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Profitable Long Time Pharmacy

Portland, Oregon (Multnomah County)

Services - Health, Medical & Dental | Retail - Miscellaneous Retail

Asking Price $750,000 Inventory $150,000* 
Gross Income $2,850,280 Real Estate  
Cash Flow $260,060 Year Established 1981
FF&E $80,000* Employees 5

* included in the asking price

** not included in the asking price

A pharmacy is the health profession that links the health sciences with the chemical sciences, and it is charged with ensuring the safe and effective use of medication. The scope of pharmacy practice includes more traditional roles such as compounding and dispensing medications, and it also includes more modern services related to patient care, including clinical services, reviewing medications for safety and efficacy, and providing drug information. Pharmacists, therefore, are the experts on drug therapy and are the primary health professionals who optimize medication use to provide patients with positive health outcomes. The term is also applied to an establishment used for such purposes. The first pharmacy in Europe (still working) was opened in 1241 in Trier, Germany. The Company, which is a C Corporation, was purchased from the original owners in 1981. The owners took the business from losing money to being very profitable the very first year of operation. They have built a team that services their customer. The owners are very proud of what they have accomplished with no business schooling just good common sense.

Facilities: The facility is currently on a month to month lease, although the landlord would prefer a long term lease. The current lease is approximately $2,600 per month.

Growth/Expansion: The Company has grown through a monthly advertising program and a strong doctor s referral network. The owners have identified 4 different merchandising and marketing programs, within the offering memorandum. The owners believe if some of these ideas were executed that the new business owner would reap great rewards.

Financing: SBA Approved

Support/Training: 30 days training

Reason Selling: Seller is at retirement age.

Business listed by

Bill Billingsley

503-233-8600


The CBB Group


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