South East Suburb of Melbourne Pharmacy & Post Office
A rare opportunity to find a strip Pharmacy and Post Office for sale.
Sales around $1,200,000 with strong GP of 35% and very low rent being under 2.65% of sales.
Very easy to operate and has been managed for many years providing the opportunity to improve the pharmacy as an owner operated the business.
No nursing homes or methadone, however in my opinion methadone should be introduced and add significant income to the business.
The Pharmacy is independent and unbranded. A low-cost brand would improve the pharmacies image and provide some marketing that is currently not being done.
The pharmacy is QCCP but not taking full advantage of this income stream.
The price is firm as the adjusted net profit is very good due to low overheads combined with the ability to improve this pharmacy.
Asking price $1,240,000 for Goodwill and Fittings and stock at $80,000. Total price $1,320,000
Contact John King at john.king@pharmacysales.com.au or on 0418 383 664.
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375188
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Under Contract
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$1,320,000
Interested in this Pharmacy?
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