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Established Main Road Pharmacy In Miri Sarawak For Sale

Sarawak, Malaysia
Asking Price:
$56,000 (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Established Main Road Pharmacy for Sale Miri, Sarawak

• Business: Pharmacy
• Location: Miri, Sarawak, Malaysia
• Features: Located on the ground level of a main road in Miri, Sarawak, this 74m2 retail shop is a fully operational pharmacy. Trading in this location for around 20 years, it is very well-known and has a significant established clientele. The current owner has been the resident pharmacist since April 2018. He is looking to move overseas and offers this business, staffed, operational, stocked and ready to continue trading. Current trading figures vary a lot depending upon the season, with average monthly revenue being up to MYR 130,000. On average, per month, the business produces around MYR 93,000 in sales and MYR 9,000 in net profit. Rent, staff wages and electricity costs are reasonable.

There is street parking available for customers and the location is very convenient to the UTC, police station and Yu Lan Plaza. It is also nearby government offices and other retail shopping venues. The pharmacy provides both wholesale and retail services and operates as most pharmacies do providing health checks and advice, over the counter pharmaceutical products, supplements, prescription medicines, etc. Stock is included in the asking price of this walk-in/walk-out offer. Stock value is typically around MYR 150,000. The current owner will also provide a period of transition assistance if required. To continue operating as a pharmacy, a buyer will need to hold the appropriate licenses as required by the government and applicable to pharmacies.

The business is operated within a company structure, but the company is not part of this sale offer. Financial records are available and may be viewed after Inspection And after completing a Non-Disclosure Agreement (NDA).
• Tenure: Leasehold 5 years
• Asking Price: MYR 250,000
• More Information: Please provide your name, phone number (with country code) and email address so we can contact you to assist

Property Information

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