Pharmacy / Only 1 year old!

Detroit, MI (Wayne County)

Seller Financing Available
Pharmacy / Only 1 year old!

Asking Price:$199,970

Cash Flow:N/A

Gross Revenue:$640,000





*not included in asking price.

Pharmacy / Only 1 year old!

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Business Description

This is a great opportunity to own a newer (1 year old) Pharmacy in a historic district of Detroit, MI. The surrounding area is on a major revitalization of historic residential homes and commercial buildings. This 1400 sq ft Pharmacy is located on a highly traveled road with a huge traffic count that has been growing every month since opening. Also, next door is a large Skilled Nursing & Specialty Care facility that has a tremendous amount of opportunity for business. Currently, they do not offer any delivery services or service any buildings or institutions. This pharmacy is being run absentee and current owner does no advertising or marketing…a new owner/operator pharmacist should add some creative advertising/marketing along with extending the hours of operation, add retail items, durable medical equipment (DME) and deliveries. you have HUGE potential to this newer pharmacy. This is a turn key opportunity that will not last long! call Armen Nazarian @ 248-855-7753 or visit * Averaging around 1000 scripts per month (only 1 year old)

Detailed Information

Not included in asking price
2 FT
This is a great opportunity to own a newer (1 year old) Pharmacy in a historic district of Detroit, Michigan.
$199,970 with $80,000 down, 8% int., amortized over 60 months.
Support & Training:
Seller will train
Reason for Selling:
Seller has multiple businesses and operates this business completely absentee.

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Armen Nazarian

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Armen Nazarian

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