Independent Pharmacy - Great Location for Sale

VR Business Sales GREENVILLE, SC

Independent Pharmacy - Great Location for Sale in Upstate, SC

Reference #:	41590048
Location:	Upstate, SC
Price:	$650,000
Amount Down:	$162,500
Revenues:	$1,863,493
Discretionary Earnings:	$217,500
Total Assets:	$263,373
Business Description:	Since its founding in 2005, this pharmacy has enjoyed rapid growth. It is located near a large medical complex that provides a strong base of customers and referrals. Prescriptions account for over 95 percent of revenues and currently average about 150 prescriptions per day. The business is absentee-owned and is well staffed with pharmacists and pharmacy technicians. Note that the cash flow figure stated above is for a full-time owner working as the pharmacist-in-charge. A new full-time owner could further grow this business by more aggressively marketing the business to consumers and by networking the local community and referral base. Additional growth could be realized by expanding the over-the-counter portion of the business, by adding durable medical equipment offerings, and through addition of other consumer products. This is an excellent acquisition opportunity for a licensed pharmacist seeking to own his/her independent pharmacy. It also represents an attractive opportunity for an existing network of pharmacies to expand its revenue base while capitalizing on increased purchasing economies. The acquisition has been pre-qualified for an SBA guaranteed bank loan. A qualified buyer may be eligible for a financing package of 75% or greater of the total project costs, including working capital financing.
Contact Us About This Business For Sale The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.