Listing ID: 69830
This retail pharmacy is established with clean licensing and in network with CVS Caremark, Catamaran, Prime, Medimpact, Humana, Medicare and Texas Medicaid. In operation since 2018, the pharmacy has excellent customer service. Owner retiring.
- Asking Price: $150,000
- Cash Flow: $24,000
- Gross Revenue: $264,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $25,000
- Inventory Included: N/A
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
The company was founded in 2018, making the business 4 years old.
The sale won't include inventory valued at $25,000*, which ins't included in the asking price.
The company has 1 employees and resides in a building with estimated square footage of N/A sq ft.
The real estate is leased by the business for $1,500 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons people resolve to sell companies. However, the genuine reason and the one they say to you may be 2 absolutely different things. As an example, they might claim "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these might just be justifications to try to hide the reality of changing demographics, increased competition, recent reduction in incomes, or an array of various other reasons. This is why it is really crucial that you not depend totally on a seller's word, yet instead, use the vendor's solution together with your overall due diligence. This will paint an extra sensible picture of the business's existing scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Many companies finance loans so as to cover items such as stock, payroll, accounts payable, so on and so forth. Remember that in some cases this can mean that earnings margins are too tight. Many businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that must be satisfied or may lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the area bring in brand-new customers? Many times, operating businesses have repeat consumers, which develop the core of their day-to-day earnings. Certain variables such as brand-new competitors growing up around the area, road construction, and also personnel turn over can affect repeat customers as well as adversely impact future revenues. One important thing to take into consideration is the area of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Clearly, the more individuals that see the business on a regular basis, the better the opportunity to build a returning client base. A final idea is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the edge of town? Exactly how might the regional average house earnings effect future revenue prospects?