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Business for Sale Summary

Brooklyn Pharmacy DME with Custom O&P - 33563

Business Type: dental practice/laboratory/supply,durable medical equipment,durable medical equipment wholesale,equipment rental and sales ,general merchandise store,health/beauty/nutrition supply,health/medical/dental practices,healthcare related services,misc. retail/non-classifiable,misc. servicel/non-classifiable,misc. wholesale/distribution/non-classifiable,other business services,professional services,seller financing available,wholesale/dist businesses,pharmacies
Owner Financing
Brooklyn Pharmacy DME with Custom O&P
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Financial Information (non-confidential)

General Information
Asking Price $1,950,000 Down Payment $1,200,000
Gross Revenues $6,838,286 Lease Remaining Register Free to View
Owner’s Cash Flow $787,319 Number of FT Employees Register Free to View

Financing

$1,200,000 Down and $750K over 4 yrs. @ 6%. Plus an additional $350K in inventory.

Business Description

High Volume Pharmacy DME with Custom O&P. This is a truly unique business with multiple streams of revenue. 1.They offer a full retail pharmacy as well as ACHC and compounding. Approx. 250-300 scripts/day. 2.They offer Custom O&P (orthotics and prosthetics) 3.They offer DME (durable medical equipment), including custom DME. Both retail and wholesale. This location has it all from regular over the counter medication and surgical supply to custom power mobility, braces, even diabetic shoes. They have clean licenses. They accept 99% of all major insurances. They have a clean audit record and no issues or violations. The business operates M-F 9:30am-6:30pm, Sat 10am-4pm, Closed Sunday. In the past year the business grossed $6,838,286.00 with an owner's cash flow of $787,319.00. They occupy 6,200 sf of space including a store front drug store, a 2,500 basement and additional storage. There are at least another 15 (5 10) years left on the current lease with a rent of $14,918/mth. The business is fully staffed with approx. 34 total employees. The demand exists for e-commerce, but the seller has not had time to pursue it. The current owner has a lab in another state and has decided to divest of this business to focus on the lab and free up more time. We are seeking a serious and financially qualified buyer with at least $1.55 mil. in liquid funds to cover the $1.2 mil down payment and approx. $350K in inventory. Proof of liquid funds will be requested before the business name, address or P&L's will be released. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. 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.