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Businesses For Sale   >>   Hallmark Businesses For Sale   

Retail Pharmaceuticals, Plus Sundries & Gifts

Location  Washington,United States
Asking Price Range  $250K - $500K
Gross Revenues  $780000
Net Profit / Cash Flow  $176000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1908
Number of Employees  1 - 3
Inventory  130000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Training  Staff has been with business for over a decade and prefers to stay on. They are well trained and very knowledgeable.
Reason for Sale  Approaching retirement.

Description  
This is a very profitable pharmacy located in a small town in the gorgeous state of 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 local ski areas, an international warm water lake, and activities such as biking, hiking, camping, hunting, boating and fishing. 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. The building is 5000 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. The storage space is currently not fully utilized most products are kept on the shelf. There is a basement that could be finished and used. The property is owned with the option to lease or buy. Asking $475,000. 80% repeat clientele.


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