Inner Eastern Branded Pharmacy with Six plus Doctors & Great Retail!
A great combination of a Branded OTC sales combined with a bulk billing medical centre located in the highly sort after inner eastern suburbs of Melbourne is a rare opportunity in today’s market.
After a long-term hold, the Vendor has decided to focus on his other pharmacies and wind back a bit as staffing manager run pharmacies have become challenging providing a great oppportunity for the next owners.
With excellent sales of $2.7m approximately supported by a very health GP base from excellent OTC sales and impresive script numbers providing a sound gross profit. This is supported again by a long Lease and long sub lease for the doctors. As the doctors pay approximately $75,000 rent pa the pharmacy rental has excellent sales to rent ratios of approximately 6%.
As an owner operator you can reduce the current wages that are higher than required as the pharmacy is mainly run under management with the current Vendor dropping into the business as required.
The sale is also supported by a current transferable valuation to support Purchaser financing and reduce lengthy time wasting in the process. Purchaser will need to demonstrate their ability to purchase this pharmacy.
Offers considered above:
Goodwill: $2,252,000
Fixtures & fittings: $148,000
Stock: $300,000
Total: $2,600,000+
Contact John King at john.king@pharmacysales.com.au or on 0418 383 664.
Interested in this Pharmacy?
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