharmacist for approximately 21 years, but only in this location for 14 years as sole owner • No previous ownership. • She is no longer accredited as a durable medical equipment (DME) provider. She canceled her bond. However, there is basement storage available for inventory if the new owner is interested in becoming (or already is) a DME provider. • She takes all types of insurance plans. • Currently opened 4 days a week (M, T, W, F) and a few hours on Saturday (not open on Thursday). New owner can be opened 6-7 days/week and gross revenue closer to $1M • Revenue generated per month in OTC sales is $2K - $3K ($24K – $36K per year). This amount could be increased with expansion & placement of merchandise, DME sales, coupon/ promotions, etc. • 1500 Rx per month; no compounding • 1000 sq ft store; assignable lease, 2 years remaining on lease as of 2/26/22 • 1 FT employee and 1 PT (technician); use to have a 2nd pharmacist; Her pharmacist husband helps her, as needed • No high foot traffic; No parking • Relocatable to another location anywhere in the state of NY, if desired • Monthly Rent: $5,850 • Value of Inventory: $150K • Owner Financing of $400K, 5% for 24 months • Owner willing to provide support & training for 1 month to new owner

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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.