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High Volume Mid-Town Pharmacy In New York County For Sale

New York County, New York, US
Asking Price:
$1,799,000
Sales Revenue:
$2,745,516
Cash Flow:
$662,621

High Volume Mid-Town Pharmacy. This 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 to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Divesting

Employees:
2FT/4PT
Years established:
2002

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

1,440,000.00 Down & $359K over negotiable terms with a personal guarantee.

Furniture / Fixtures value:
$150,000
Inventory / Stock value:
$150,000

Contact Vested Business Brokers HQ

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