Listing ID: 82975
Cut the red tape and buy a very profitable well-respected pharmacy right now! The pharmacy is a non- sterile compounding lab that has been in business for over 5 years. This pharmacy operation is a perfect fit for an existing pharmacy wanting to expand into the compounding sector. The margins per script are much greater than retail. Currently filling approximately 350-400 RX’s per month; The staff is available to train the new owners and provide for a smooth transition. All furniture, fixtures, and equipment is included in the purchase. The pharmacy name and phone number will also go with the sale of the business. The purchase of this business is designed for a buyer to “cut the red tape” and acquire quickly, so the buyer will make money on day one! Call today and ask to speak to the broker for this business at 985-635-1831. SELLER IS MOTIVATED due to other interests. INCOME AND EXPENSE FIGURES CAN BE PROVIDED.
- Asking Price: $275,000
- Cash Flow: $150,000
- Gross Revenue: $375,000
- EBITDA: N/A
- FF&E: $41,700
- Inventory: $19,000
- Inventory Included: N/A
- Established: 2016
- 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 2016, making the business 6 years old.
The sale doesn't include inventory valued at $19,000*, which ins't included in the requested price.
Why is the Current Owner Selling The Business?
There are all types of reasons people decide to sell companies. Nevertheless, the true reason and the one they say to you might be 2 entirely different things. As an example, they may say "I have a lot of various responsibilities" or "I am retiring". For many sellers, these reasons stand. But also, for some, these might simply be excuses to try to conceal the reality of changing demographics, increased competitors, current reduction in earnings, or a variety of various other reasons. This is why it is really crucial that you not rely absolutely on a vendor's word, however instead, make use of the vendor's answer along with your total due diligence. This will repaint an extra realistic image of the business's current scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of businesses borrow money so as to cover things like supplies, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can suggest that revenue margins are too small. Numerous companies come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that must be met or may result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area draw in new clients? Many times, operating businesses have repeat consumers, which form the core of their day-to-day profits. Particular elements such as new competitors sprouting up around the area, roadway building and construction, as well as staff turnover can impact repeat clients and also adversely affect future earnings. One crucial point to consider is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business often, the greater the chance to develop a returning client base. A final idea is the general area demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? Exactly how might the regional typical house income influence future income potential?