Pharmacy On KZN South Coast For Sale

Business description

Excellent position. with Alpha Pharm identification. sale price of R500k includes fixtures fittings delivery vehicle and debtors including medical aids. price excludes stock. Business established by owner in 1983. owner now wishes to retire from community pharmacy. area is populated by mainly retired persons. there is excellent seasonal trade. there is no opposition pharmacie within a 10km radius. no corporate pharmacies within 30km. annual gross profit of R700k+

Franchise terms

R1000 per month payable to Alpha Pharm as a marketing fee

Property information

Real Estate:

Lease

Lease terms:

subject to negotiation with landlord

Leasehold rent:

R4500 per month per annum

Location:

Southport shopping centre with superette, filling station and various small bussinesses. area is mainly residential with a retirement home, frail care centre, caravan parks, B and B establishments and holiday homes.

Premises details:

+- 150sq/m next to post office. Building is 6 years old and has excellent visibility from traffic light intersection on South Coast road between Hibberdene and Port Shepstone.

Other information

Expansion potential:

area is a popular retirement and holiday area. Future growth is inevitable.

Competition / Market:

There is no competition within 10km

Support & training:

Support and training will be provided for a month after takeover.

Reasons for selling:

wish to retire from community pharmacy

Trading hours:

8.30 am to 5.30 pm weekdays. 8.00am to 1pm saturdays
open on seasonal public holidays from 9am to 12 noon

Furniture / Fixtures value:

R150,000

Inventory / Stock value:

R250,000