Business for Sale Summary
High Volume Mid-Town Pharmacy - *PRICE REDUCED* - 28364
Business Type: misc. retail/non-classifiable,new to market,seller financing available,pharmacies
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $500,000 | Down Payment | $500,000 |
| Gross Revenues | $2,600,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $297,760 | Number of FT Employees | Register Free to View |
Financing
$500,000 Down and Negotiable.
Business Description
High Volume Mid-Town Pharmacy - $2.6 mil. Gross Sales. ***MAJOR PRICE REDUCTION***
They average approx. 80-85 scripts/day in a full service pharmacy, plus a high end retail apothecary. This store has been established for 8 years in a fantastic mid-town location. In the past year, the business grossed approx. $2.6 million, with a net cash flow of approx. $297,760.00. 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 5 years left on the current lease with only 2.5% annual increases. THE LANDLORD WILL OFFER A NEW LEASE TO A QUALIFIED TENANT. The current rent is $21,000/month.
We are seeking a serious and financially qualified buyer with at least $810,000 in liquid funds to cover the asking price, $250K 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.
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.
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