This is a great opportunity to own a long-established, high-volume Pharmacy located right at the main entrance of a very busy, Class A Medical Building in Oakland County. Established 2012, there are over 12+ prescribers in the medical building along with 20 exclusive specialty providers in the surrounding areas that use this pharmacy for all their client needs. All computers, POS system, counters, fixtures and displays are in “like-new” condition! Nice retail lobby area that is not being utilized and should offer sundry and OTC products! Current owner does no advertising…A new owner/operator with some creative advertising/marketing along with offering mail orders, adding a website, deliveries, expanding the hours, adding sundry, retail, gifts and OTC items, you have HUGE potential. Location alone is a home run! A must see/must have business that will not last long. Turn-key operation only needing a new owner/operator! Call Armen Nazarian Business Brokers.
*All insurances and licenses are current and in good standing with the State of Michigan
- Asking Price:
- $949,000
- Sales Revenue:
- $2,440,655
- Cash Flow:
- $300,000
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Established 2012, there are over 12+ prescribers in the medical building along with 20 exclusive specialty providers in the surrounding areas that use this pharmacy for all their client needs. All computers, POS system, counters, fixtures and displays are in “like-new” condition! Nice retail lobby area that is not being utilized and should offer sundry and OTC products!
- Size in square feet:
- 809
Business Operation
- Expansion Potential:
-
Current owner does no advertising…A new owner/operator with some creative advertising/marketing along with offering mail orders, adding a website, deliveries, expanding the hours, adding sundry, retail, gifts and OTC items, you have HUGE potential. Location alone is a home run!
- Reasons for selling:
-
Retirement
- Employees:
- 3
- Years established:
- 12
Other Information
- Support & training:
-
seller will train
- Financing available:
-
$949,000 with $300,000 down. 8% int., amortized over 120 months, balloon due in 60 months
- Inventory / Stock value:
- $200,000
