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DealProspect/Listings/Healthcare

Strip Pharmacy, Melbourne Inner West

Pharmacy

ActiveHealthcareB2C
Asking price
$4,500,000
Disclosed · AUD
Revenue
$4,000,000
TTM
Earnings (est.)
~$772,800
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~5.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • For sale for the first time in 20 years
  • Located in the middle of the main shopping strip with ample parking
  • Currently managed by staff, owner works Thursdays and alternate Saturdays
  • Strong multicultural catchment area
  • Strong gross profit above 34%
  • 40 Websters and 10 methadone/suboxone clients
  • No nursing homes to deal with
  • Current independent valuation available to support finance
  • QCPP currently being renewed