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DealProspect/Listings/Healthcare

Independent Strip Pharmacy, Inner Eastern Melbourne

Pharmacy

ActiveHealthcareVictoriaB2C
Asking price
$2,350,000
Disclosed · AUD
Revenue
$3,250,000
Indicative · Projected sales
Earnings (est.)
~$627,900
Estimated · comparable listings of this type and size · from broker forecast
Implied multiple (assumed)
~3.7×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Independent pharmacy on a major corner in inner eastern Melbourne
  • Gross profit above 31.35% approximately
  • Rent to sales approximately 5.99%
  • Real wages under 11.5%
  • Solid lease in place
  • QCPP for two years
  • No methadone or nursing homes
  • 50-plus medication packs
  • Branding potential as currently independent