High Volume Mid-Town Pharmacy - 34779

Financing

$1,440,000 Down and $359K over negotiable terms with a personal guarantee.

Business Description

High Volume Mid-Town Pharmacy. This pharmacy business fared very well as an essential business over the past few years. No audits, all major insurances, and clean licenses. They average approx. 100 scripts/day. This store has been established for 20 years in a fantastic mid-town location. In the past year, the business grossed approx. $2,945,516.00, with a net cash flow of approx. $662,621.00. That includes approx. $577,998 in testing revenues (@ apprx 60% net margins). The store is 1,000 sq. ft. with 10 years remaining on the lease with a base rent of $6,100/mth. Very reasonable for the area. There is also a 1,000 sf basement. We are seeking a serious and financially qualified buyer with at least $2 mil. in liquid funds to cover the down payment plus approx. $150K in inventory and $27K in rent security. Proof of funds must be provided prior to speaking with the seller. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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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.