Listing ID: 83269
This beautiful pharmacy is located in southwest Colorado, near the New Mexico border servicing both states. The pharmacy is well established with a loyal customer base and offers various revenue streams including DME, immunizations, and compounding.
- Asking Price: $800,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: $115,000
- Inventory Included: N/A
- Established: 2010
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:8
- Furniture, Fixtures and Equipment:N/A
The sale of this pharmacy will include all assets of the business minus the inventory.
The owner is looking to move into retirement, but would love to stay on and help the new owner transition.
Move into Retirement
Having existing compounding services, there would be growth by working with local veterinarians to provide quick services to animals in need.
The business was established in 2010, making the business 12 years old.
The transaction won't include inventory valued at $115,000*, which ins't included in the listing price.
The business has 8 employees and resides in a building with disclosed square footage of N/A sq ft.
The property is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all kinds of reasons people choose to sell operating businesses. Nevertheless, the true reason vs the one they say to you may be 2 completely different things. For instance, they might claim "I have a lot of various obligations" or "I am retiring". For lots of sellers, these factors stand. But, for some, these may simply be excuses to attempt to hide the reality of transforming demographics, increased competitors, recent reduction in incomes, or a variety of other reasons. This is why it is really important that you not count entirely on a vendor's word, yet rather, utilize the vendor's response along with your general due diligence. This will repaint a more reasonable image of the business's current circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Numerous companies borrow money with the purpose of covering points such as supplies, payroll, accounts payable, so on and so forth. Remember that in some cases this can imply that profit margins are too tight. Numerous organisations come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that need to be satisfied or may result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the area bring in new customers? Most times, operating businesses have repeat consumers, which create the core of their day-to-day earnings. Specific factors such as brand-new competitors sprouting up around the area, road construction, as well as staff turn over can influence repeat consumers as well as adversely influence future incomes. One important thing to think about is the placement 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 possibility to build a returning customer base. A last idea is the general area demographics. Is the business situated in a densely inhabited city, or is it situated on the outside border of town? Just how might the local typical household income influence future earnings potential?