SBA pre-qualified 240K down 375K net Pharmacy absentee run
Casselberry, FL
| Asking Price: | $2,400,000 |
| Gross Revenue: | $2,018,000 |
| Rent: | $4,050/Month |
| FF&E: | $200,000 |
| Cash Flow: | $425,000 |
| Inventory: | $270,000 |
| EBITDA: | $425,000 |
| Established Year: | 2007 |
Listing ID: 2198500Listing provided by BizBuySell
BUSINESS DESCRIPTION
Well established neighborhood pharmacy in Central Florida. Business is absentee run and very profitable. Staff in place to operate as is. Pharmacy specializes in customer service. The business has been pre-qualified for SBA financing. Excellent location on a major Central Florida retail area with a traffic count of over 40k cars a day. Buyer does not have to be a pharmacist. Excellent opportunity. Seller requires a no sale clause to major chains for 3 years. Customers want to remain with a local pharmacy with individual attention for each customer.
DETAILED INFORMATION
Location
Casselberry, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,400
Lease Expiration
24/04/2028
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Excellent facility in a very busy shopping center on a major transportation artery in the Orlando metro area. Very favorable long-term lease available.
Area is very busy and shopping center is fully occupied.
Competition
As the major chain pharmacies buy up more and more individually owned locations, customers, especially baby boomers look for personalized service and a relationship with their local pharmacist. Sales are strong and business is always good.
Growth & Expansion
New owner can continue growth and can expand hours. The business is solid and sales are steady and growing.
Support & Training
Owner will transition as needed as pharmacy is fully staffed. Owner does not work in the facility. Staff will train and are very experienced.
Reason for Selling
Retirement
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