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Business for Sale Summary

Landmark Pharmacy Grossing Over $12mil - 36880

Business Type: absentee business,health/beauty/nutrition supply,healthcare related services,misc. retail/non-classifiable,misc. service/non-classifiable,pharmacies
Bank financeable
Landmark Pharmacy Grossing Over $12mil
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This business has received 76 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $2,900,000 Down Payment $2,900,000
Gross Revenues $12,407,185 Lease Remaining Register Free to View
Owner’s Cash Flow $961,728 Number of FT Employees Register Free to View

Financing

$2,900,000 Down and Possible for a well-qualified buyer.

Business Description

Landmark Pharmacy Grossing Over $12mil. Absentee Operation. Fully staffed. SBA Pre-Qualified. This pharmacy is a legacy in the state with a 25 year presence. It services the largest healthcare system in the state and serves more than 10,000 doctors. Sales have grown substantially year over year for the past several years. No audits, all major insurances, and clean licenses. In the past year, the business grossed $12,407,185.15, with a net cash flow of approx. $961,728.00. The store is 5,000 sq. ft. with a rent of only $3,000/mth. SBA Prequalification is subject to confirmation that the buying entity includes a licensed pharmacist as part owner. In addition, this assumes the buyer has transferable pharmacy management experience. Buyer must also satisfy the minimum criteria requirements for an SBA acquisition loan, including credit of 700K or better and collateral. Proof of funds for at least $300K 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! 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.