Queens Pharmacy-Absentee-Short Hrs.-27974

Queens County, NY

Queens Pharmacy-Absentee-Short Hrs.-27974

Asking Price:$170,000

Cash Flow:$55,453

Gross Revenue:$800,000

EBITDA:N/A

FF&E:$75,000

Inventory:$70,000*

Established:N/A

*not included in asking price.

Queens Pharmacy-Absentee-Short Hrs.-27974

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Business Description

Queens Pharmacy - Absentee - Short Hrs! Located on a Prime Corner, this is an A Plus location right on the Queens/Nassau border. THEY OFFER A 10 YR LEASE AT ONLY $2,500/MTH. This is populated and safe area of Queens. The current owner runs the pharmacy on an absentee basis. He has had the store for 5 years, but is selling due to a severe illness of a family member. This is ideal for an owner/operator. They currently average 40 scripts/day, but that grows daily. THEY ARE ONLY OPEN 6 DAYS/WK (M - FRI 10am-6pm, SAT. 11am-3pm, Closed SUN). They have a 900 sq. ft space with a full 900 sq. ft basement. They offer a full pharmacy department as well as some general convenience items. THEY HAVE NO LOTTO, ATM, WESTERN UNION, PHONE CARDS, BUS CARDS. These all should be added immediately. In the past 12 months the business grossed approx. $800,000.00 with a Net Income of approx. $55,000.00. We are looking for a serious and qualified business operator or pharmacist with at least $240K in liquid funds (to cover the purchase price and inventory of approx. $70K). If you fit the criteria, please call 1-877-735-5224 for further information or please refer to the Confidentiality Agreement below.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
170,000.00 Down & Plus Inventory of approx. $70K
Support & Training:
The seller will train the new owner.
Reason for Selling:
Family health issue.

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