Business To Buy



Business To Buy

Historic Pharmacy

Bozeman, Montana
Established over 100 years ago, this pharmacy is the oldest of its kind serving the area. The pharmacy is contracted with a local medical center as well as a 40-bed nursing facility. Additionally, the local community has a considerable retirement population that increases dramatically in the warmer summer months.

The retail drug store offers health and beauty aids, greeting cards, gifts, souvenirs, and digital photo processing. The friendly, knowledgeable staff offers customer service that sets the pharmacy apart from the chain drug stores. Additionally, next morning delivery from the wholesaler on health and beauty products allows this business to address the needs of the community while keeping inventory at a reasonable level.

There is also a restaurant serving breakfast, lunch, espresso and soda fountain treats daily. Known for exceptional food quality and pleasant service, it has a solid base of local customers as well as repeat visits from tourists who plan their vacations around a visit to the soda fountain.

The current owner and pharmacist is ready to retire, but would consider working as a substitute pharmacist on an as-needed basis.

The pharmacy is located in a rural area known for exceptional natural beauty and outdoor recreation opportunities. The economy is looking up in rural Montana, and the recent economic downturn had a later onset in this area than other counties in Montana and certainly later that the rest of the country. Thus, according to a University of Montana economist, this area will bounce back more quickly and sooner.

The seller is willing to negotiate very favorable financing for a qualified buyer

Financials

Price: $1,600,000
Gross Income: $2,632,032
Cash Flow: $356,682
FFE: $0
Inventory: $0
Real Estate Value: $500,000

About the Business

Office Reference ID: #157
Year Established: 1905
Financing: seller will offer very favorable financing to a qualified buyer
Training: negotiable as needed
Facilities: over 4,000 sf of retail space including pharmacy and restaurant
Competition:
Growth:
Business Listed By
Name: Coldwell Banker Mergers & Acquisitions
Company: Coldwell Banker Mergers & Acquisitions
Phone: 801-947-8383

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