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Retail Pharmacy, Plus Sundries & Gifts For Sale
Location Washington,United States
Asking Price Range $500K - $1.0M
Gross Revenues $950000
Net Profit / Cash Flow $190000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1908
Number of Employees 4 - 5
Inventory $260000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Owned
Training The owner is available for a reasonable transitioning period.
Reason for Sale Retirement.
Description This is a very profitable pharmacy located in a small town in Washington. If you're looking for an established business with no competition within 15 miles, in a small town, then look no further! They offer you stability in revenue and the reputation of being in business since 1908. The pharmacy carries prescriptions that are only available in the us, being close to the Canada border, Canadians occasionally come down to pick up these prescriptions.
The pharmacy started in 1908 and the previous owner's father bought it in 1940. Now the son has owned it for many years and wishes to retire. The real estate is included in the sale or if a new owner wishes, they may lease with an option to buy. They carry hallmark products in store and are an authorized servicer for at&t cellular products and offer cell phone activation. The business is located in a desirable living area with plenty of recreational activities.
85% of the sales come from retail pharmaceutics, the other 15% comes from sundries and retail gifts. Such as cards, glassware, cosmetics, trends, candles, ceramics, toiletries and more.
All equipment and inventory included in the asking price in good condition.
Adding new lines such as hardware, housewares, etc., would add to additional profits for the business. Expansion or growth could be obtained by taking more insurance and medicare part d plans.
The building is 5,000 sf and was built in the 1920s currently in good overall condition and is in a high traffic area. There is space upstairs of approximately 500 sf that could be used for office or storage. There is an additional 400 sf in the back used for storage and prescriptions. There are also bathrooms in the store.
Asking $800,000, property is included, 25% financing is available. Contact for more information on this pharmacy for sale.
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