Practice Details - Chasening, MI        $515,000

Three experienced pharmacist were looking to purchase an additional independent pharmacy. The three partners already owned numerous pharmacies in neighboring towns and saw an opportunity when the seller decided to retire.

Even though none of the partners were going to work full time at the new pharmacy and they already had existing debt on their current practices, we were able to help locate and structure financing for the acquisition.

Loan Structure:

Purchase Real Estate - $35K
Purchase Pharmacy & Inventory - $515K
Working Capital - $125K

Closed Transaction 10/09/2015

Features

Broker Information


Michael Furlong
Senior Transition Advisor
  • Direct: (954) 633-8599 x 201
  • Free: (800) 815-0590
  • Fax: (954) 633-4599

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