Drug Store in Busy Shopping Center in Fairfield County for Sale

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Asking Price:
$595,000

Gross Revenue:
$2,750,000
Cash Flow:
$150,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$400,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

State of the Art Drug Store located in an affluent community in Fairfield County Connecticut is for sale that is experiencing explosive growth. Many times businesses advertise that tremendous potential exists but in this case it has been a proven fact. They have increased their revenue last year by 53% and are projected to increase their sales by 49% this year. This pharmacy is located in the heart of the shopping district in a busy shopping center that has plenty of neighborhood stores including a supermarket, banks, cleaners, hair salons etc. They have a beautiful store with an excellent selection of upscale front merchandise which can be easily expanded. The pharmacy has excellent short hours for a drug store and with a more aggressive owner sales revenue could propel to over $6 Million Dollars. This is a rare opportunity to own an independent pharmacy in Southern Connecticut that has incredible demographics, a long term lease and unlimited potential that is priced to sell at $595,000 plus Inventory of approximately $350,000. If interested in this opportunity please inquire about listing number 11833.

About the Business

Year Established:
2010
Number of Employees:
8
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Listing Info

ID:
1392362
Ad Detail Views:
512

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Business Listed by

Ken Stein

The Kensington Company

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U.S. Census Data for Connecticut
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Connecticut
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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