Listing ID: 69854
Well Established Pharmacy –
Staff in place.
In Network with all major PBMs.
- Asking Price: $350,000
- Cash Flow: $125,000
- Gross Revenue: $5,300,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $60,000
- Inventory Included: N/A
- Established: 2014
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,500
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
The business was started in 2014, making the business 8 years old.
The sale won't include inventory valued at $60,000*, which ins't included in the asking price.
The business has 5 employees and is situated in a building with disclosed square footage of 2,500 sq ft.
The property is leased by the business for $6,389 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell companies. Nonetheless, the real reason and the one they say to you may be 2 totally different things. As an example, they might say "I have too many various responsibilities" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these may just be justifications to try to hide the reality of changing demographics, increased competitors, current reduction in profits, or an array of various other reasons. This is why it is very essential that you not depend entirely on a seller's word, yet instead, utilize the seller's solution along with your total due diligence. This will repaint a much more realistic image of the business's present situation.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Lots of companies take out loans so as to cover items such as stock, payroll, accounts payable, etc. Keep in mind that occasionally this can indicate that revenue margins are too thin. Numerous companies come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally 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 agreements with vendors that have to be satisfied or may cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the area draw in brand-new customers? Many times, operating businesses have repeat clients, which create the core of their everyday revenues. Certain aspects such as brand-new competitors growing up around the area, roadway building and construction, as well as employee turnover can affect repeat customers and negatively influence future revenues. One essential thing to consider is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Clearly, the more people that see the business on a regular basis, the higher the opportunity to build a returning customer base. A last thought is the basic area demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? Exactly how might the neighborhood typical household earnings impact future income prospects?