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Medical Arts & Natural Product Business

Central, Connecticut

Retail - Miscellaneous Retail

Asking Price $210,000 Inventory $40,000* 
Gross Income $288,230 Real Estate  
Cash Flow $73,850 Year Established 1989
FF&E $10,000* Employees N/A

* included in the asking price

** not included in the asking price

This Medical Arts & Natural Product business is situated in an ideal location - in a medical office-building lobby, and surrounded by 10 more medical office buildings. Business has excellent profit margin, and limited hours of operation. Current owner owns the property, and he would provide a reasonable lease with an option to purchase property in future as well. Owner will also finance up to 100,000 to a well qualified buyer. Previously, owner has run the business as pharmacy in conjunction with the natural product business. So, the new owner can also add pharmacy business, and may grow net profit.

Facilities: The business runs through a 1000 sq ft facility.Owner owns the real estate, and he would provide the lease for $22 NNN. Total common charges for the facility are $4000 per year. There is a option to buy the real estate as well.

Competition: Due to location of this business, it does not require any active marketing.

Growth/Expansion: The location brings you a steady customer base that is in need of health care products. So Buyer may expand current business by adding medical equipment business, and/or recommencing the pharmacy business.

Financing: Owner will finance 100,000 for 3 yrs @ 8%

Support/Training: Owner will provide support & Training for 60 days.

Reason Selling: Owner Retirement

AD # 341449

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