1. Home
  2. Businesses for Sale
  3. New York
  4. Pharmacies
Business for Sale Summary

High Volume Mid-Town Pharmacy - 34779

Business Type: general merchandise store,health/beauty/nutrition supply,healthcare related services,medical/surgical/hospital equipment & supplies,misc. retail/non-classifiable,misc. service/non-classifiable,seller financing available,pharmacies
Owner Financing
High Volume Mid-Town Pharmacy
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 63 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,799,000 Down Payment $1,440,000
Gross Revenues $2,945,516 Lease Remaining Register Free to View
Owner’s Cash Flow $662,621 Number of FT Employees Register Free to View

Financing

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

Business Description

High Volume Mid-Town Pharmacy. This 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!

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.