This successful franchised pharmacy has delivered a normalised EBPITDA for a working owner over $800k per annum and sales of over $3.1M in FY21.
Under the current ownership structure, the business has been operating for 13 years during which time it has built a stellar reputation for outstanding service. This pharmacy is a member of New Zealand's largest pharmacy group who provides their pharmacies with a consistent level of support to ensure they are operating with high standards.
Approximately 80% of its revenue is dispensary based and there is an opportunity for a driven operator to grow the business by offering additional medical services and focus on growing retail sales.
This pharmacy is in a prime spot amongst several health institutions e.g. a medical centre is located 500m away and is the only pharmacy in that suburb (Auckland fringe).
The team is made up of skilled staff who have extensive industry experience, allowing a seamless transition to a new operator.
This is a rare opportunity for a motivated acquirer to buy a 51% shareholding in this pharmacy.
Seeking binding offers to be presented on or before 30th July 2021.
Contact Pauras Rege - 021 155 8107 for further information.
For a confidential discussion, please complete our online confidentiality agreement.
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