Over 300 Pharmacies Sold

MI-8

Western Michigan - A long-established (30 years in this location) full line pharmacy located in Muskegon county, in a small town 20 miles east of Muskegon. This store serves a trading area of 2,500 people, has no local competition whatsoever, the nearest pharmacy being more than ten miles away. Reported sales as of 12/31/10 were $1.76MM, gross profit of 22%++. The store is currently filling 32,000 Rxs annually. It is open from 9am - 7pm Monday through Friday, 9am - 3pm on Saturday, closed Sundays and all holidays. 56 hours weekly. It occupies a 5,000 sq. ft. free standing building, has ample customer parking on site. The pharmacy owner owns the building as well, will provide a long term lease at reasonable rent or sell the property if a buyer wishes to acquire it. This is an opportunity for a young pharmacist to purchase a well established and profitable business in a pleasant suburban marketplace. There is the opportunity to earn a reasonable living while paying down debt. There are no doubt specialty opportunities in this market that can be explored and developed by a new, motivated owner with some marketing skills.

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