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Business for Sale Summary

Family Owned Pharmacy for Sale in New York - 36023

Business Type: healthcare related services,misc. retail/non-classifiable,seller financing available,pharmacies
Owner Financing
Family Owned Pharmacy for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $259,000 Down Payment $199,000
Gross Revenues $800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $140,000 Number of FT Employees Register Free to View

Financing

$199,000 Down and $60K over 3yrs @ 5%.

Business Description

Family Owned Pharmacy. This retail pharmacy is a spacious 2500 sq. ft. and located right next door to a medical clinic. The average 65 scripts per day. They accept all major insurances, including Medicare, Medicaid, CVS Caremark, Express Scripts, etc. and have clean licenses. The rent is only 3,260/mth and the landlord is willing to offer a long term lease to a well-qualified buyer. In the past year, the business grossed approx. $800,000 with an owner’s cash flow of approx. $140,000. Please note this is a family owned business currently, meaning the PIC and front end register person are family members that will be leaving following a limited training and transition period post-sale. We are seeking a serious and financially qualified buyer with at least $299K in liquid funds to cover the $199K down payment plus approx. $30K in inventory (to be determined, $30k by rough estimate) Proof of funds will be requested before any seller meetings. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.