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Established Pharmacy with Valuable Insurance Contracts

PharmacySold in Mobile, AlabamaEst. 19583 employees

This business has been sold. The listing is no longer available. Browse similar businesses.

Established Pharmacy with Valuable Insurance Contracts
Sold

$575,000

Sold
Asking price
  • Established 10+ years

    A track record buyers and lenders tend to trust.

About this business

This long-standing pharmacy, established in 1958, is a trusted community fixture with deep roots and loyal customers. Located on a major road, it offers excellent visibility and accessibility. It's a turnkey opportunity, perfect for a new pharmacist or an expanding group, providing immediate access to valuable insurance contracts. The current owner is ready to retire, making this a unique chance to take over a well-run operation. Learn more about this essential local business.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$575,000
  • Annual Revenue$3,000,000
0.2×
Price to revenue
Approx. Inventory Value
$150,000

Details

1958
Established · 68 yrs
3
Employees
40
Owner hours per week
Pharmacy
Business type
Leased
Premises

Financing & transition

Seller financing
No
Training after the sale
No

Property & lease

Premises
Leased
Rent (monthly)
$2,500
Lease Renewable
No
Lease Negotiable
No

Where it is · Mobile, Alabama

Approximate location. The exact address is shared once you connect with the broker.

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