Location: NSW Central Coast
Reference: #2510
Price: $2.55M
DETAILS:
This opportunity is a great return on investment! You will only be paying a very low multiplier on earnings for this business, and your investment will be fully paid off in just over four (4) years!
This profitable community strip pharmacy is located on the NSW Central Coast, close to Sydney and Newcastle, specialising in the provision of pharmacy services to aged care facilities, group homes and the aged & disabled in the community. Solid contracts are in place with all five Nursing Homes serviced by this pharmacy.
With very reliable and consistent turnover of $3.3m per year, the business trades 5½ days per week. Rent is low at 2.2% with lease tenure available until 2030, and the property boasts a large easily accessible private car park.
The nursing home trade through this business currently represents around 68% of Script sales, and approximately 48% of total Turnover. Hence there is ample opportunity to grow the business further from this very solid base.
The location has close proximity to close to lakes, beaches, holiday destinations, and offers a nice and relaxed coastal lifestyle.
Please email Prue on prue@pharmacysolutions.com.au for a Confidentiality Agreement.
BUSINESS BROKERS
Mike Hadaway
Mobile: 0437 782 902
Email: mike@pharmacysolutions.com.au