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Profitable Pharmacy Seeking Loan in New York City, USA

Retail and compounding pharmacy business serving Medicare and Medicaid patients in NYC, seeking funding.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 600 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 17 %
Industries Pharmacies
Locations  New York City
Local Time 9:39 AM America / Nipigon
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 250 thousand for 8.0% annual interest, 5 years (Native Currency: USD 250,000)
Reason: We want to acquire a latch-on acquisition before the end of the year. We want to expand to medical s... View More
Collateral Available: USD 0
Includes physical assets worth USD 800 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Leadership
Business Overview
- Established pharmacy retail in New York City.
- Handles an impressive volume of 150-200 prescriptions daily, translating to over 50,000 prescriptions annually.
- Consistent monthly revenue of approximately $50,000, demonstrating stable financial performance.
- Offers specialized compounding services for dermatology patients, enhancing service differentiation.
- Licensed by the U. S. State Board of Pharmacy and possesses necessary drug licenses, ensuring compliance and credibility.
- Outsourced logistics and flexible employment strategy with temporary staff hired on demand in addition to 6 permanent employees.
Products & Services Overview
- Extensive product range including pharmaceuticals, over-the-counter healthcare products, and medical equipment.
- Medicare and Medicaid patients in New York City form the primary customer base.
Assets Overview
Physical assets mainly include inventory which is about 80% in addition to prescription files, computers and pharmaceutical equipment.
Facilities Overview
Operating from an 800 square feet rented retail facility with a basement storage, located in Corona, NY.
Capitalization Overview
We have an outstanding SBA 7A loan for approximately $700,000.
There is only 1 shareholder.
Recent Activity
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4 Investors already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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