Listing ID: 70214
Don’t miss this opportunity to add a new location to your business!
Fully licensed and contracted pharmacy in the Alabama. Licensed in 19 states!!!
This location is equipped with a full buildout, active contracts and clean licenses. A true turn key operation. Staff is in place and ready for new ownership.
- Asking Price: $195,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2007
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,250
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
The business was founded in 2007, making the business 15 years old.
The business has 3 employees and is located in a building with estimated square footage of 1,250 sq ft.
The real estate is leased by the company for $2,000 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals resolve to sell operating businesses. However, the genuine reason and the one they tell you might be 2 completely different things. For instance, they may state "I have a lot of other obligations" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these might just be justifications to try to conceal the reality of altering demographics, increased competitors, recent reduction in revenues, or a range of other reasons. This is why it is extremely crucial that you not depend entirely on a seller's word, but instead, use the seller's solution combined with your general due diligence. This will paint a more practical picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies take out loans in order to cover items such as stock, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can mean that profit margins are too tight. Many companies fall into a revolving door of taking on debt as a way to pay back other loans. Along with 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 might have existing contracts with vendors that must be satisfied or may cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location attract new customers? Many times, businesses have repeat customers, which develop the core of their daily revenues. Particular elements such as brand-new competitors sprouting up around the area, road building and construction, as well as staff turnover can influence repeat consumers and adversely affect future revenues. One crucial point to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Clearly, the more individuals that see the business regularly, the greater the chance to develop a returning client base. A final thought is the general location demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? Just how might the neighborhood mean house income influence future revenue prospects?