Did you know that BusinessBroker.net provides a large Franchise & Business Opportunity Directory that allows our users to search through hundreds of full color web brochures and to request free additional information via email? Visit our Franchise Directory today or take a look at our Featured Franchise & Business Opportunities. Buy a franchise today!
Business For Sale
PHARMACY CHAIN
|
Asking Price: |
$2,800,000
USD USA Dollars
|
|
Business for Sale Industry: |
Retail: Health, Beauty, Nutrition
|
|
Reason for Selling:
|
Gain liquidity and expand business. |
|
Year Established:
|
1998 |
|
# of Employees:
|
17 |
|
Yearly Revenues:
|
$7,500,000 |
|
Yearly EBITDA:
|
$710,000 |
|
Monthly Payroll:
|
$65,000 |
|
Total Debt:
|
$1,200,000 |
Business for Sale Overview:
The Company is an operator of 4 independent full service professional pharmacies located in the Southern US. The stores, each well established in their respective communities, were acquired in 4 separate transactions over the last 10 years since the Company s founding. The Company s focus is excellence in customer service. The owner runs the Company on an absentee basis. With the exception of identifying and coordinating the acquisition of pharmacies, he is not actively involved in the business. The management team runs the day-to-day operations. There is an opportunity to grow the business through the acquisition of additional pharmacies. The owner enjoys this part of the business and has been successful at it. He has identified 26 pharmacies in several states, with annual revenue totaling $55MM, that he has determined are good acquisition candidates. The owner would be interested in remaining with the Company with the right buyer that wants to pursue a strategy of expansion via acquisition. The full management team would like to remain and be a part of the Company's future.
Property Features and Assets:
There are four pharmacies, two of which are owned and two of which are leased. The owner is flexible regarding the two Company owned buildings and land, and would consider a sale or a lease.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
« Previous Results »
« New Search »
To contact the seller of this specific business for sale please complete and
submit the following form.
| Please provide any additional
details: |
|
* Indicates required field.