Pharmacy Chain
Seller Financing Available
Asking Price:   $2,800,000Inventory:   $700,000 ++
Gross Revenue:   $7,500,000 (comments below)Real Estate:   $800,000 **
Cash Flow:   $700,000 (comments below)FF&E:   $400,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: 2007
Cash Flow Comments: ebitda
The Company is an operator of 4 independent full service professional pharmacies located in the Southern US. The stores, each well established in their respective communities, were acquired in 4 separate transactions over the last 10 years since the Company s founding. The Company s focus is excellence in customer service. The owner runs the Company on an absentee basis. With the exception of identifying and coordinating the acquisition of pharmacies, he is not actively involved in the business. The management team runs the day-to-day operations. There is an opportunity to grow the business through the acquisition of additional pharmacies. The owner enjoys this part of the business and has been successful at it. He has identified 26 pharmacies in several states, with annual revenue totaling $55MM, that he has determined are good acquisition candidates. The owner would be interested in remaining with the Company with the right buyer that wants to pursue a strategy of expansion via acquisition. The full management team would like to remain and be a part of the Company's future.
About the Business
Year Established:1998
Employees:17 full time -
Facilities:There are four pharmacies, two of which are owned and two of which are leased. The owner is flexible regarding the two Company owned buildings and land, and would consider a sale or a lease.
Market Outlook and Competition:Despite the aggressive acquisition activities and big box development efforts of the large chains, approximately half of the market remains comprised of independent pharmacies. Independent operators have aggressively added additional service offerings and sought to cement key relationships within their communities and customer bases, positioning themselves as knowledgeable and service oriented alternatives.
About the Sale
Reason For Selling:To gain liquidity and to enable the Company to realize its full potential.
Seller Financing:Creative proposals will be considered.

KEYWORDS: Pharmacy, assisted living facility, group homes, drug store


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Business Listed By
Dave Green  |  National Business Search
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Industry: Health and Medical
Segment: Pharmacy

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