Washington Retail Pharmaceuticals Plus Sundries & Gifts Business For Sale

Business description

This is a very profitable pharmacy located in a small town in the gorgeous state of Washington. If you're looking for an established business with no competition within 15 miles, in a small town, then look no further! They offer you stability in revenue and the reputation of being in business since 1908. The pharmacy carries prescriptions that are only available in the US, being close to the Canada border, Canadians occasionally come down to pick up these prescriptions.
The pharmacy started in 1908 and the previous owner's father bought it in 1940. Now the son has owned it for many years and wishes to retire. The real estate is included in the sale or if a new owner wishes, they may lease with an option to buy. They carry Hallmark products in store and are an authorized servicer for AT&T Cellular products and offer cell phone activation. The business is located in a desirable living area with local ski areas, an international warm water lake, and activities such as biking, hiking, camping, hunting, boating and fishing.
85% of the sales come from retail pharmaceutics, the other 15% comes from sundries and retail gifts. Such as cards, glassware, cosmetics, trends, candles, ceramics, toiletries and more.
All Equipment and inventory included in the asking price in good condition.

Property information

Real Estate:

Real Property Included

Premises details:

The building is 5000 sf and was built in the 1920s currently in good overall condition and is in a high traffic area. There is space upstairs of approximately 500 sf that could be used for office or storage. There is an additional 400 sf in the back used for storage and prescriptions. There are also bathrooms in the store. The storage space is currently not fully utilized most products are kept on the shelf. There is a basement that could be finished and used. The property is owned with the option to lease or buy.

Other information

Expansion potential:

Adding new lines such as hardware, housewares, etc., would add to additional profits for the business. Expansion or growth could be obtained by taking more insurance and Medicare Part D Plans.

Competition / Market:

Stability and reputation plus convenience keep the customers coming back. The customers like coming in because the staff is friendly and very knowledgeable.

Support & training:

Staff has been with business for over a decade and prefers to stay on. They are well trained and very knowledgeable.

Reasons for selling:

Retirement

Trading hours:

Days: Monday - Friday
Hours: 9:30am - 6:30pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

The owner is willing to consider up to 25% financing.

Furniture / Fixtures value:

$70,000 (included in the asking price)

Inventory / Stock value:

$130,000 (included in the asking price)