This well-established pharmacy is an easy commute of approximately 25 minutes from most of South-eastern Melbourne and is the only pharmacy in its suburb. It is supported by three doctors that own the practice and two of these doctors own the building. Also another doctor close by so 4 doctors in total.
The Vendor is selling to focus more on his other pharmacy not located in the area and provide himself a bit more time away from the business.
The pharmacy enjoys:
Sale above 1,090,000
GP 46%+ strong medical centre pharmacy
Rent Below 3% of sales
Good Lease 5+5+5
Asking price in total $1,550,000 including stock of $96,000
ROI 20% Approximately. Based on adjusted profit above $315,000 after paying a pharmacist $110,000
This will sell fast so do not hesitate and contact John King at John.firstname.lastname@example.org or on 0418383664