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Business for Sale Summary

Pharmacy for Sale in Kings County, NY - 33190

Business Type: absentee business,assets only sale,health/medical/dental practices,healthcare related services,must sell/drastic price reduction!,pharmacies
Owner Financing
Pharmacy for Sale in Kings County, NY
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General Information
Asking Price $99,000 Down Payment $99,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View


$99,000 Down and Seller will entertain any reasonable offer!

Business Description

Pharmacy Opportunity Sale *Must Sell* Current Conditions create this opportunity to get into an operating pharmacy at a bargain price. Any reasonable offer will be considered! This is a full service pharmacy with non-sterile compounding capability. Ideal for a new pharmacist looking to start out or an established pharmacist seeking a spacious location in a densely populated area. This is an A Plus location just minutes from Marine Park, in the heart of a densely populated and safe area of Brooklyn. There are more than 6 doctors offices within walking distance, plus a hospital a few blocks away! No audits, NO MEDICAID, but most other major insurances (Optum, Caremark & Humana. They do not have Express Scripts), and clean licenses. The pharmacy is over 1500 sq. ft. on a busy corner. You can add more front end items or additional services. There are 2 years left on the current lease plus a 5yr. option (can be extended for a qualified tenant with good credit). The rent for a new tenant shall be reduced by 15% down to $7,920/mth. (including taxes) There is one F/T pharmacist and 1 tech that currently handle the day-to-day operations. They currently average 75 scripts/week. Sales have been declining due to out of state ownership and $0 marketing. The current owner runs the business on a completely absentee basis. The business is NOT being sold based on revenue and profits. The asking price is simply for the lease, licenses and insurances. We are seeking a serious and financially qualified buyer with at least $145K in liquid funds to cover the asking price, $20K in inventory and a $26K rent security deposit. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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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.