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Details - Information last confirmed on June 4, 2021

Located in the North of Portugal this is the sale of 4 family-operated para-pharmacies. A para-pharmacy does not sell prescription drugs. The 4 stores are located within shopping malls, supermarkets, and premium commercial areas in the Northern cities of Portugal. The business specializes in selling OTC medicines, cosmetics, health products, and aesthetic treatments at competitive prices. They also offer to counsel on such products. There is an online presence and delivery service offered to customers. Gross margins are around 40% to 45% with expected 2021 revenue of about €600K, due to Covid-19 closures, however business is coming back strong as Europe opens to tourism once again. This operation is fully staffed with about 2 employees per location and licensing for new locations is easy, with no special requirements in terms of minimum area or location. The owner does not need to be a pharmacist however at least one pharmacy technician or pharmacist needs to be listed as a technical director. This operation should be a great opportunity for Golden-Visa applicants. All prospects must provide proof of funds. All financial figures including the price and terms are in € Euro and Metric, Rent is totaled for all locations. Please refer to listing number 0101226733 when inquiring about this listing.

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