This business has been in operation in the same city under the same ownership and in the same location since 1991! The business and real estate are to be purchased together. This is THE ONLY SHOW IN TOWN! The only competition is a Wal-Mart pharmacy, which no longer is a real threat to the customer base of this business. This business has ingrained itself in the community as the place to go in town for pharmacy-related needs. This business also thrives in selling gifts, gift cards, pottery, other gift related items, has a bridal registry used by EVERYBODY in town and attracts customers from a 20 mile radius around town. In the past, the business served upscale deli food in conjunction with possessing a soda fountain counter and service which quickly became a town favorite and was VERY profitable. This operation was discontinued at the end of 2016, but could easily be restarted by a new owner. This business has averaged over $2.15 MILLION IN REVENUE over the last three years!! Revenue in 2016 was $2,253,048! This is a Cash Cow operation, with the Cash Flow averaging over $220,000 each year! Since 2014 the business has experienced 19% growth. Limited competition allows for continued high cash flows and revenues. The business has a DIVERSE revenue stream with a STRONG retail element to its operation. Further growth could be realized by staying open on the weekends, as the business currently is only open Monday – Friday from 8 am – 5:30 pm. The reason for selling is the owners wish to retire.
Asking Price: $1,373,821
Seller’s Discretionary Earnings: $209,872
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