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Pharmaceutical

Pharmacy / Class A Medical Building / MAJOR PRICE REDUCTION!!

Oakland County, MI, USA
Updated 1 day ago
Established 2012

This is a great opportunity to own a long-established, high-volume Pharmacy located right at the main entrance of a very busy, Class A Medical Building in Oakland County. Established 2012, there are over 12+ prescribers in the medical building along with 20 exclusive specialty providers in the surrounding areas that use this pharmacy for all their client needs. All computers, POS system, counters, fixtures and displays are in “like-new” condition! Nice retail lobby area that is not being utilized and should offer sundry and OTC products! Current owner does no advertising…A new owner/operator with some creative advertising/marketing along with offering mail orders, adding a website, deliveries, expanding the hours, adding sundry, retail, gifts and OTC items, you have HUGE potential. Location alone is a home run! A must see/must have business that will not last long. Turn-key operation only needing a new owner/operator! *All insurances and licenses are current and in good standing with the State of Michigan

Rent

$3,000 Gross

Down Payment

$300,000

Lease Period

New Lease Required

Reference Code

0605

Inventory Value

$150k-$200k

Monthly Payment

$4,234.33

License Required

Sales, Pharmacy

Hours Of Operation

Mon-Fri 9:30am-6pm

Employees Full Time

1 Owner

Employees Part Time

2

Interest Rate / Amortization

8% int., amortized over 120 months, balloon due in 60 months

Reason for Selling

Retirement

Financials

Asking Price
$649K
RevenueMost Recent Year
$2.4M
Earnings (SDE)Last Reported
$300K
Assets Value
Undisclosed
Seller Financing
Not available

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