Established Pharmacy in Prime Downtown Venice Location for Sale
Price: $399,000
Location: Venice
Industry: Health and Personal Care Stores
Listing ID: 890700316
Listing Status: New
A thriving, independently owned pharmacy with 45 years of trusted service in the Venice community. Established in 1979, this pharmacy has a robust seasonal business, peaking in winter. Offering a wide range of prescription drugs, over-the-counter medications, medical equipment, and specialty compounding services, it caters to a diverse customer base.
Located in the heart of downtown Venice, next to two high-rise condo buildings, this 2000 sqft pharmacy enjoys a loyal clientele and minimal competition. With annual revenues of above $600K and a net profit of over $120k, it presents a solid investment opportunity. The property is owned outright, free of debts and regulatory issues.
Ideal for a pharmacist looking to step into a well-established business with growth potential. The owner is retiring but is willing to provide comprehensive training and support during the transition.
Contact us for more information and to request financial statements.
Down Payment: $399,000
Cash Flow: $120,000
EBIT: N/A
EBITDA: N/A
FFE: $25,000
FFE Included: Yes
Inventory: $50,000
Inventory Included: Yes
Year Established: 1979
Days & Hours of Operation: Mon - Sat 9 am - 5 pm
Owner Hours Per Week: 30
Managers: 0
Real Estate: $200,000
Real Estate Included:
Square Footage: 2000
Reason For Sale: Owner is retiring
Training & Support: 30 days, no cost