Pharmacy For Sale - North Carolina, NC

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PROFILE: Well Established, High Volume Pharmacy Is Centrally Located In Affluent Area.

AD/LISTING INFORMATION
Status: Off The Market
State: North Carolina
Location: North Carolina
County: None Given
City: None Given
Primary Category: Retail Related
Alternate Category:   None Given
  
 
 
 
 
 
 
  

FINANCIAL INFORMATION
Asking Price: $4,900,000
Down Payment: $4,900,000
Annual Revenue: $11,354,000
Annual Adjusted Net: $1,034,000
   
Price Range: $1 Million +
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: No

DESCRIPTION: This Well Established, High Volume Pharmacy Is Centrally Located In An Affluent, Highly Populated Recreational And Retirement Community Of North Carolina. The Pharmacy Is Located In A Free Standing Building, With Drive Thru Window, Free Prescription Delivery And Caring Customer Service, Which Has Resulted In A Very Loyal Customer Base. The Pharmacy Has Been Exceptionally Successful, And Its Revenue Has Grown From $7,910 Million In 2002 To $11,346 Million In 2006, An Increase Of $3,436 Million Or 43%. Prescription Drug Sales Represented 86% Of The Total Revenue In 2006. An Average Of Approximately 587 Prescriptions Are Filled Daily, Of Which Almost Half Are Filled With The Aide Of A Leased Robot. The Pharmacy Has Been Consistently Profitable, And The Seller’s Discretionary Cash Of $1,034,000 In 2006 Is An Exceptional 9.1% Of Sales. The Owner/Pharmacist Will Be Retiring, But Is Available For An Orderly Transition, And Will Continue To Work As A Pharmacist Until The Position Is Filled. The Selling Price Includes Inventory Of $614,000, Accounts Receivable Of $855,000, And Store Fixtures, Photo Development Equipment And Two Delivery Vehicles.

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