Pharmacy

Oakland County, MI

Seller Financing Available

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Asking Price:$399,000
Gross Revenue:$1,300,000
Rent:$3,400/Month
Cash Flow:$300,000
Inventory:$60,000
Established Year:2018
BUSINESS DESCRIPTION

This is a great opportunity to own a high-volume Pharmacy located inside a lobby of a large Professional Building in Oakland County. Established in 2018, this Pharmacy is within close distance to a major hospital, medical offices, commercial and residential properties. Location alone is a homerun! All equipment, furniture, fixtures, and displays are in “like-new” condition and maintained regularly. Current owner does not advertise…a new owner/operator with some creative advertising/marketing along with adding OTC items, networking with existing tenants in the building along with the surrounding medical offices/clinics, you have HUGE potential to increase revenue to a whole new level. Absentee owned! This is a turn-key operation that will not last long. A must see/must have business!! Seller will entertain all reasonable offers!
*All licenses and insurances are active and in good standing with the State.


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
796
Employees
2
Facilities
This is a great opportunity to own a high-volume Pharmacy located inside a lobby of a large Professional Building in Oakland County. Established in 2018, this Pharmacy is within close distance to a major hospital, medical offices, commercial and residential properties. Location alone is a homerun! All equipment, furniture, fixtures, and displays are in “like-new” condition and maintained regularly.
Growth & Expansion
Current owner does not advertise…a new owner/operator with some creative advertising/marketing along with adding OTC items, networking with existing tenants in the building along with the surrounding medical offices/clinics, you have HUGE potential to increase revenue to a whole new level.
Financing
$399,000 with $150,000 down 8% int., amortized over 240 months, balloon due in 60 mon
Support & Training
Seller will train.
Reason for Selling
Absentee Owner Downsizing
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