MediEstates Pharmacy - Pharmacy Information
Pharmacies For Sale > Pharmacy for Sale - West Midlands
Community Pharmacy For Sale West Midlands
West Midlands - Community - ID 50636
Asking Price: OIEO £349,000
Traditional pharmacy located on a parade of shops and established for over 100 years. It currently dispenses 2,884 items per month. This is the perfect opportunity for an owner occupier who wishes to put their stamp on their own business. There are many ways in which the business can be improved through servicing care homes, marketing, increasing OTC with supplying a card machine, introducing EPS system and providing clinical services. Due to low rent and cost, the net profit is higher than usual of this type of pharmacy.
  • Pharmacy established over 100 years
  • Dispensing c2,884 items per month
  • Traditional pharmacy with huge potential to modernise
  • High net profit due to low rent and establishment costs
  • Potential to grow through EPS and services
  • Care homes not currently served
  • OTC has potential to grow with intro of card machine
  • TenureLeasehold
  • Lease (p.a)iro £2,855
  • Turnover 2018£296,501
  • Profit 2018£38,512
  • Net Adjusted Profit£55,868

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This agreement is in relation to MediEstates Limited introduction to a prospective sale of a business as a going concern. By registering through this agreement I agree to all terms set out below:

  1. To treat all information supplied by or on behalf of the Vendor in connection with the sale of the Business as confidential. Confidential information relates to: -the actual Vendors identity and all confidential information in respect of the Business; including but not limited to: any ideas, business methods, prices, accounts, finance, marketing, research, development, manpower plans, processes, market opportunities, intentions, design rights, product information, customer lists or details, employee's details, trade secrets, computer systems and software, and other matters connected with the products or services manufactured, marketed, provided or obtained by the Vendor, and information concerning the Vendor's relationships with actual or potential clients or customers and the needs and requirements of such clients' or customers' operations.
  2. Duties of Prospective Purchaser are:
    1. To take such reasonable security measures to protect the Confidential Information as it takes to protect its own confidential information.
    2. All communications are to be through MediEstates unless agreed.
    3. That they shall not, without the prior written consent of the Vendor, permit any of the Confidential Information to be disclosed, other than in confidence to its legal or professional advisers, to be copied or reproduced; to be commercially exploited in any way; to be used for any purpose other than in connection with the prospective purchase of the Business; and to pass outside the control of the Prospective Purchaser.
    4. The Prospective Purchaser must not jeopardise or re-direct the sale under any circumstances.
    5. That they will not contact any 3rd parties related to the business for which information has been provided, i.e. solicitor's, employees, accountants, clients.
    6. That they will not under any circumstances contact the Local Area Team or CCG regarding any business sale, by any means of media unless written permission has been granted by the current Vendor.
    7. To carry out own Due Diligence once any business purchase moves to forward, and accepts that MediEstates Ltd only supplies information provided by the vendor and is not responsible for its accuracy or completeness.
    8. To lodge a deposit held in a client account to secure a business sale and cease its marketing, which is refunded on completion.
    9. To not use any social media at all regarding business details.
  3. If you require finance to purchase your business, or need other financial services, MediEstates on your approval will refer you to an FA to assist you. MediEstates may be paid a fee for this service.
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