High Volume Mid-Town Pharmacy

New York County, New York

Business Summary: LISTING ID # 34779High Volume Mid-Town Pharmacy. This pharmacy 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 [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-34779 for instant access to this business information.
Year Business was Established: 2002
Number of Employees: 2FT/4PT
Owner willing to finance: 1,440,000.00 Down & $359K over negotiable terms with a personal guarantee.
Owner willing to train: Seller will train
Reason for selling: Divesting