Buy a Pharmacies/Retail Business in Queens County, New York

Business: Buy a Pharmacies/Retail Business
County, State: Queens County, New York
Business Type: Pharmacies, Retail

Summary Description

This is a golden opportunity for an enterprising young pharmacist who is interested in owning and operating his/her own pharmacy. The business is 6 months in operation and is in process of ramping up. It is very important to note that the owner is not a pharmacist and runs the business in absentia. Located in Queens, it is impossible to imagine a retail store with a better location. Pedestrian traffic is intense on this major thoroughfare with mass transit all around the site. The store has an 11 year lease which carries a monthly rent with a huge discount to the market in that specific area. In other words, the rent is very cheap!! With such an inexpensive asking price this has to be seen to be appreciated.

About the Sale

Asking price:$140,000 (USD)

Financing:$70,000 down and 70,000 @ 7% over 30 months

Total Revenues:$520,000 (USD)

Cash Flow:$55,200 (USD)

Reason Selling:Other Interests

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.