Pharmacy in Orange County for Sale |
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Business Summary:
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Centrally located, this beautifully built store has been in business for over 3 years. The owner is willing to stay on as a consultant and/or pharmacist which will insure a smooth transition to the buyer. This well run pharmacy did $1,020,000 a year in sales in 2021 ($287,000 in the 4th Quarter of 2021 so on pace to do $1,200,000 in 2022). Script count is 250-275 a week. The store is 75% delivery. The majority of the delivery started during the pandemic and most customers just decided to keep going with delivery for convenience. Most deliveries are within a 3 mile radius and the owner does all the deliveries herself.
An existing independent pharmacy in Orange County could simply buy the delivery files and start to service the customers out of their existing location so they do not incur the added rent and labor expense of another pharmacy. Delivery could be increased by the seller to 100% under this scenario. This also bypasses getting a new pharmacy license and waiting on the BOP to issue the license. |
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Listing ID:
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MD-22025296-20
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Location:
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Orange County
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Type of Business:
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Pharmacy
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Asking Price:
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$195,000 plus inventory
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Gross Income:
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$1,020,000
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Cash Flow:
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$ 85,000
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Inventory:
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$ 30,000
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FF&E:
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Year Established:
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2018
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# of Employees:
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1 F/T
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Facilities / Lease Terms:
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Nicely Built out Retail Pharmacy in a small retail shopping center
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Real Estate:
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Leased: 1,100 square foot space paying $3,400 a month which includes NNN. Lease expires in July 2022 but the owner has 2 five year options.
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Growth Opportunity:
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Competition:
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A couple independents and chains in the area
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Financing:
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Support & Training:
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Reason for Selling:
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Seller wants to spend more time with family and is looking for qualified buyer that will take pride in maintaining the integrity and reputation that has been established.
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Broker Contact:
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Mark Dobbins - Hayslip & Zost Pharmacy Brokers
Office: 619-370-9346 Fax: 877-334-0642 E-mail: Mark@AdvancedBusinessAdvisorsLLC.com |
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*The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility.
Above information is subject to change and/or correction and should not be considered binding.
