Profitable Retail and Compounding Pharmacy in NC
| Asking Price: | $800,000 |
| Gross Revenue: | $2,021,158 |
| Rent: | $3,000/Month |
| Established Year: | 1999 |
| Cash Flow: | $299,882 |
| Inventory: | $110,000 |
| EBITDA: | $299,882 |
Pharmacist owner can make $323,876/year on a $80,000 investment.
Colony RX is pleased to represent a profitable retail and compounding pharmacy in Western NC.
This store is profitable compared to the industry because of stable compounding (non-sterile) and because the seller has been selective in which PBM business he will accept. If a PBM would be unprofitable, he turned it away. As such, the seller found he could make a higher profit with a lower volume of prescriptions.
This is the perfect pharmacy because of stable recurring revenue, low rent, diversified cashflows, non-insurance revenue, low operating hours, great location, and a seller dedicated to your success.
The seller does little to no advertising or marketing despite being the only compounding pharmacy within a 20 mile radius.
Selling due to seller retirement.
We see many unprofitable pharmacies. This one is a winner.
-The store is on pace to make $299,882.80 in 2024.
-The structure we envision is an $800,000 price INCLUDING $70,000 of inventory and $40,000 of working capital (total $110,000 INCLUDED in the price). In this scenario, the buyer will put down $80,000, the seller will inject $140,000 on a 2-year deferred loan and Fidelity would finance the balance.
-With this structure, a passive buyer who never goes into the store, will make $299,882 minus $96,096 in loan payments = $203,876 during the deferral period. An owner operator will make $120,000 more after tax payments for a total of $323,876.
-Putting this together, a buyer who injects $80,000 into the store, will earn their money back in under 5 months and earn a return of 2.54x their money per year. If they operate the store, the numbers improve even more. I am unaware of any other investment with this level of return.
-The seller is financing a good portion of this on standby as a signal of his confidence in the business.
-Since the store has been pre-qualified by Fidelty, we will give preference to any buyer who agrees to use this bank, saving all parties time
