Pharmacy Franchise
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $2900000
Net Profit / Cash Flow $350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1957
Number of Employees 6 - 9
Inventory 50000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 4 weeks at 30 hours per week following close of escrow.
Reason for Sale Other business.
Description PRICE REDUCED for Fast Sale---Community Pharmacy established for over 50 years. This very profitable franchise pharmacy is located in the middle of a prosperous City in Santa Barbara County. Price is $700K plus about $150K worth of inventory. Year 2007 revenue is $242K/month and adjusted net profit of $29,200/month. Current Owner has it for over 6 years. The average RX count is 200/day. Compounding RXs account for 15% to 20% of the revenue. Pharmacy has Medi-Cal and Medicare Provider #s and a very stable clientele base. Rent for this 2400 sq. ft facility is $5,700 NNN. The Business is pre-approved for a loan. Only California Registered pharmacists please! Email or contact Rashid Khalid at (818) 342-5222 ext 324 for more information on this Pharmacy franchise for sale.
Click Here To Contact Seller
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