Business Overview

Newly established retail pharmacy with clean licensing available for sale. The pharmacy has over 45 PBM’s and is in-network with all the large insurance carriers, including, Aetna, CVS Caremark, Express Scripts, Cigna, MedImpact, Optum RX, Prime Therapeutics, Medicare, and Medicaid. The pharmacy has an opportunity to grow in its current location or can be relocated.

$200,0000 asking price with seller financing, available on a case-by-case basis.

Contact us now through the ad or by contacting the broker directly at jason@truviewbusiness.com or calling (713) 714-7516 to obtain the link for the electronic confidentiality agreement and buyer registration. Upon completion of these forms, we will send you detailed information about the business for sale.

Financial

  • Asking Price: $139,999
  • Cash Flow: N/A
  • Gross Revenue: $122,235
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $10,000
  • Inventory Included: N/A
  • Established: 2020

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,500
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

The current owner is offering training and support during the transition period.

Purpose For Selling:

Pursue other opportunities

Opportunities and Growth:

There are many opportunities to grow the business including investing in marketing, 340B expansion, developing relationships with additional doctors and nursing homes, adding delivery, and adding compounding.

Additional Info

The venture was founded in 2020, making the business 2 years old.
The transaction won't include inventory valued at $10,000*, which ins't included in the listing price.

The business has 0 employees and resides in a building with estimated square footage of 1,500 sq ft.
The property is leased by the company for $1,350 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals resolve to sell companies. However, the genuine reason vs the one they say to you might be 2 entirely different things. As an example, they might claim "I have a lot of other commitments" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these may just be excuses to attempt to conceal the reality of transforming demographics, increased competition, recent reduction in incomes, or a range of various other factors. This is why it is really crucial that you not rely totally on a seller's word, yet instead, make use of the seller's answer combined with your general due diligence. This will paint a much more practical picture of the business's current scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous companies finance loans with the purpose of covering items like stock, payroll, accounts payable, etc. Keep in mind that sometimes this can mean that profit margins are too thin. Many organisations fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that must be fulfilled or may lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location attract new customers? Most times, companies have repeat customers, which create the core of their day-to-day profits. Certain aspects such as new competition growing up around the area, roadway building and construction, and employee turn over can influence repeat clients as well as adversely impact future incomes. One crucial point to take into consideration is the area of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Certainly, the more individuals that see the business on a regular basis, the greater the chance to build a returning client base. A last thought is the basic location demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? Just how might the neighborhood typical household earnings influence future income prospects?