Independent Strip Pharmacy, Inner Eastern Melbourne

Independent Strip Pharmacy, Inner Eastern Melbourne — Healthcare · Inner Eastern Suburbs, Melbourne · Asking $2,350,000

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

DealProspect/Listings/Healthcare

Independent Strip Pharmacy, Inner Eastern Melbourne

Pharmacy

ActiveHealthcareVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$2,350,000

Disclosed · AUD

Revenue

$3,250,000

Indicative · Projected sales

Earnings (est.)

~$609,375

Estimated · comparable listings of this type and size · typically within ±40% · from broker forecast

Implied multiple (assumed)

~3.9×

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

Pharmacies in Victoria

Pharmacies for sale in Victoria (10) →

Listed

+1 in 30 days

Median asking

$2.4M

7 priced

Earnings multiple

2.5×

34 listings

Asking price spread7 of 10 state a price

This listing · $2.4M

14%

29%

43%

$250K–$500K$2.5M–$5M

Australia 26 · New South Wales 10

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