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Community Retail Pharmacy

Chicago Metro Area, Illinois

Asking Price: Gross: Cash Flow:
$2,000,000 $4,500,000 $362,000

Furniture and Fixtures Value:
$300,000 (included in the asking price)

Inventory Value:
$180,000 ( not included in the asking price)

Business Summary:
Established in 1970 and located in the 1st floor lobby area of a medical professional building, this community retail pharmacy regularly serves a very diverse patient population of over 3,000 patients, including residents of senior citizen housing facilities. The pharmacy is equipped with automated Rx dispensing equipment, has consistently dispensed over 102,000 patient prescriptions per year during each of the 4 previous fiscal years, and has generated gross annual sales of over $4.5M per during each of the previous 4 fiscal years. The pharmacy generated SDE cash flow in FY2011 in the amount of $362,335. The pharmacy delivers approximately 50% of dispensed prescriptions to its patients.The pharmacy is staffed with 1 F/T Pharmacist, 2 P/T Pharmacists, 4 F/T Pharmacy Technicians., and 3 F/T delivery drivers.The Seller has operated the pharmacy for 22 years and is seeking to retire.The Seller’s asking price of $2,000,000 includes FF&E valued at $300,000. Rx inventory currently valued at $180,000 at Seller’s Actual Cost is not included in the asking price. For additional information contact the listing broker Fred Atwood, Sunbelt Business Advisors at Office: 847-605-1510 Ext. 231, Mobile: 847-293-7063 or email: [email protected]

 
   
   
Year Business was Established: 1970
   
Number of Employees: 8 FT / 2 PT  
 

 

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