Pharmacy / Class A Medical Building

Reference Code 0605

This is a great opportunity to own a long-established, high-volume Pharmacy located right at the main entrance of a very busy, Class A Medical Building in Oakland County. Established 2012, there are over 12+ prescribers in the medical building along with 20 exclusive specialty providers in the surrounding areas that use this pharmacy for all their client needs. All computers, POS system, counters, fixtures and displays are in “like-new” condition! Nice retail lobby area that is not being utilized and should offer sundry and OTC products! Current owner does no advertising…A new owner/operator with some creative advertising/marketing along with offering mail orders, adding a website, deliveries, expanding the hours, adding sundry, retail, gifts and OTC items, you have HUGE potential. Location alone is a home run! A must see/must have business that will not last long. Turn-key operation only needing a new owner/operator!
*All insurances and licenses are current and in good standing with the State of Michigan

Business Location Oakland County, MI

Gross Sales $2,440,655 Cash Flow $300,000+ Business Price $949,000 Down Payment $300,000 Monthly Payment $7,874.16 Interest Rate / Amortization 8% int., amortized over 120 months, balloon due in 60 months License Required Sales, Pharmacy Inventory Value $150k-$200k Employees Full Time 1 Owner Employees Part Time 2 Date Established 2012 Hours of Operation Mon-Fri 9:30am-6pm Rent $3,000 Gross Lease Period New Lease Required Reason for Sale Retirement