High Performing Rural Pharmacy! (17830)

Washington

Seller Financing Available

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Asking Price:$400,000
Gross Revenue:$1,121,714
Established Year:1977
Cash Flow:$563,381
FF&E:$150,000
BUSINESS DESCRIPTION

Perfect pharmacy awaiting city based pharmacist looking for a lifestyle change and more money. The highly profitable, 60+ year northern Washington state retail pharmacy, transferred from father to son, is a trusted pharmaceutical institution for locals and stopping point for Canadians in need of over the counter drugs, medical supplies, and retail gifts. This classic style venue, prominently featured on the town's historic Main Street, once featured a soda fountain counter but now offers retail gifts such as cards, décor and souvenirs, herbal supplements, pet supplies and medical supplies. historic Main Street location. The location includes space for pharmacy, office space, and retail store front. The facility is owned by the ownership and leased to the company. The store includes 4,500 square feet of space. Since its inception, the company has grown, with the majority of its revenues coming from repeat business and strategic market capitalization through local repeat business and relationships with doctors, hospitals, and insurance companies. The Pharmacy supports local and regional residents who want a personal touch and value their pharmacist. The store is in the middle of beautiful country, so the owner has access to fishing, hiking and different outdoor sports in a low crime period. The Company’s 2022 year end revenue was $1,121,714, with Seller’s Discretionary Earnings of $563,381, compared to $541,800 in 2021. This opportunity is perfect for a couple, a family or independent minded person!


DETAILED INFORMATION
Location
Washington
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
4,500
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Value for Property measuring 4,500+/- square feet can be added over the Asking Price to purchase! Can also be Leased.
Financing
Negotiable up to 20% for the right buyer.
Support & Training
Standard Owner Transition.
Reason for Selling
Approaching retirement and/or pursuing other interests.
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Jason
Hullender
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Jason Hullender