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Business for Sale Summary

High Volume Neighborhood Pharmacy - 37181

Business Type: healthcare related services,owner financing available,professional services,pharmacies
Owner Financing
High Volume Neighborhood Pharmacy
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Financial Information (non-confidential)

General Information
Asking Price $1,250,000 Down Payment $950,000
Gross Revenues $3,661,033 Lease Remaining Register Free to View
Owner’s Cash Flow $411,344 Number of FT Employees Register Free to View

Financing

$950,000 Down and $300K over 3 yrs. @ 7%.

Business Description

High Volume Neighborhood Pharmacy. 15 years old. Prime Location! This store has all major insurances, including Medicare and Medicaid, and clean licenses. They averaged 850 scripts per week in 2024. The store is located on a main street. It is a spacious 5,000 sf. There is plenty of room to add more front end items or offer additional services such as IV infusions. In 2024 the business grossed $3,661,033 with a total owner’s benefit of $411,344 (reflecting a FT pharmacist – owner). Outside of a new pharmacist-owner replacing the existing PIC, the business has a staff of 1 FT Front-End/Tech and 2 PT employees, including a PT pharmacist and 1 Clerk. The rent is $9,500/mth with 6 years left on the current lease. The landlord is willing to extend the lease for a well-qualified buyer with good credit. We are seeking a serious and financially qualified pharmacist or buyer with pharmacy ownership experience and at least $1,150,000 in liquid funds to cover the $950K downpayment and apprx. $200K in inventory. Proof of funds will be requested prior to a buyer-seller conference call or meeting. All site visits must be discreet and meetings must be scheduled by appointment only! To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com.

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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.