Premier Pharmaceutical Distribution Company

North Hollywood, CA (Los Angeles County)

Seller Financing Available
Premier Pharmaceutical Distribution Company
Contact Seller

Asking Price: Get Financing: $1,500,000

Cash Flow: $200,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: $80,000

Inventory: $70,000

Lease Rate: $1.22 /SF/Month

Established: 2017

Premier Pharmaceutical Distribution Company

Get Financing Save Print Share Valuation Report

Business Description

This newly established pharmacy wholesale company has been in business for just over 12 months and recently received their certification from the California Board of Pharmacy. Designated Seller Permit and fully running website with tracking software included in sale.

Over the last twelve months the Company has secured 125+ new accounts with gross sales of almost 1 million dollars and a net income of almost $200,000.

Projected Gross Sales for next 12 months is over 3 million dollars with a projected net
income of $550,000.

As a professional healthcare partner, the Company’s mission focuses heavily on
maintaining a high level of customer service. This includes the Company’s:

• Low cost structure
• Accurate and reliable distribution network
• Strength in high fill rates through aggressive inventory control and buying
• Rapid, dependable, and timely delivery system
• Immediate personal response for all individual needs from entire corporate staff
• State-of-the-art computer systems, user friendly website, easy to manage
back end system with proprietary tracking software

As you look closer at this offer memorandum, we are confident that whether you are a Pharmacy Buyer looking to enhance your bottom line or a manufacturer seeking new distribution channels, you will find value and opportunities by purchasing this business.

Call Rafael Gevorkian, JohnHart Real Estate, 818-825-1817 for the NDA.

Financial Statements and Tax Returns will be gladly presented to qualified buyers during due diligence. Proof of funds is required.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
3/31/2021
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company is a wholesale distributor for independent pharmacies and medical clinics, carrying a full line of oral tablets, capsules, oral solutions, suspensions, injectables, topical's and refrigerated products. The Company also manufactures and distributes plastic vials, plastic pill bottles, prescription vials, plastic syrup bottles and other supplies to Pharmacies, Veterinarians and Medical clinics. The companies online supply store also stocks other packaging and dispensing items. Customers can order from a knowledgeable, dedicated Account Specialist, or they can order on-line 24/7 from Company’s Website. All orders are shipped the same day for next day delivery, and they offer the most liberal payment terms in the industry. The Company knows that their customer's satisfaction is the key to their success.
Competition:
The Company offers over 15 thousand sku’s of Rx Packaging Supplies, OTC/HBC products, generic pharmaceuticals and medical products, to more than 250 Pharmacies throughout all of California. All transactions are tracked by lot numbers from the time they enter the warehouse until the time they are delivered to the customers. This protocol is compliant with both PDMA and FDA guidelines. The Company fully complies with all relevant provisions of the Drug Supply Chain Security Act (DSCSA).
Growth & Expansion:
Projected Gross Sales for next 12 months is over 3 million dollars with a projected net income of $550,000.
Support & Training:
Owner will stay on as a consultant and train the new owner to insure new owner gets the Designated Seller Permit in their name.
Reason for Selling:
Other Interests
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Rafael Gevorkian

Business Listed By:
Rafael Gevorkian

JohnHart Real Estate

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1565135 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings