For Sale: Established Woodland Hills Pharmacy - 17
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Sold
Background
| BizEx ID: | BizEx522-TP |
|---|---|
| General Location: | Woodland Hills, CA |
| Category: |
Medical Products & Supplies Pharmacies & Drug Stores |
| Years in Business: | 17 |
| Under Present Owner: | 17 |
| Hours of Operation: | M-F 9:30 - 6:00 |
| Owner Hours: | Daily |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | 8/2015 |
| Lease Options: | At least 1 renewable option. |
| Building Size: | 1,000 |
| Employees: | 3 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $650,000 |
|---|---|
| Down Payment: | $650,000 |
| Gross Sales: | $1,117,106 |
| Discretionary Cash Flow: | $226,884 |
| FF&E: | $20,000 |
| Inventory Included? | |
| Inventory: | $50,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $2,170 |
| Payroll: | $10 |
| Financing: | None |
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Gross Sales | $ 1,150,747 | $ 1,105,133 | $ 1,117,106 |
| Gross Profit | $ 294,325 | $ 318,801 | $ 343,518 |
| Disc. Earnings | $ 172,278 | $ 198,000 | $ 226,884 |
