Active
Established Pharmacy Franchise for Sale - Own Health and Wealth!
This pharmacy is a leading supplier in the local community and is dedicated to improving health outcomes through innovative and high-quality medications. Founded in 2000, the company has grown to become a trusted name, renowned for its commitment to speedy delivery and customer care. The pharmacy currently has concrete contracts in place to maintain supply and inventory.
Market Presence:
With a robust distribution network, it has a significant presence throughout the whole city. It has established strategic collaborations with healthcare provider and wholesalers to ensure widespread availability of its products.
Operating Hours - M-F 9:30-5:00. Closed on weekends.
Recently renovated 2100 sq ft
No Methadone
No Compounding
Month over month increases:
-Rx revenue will cross over $800,000 by calendar year end
-POS sales will also cross over $800,000 by calendar year end
-Rx count over 11,000/year
-Professional allowances (McKesson/Drug Trading) currently $75,000 annually
*Above based upon current trends of initial return to work, which only partially began in July but is now ramping up as of September (Moneris now requires 3 days/week as an example).
Last 12 months:
-Rx $774,000
-Front shop $740,000
-Allowances $75,000
Total revenue past 12 months: $1,589,000
*All financials reported are CAD
*IMPORTANT NOTE TO ALL BUYERS: To own a pharmacy in Canada, you must be a licensed pharmacist or have a partner who is a licensed pharmacist but they must be 51%/majority owner.
Listed By: Omar Kettani
Market Presence:
With a robust distribution network, it has a significant presence throughout the whole city. It has established strategic collaborations with healthcare provider and wholesalers to ensure widespread availability of its products.
Operating Hours - M-F 9:30-5:00. Closed on weekends.
Recently renovated 2100 sq ft
No Methadone
No Compounding
Month over month increases:
-Rx revenue will cross over $800,000 by calendar year end
-POS sales will also cross over $800,000 by calendar year end
-Rx count over 11,000/year
-Professional allowances (McKesson/Drug Trading) currently $75,000 annually
*Above based upon current trends of initial return to work, which only partially began in July but is now ramping up as of September (Moneris now requires 3 days/week as an example).
Last 12 months:
-Rx $774,000
-Front shop $740,000
-Allowances $75,000
Total revenue past 12 months: $1,589,000
*All financials reported are CAD
*IMPORTANT NOTE TO ALL BUYERS: To own a pharmacy in Canada, you must be a licensed pharmacist or have a partner who is a licensed pharmacist but they must be 51%/majority owner.
Ad#:2257646
Listed By: Omar Kettani
Background information
Reference:
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Year established:
2013
Reason selling:
Moving on to new career
Finance
Sales:
$1,589,000
Operations
Employees:
7
Equipment:
N/A
Inventory:
Included in asking price
Premises
Facility:
Full Staff with multiple full-time pharmacies and full-time technicians, Inventory, Customer Relationship System, and Marketing Included with Business. Rental Space is part of a larger building with many amenities, including other well-known franchise restaurants, banks, and fitness center.
Rent and lease terms:
N/A
Opportunities
Growth:
The location of the pharmacy makes it a prime starting point to begin establishing elsewhere in the city. Opportunities have been investigated and shown much promise for the correct amount of capital.
Price and terms
Price:
$1,100,000
Financing:
Debt and/or Cash
Training:
Owner will stay on for 3 months to train.