Ted Clark
Spring, TX (USA)
Role(s):
Founder/Owner/Principal
Sincon Capital
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Startup
Location:
Spring
Industry:
Other
Year Founded:
2019
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
** ROI @ 30%
** Seeking $1.0MM of equity/debt to acquire highly profitable pharmacy in Houston market
** $3.0MM - Business valuation (2-3x EBITDA + inventory, A/R (Medicare, Medicaid, BCBS, Aetna etc), & working capital)
** $900K EBITDA on $4.8MM Sales
** > $13K sales /day
** 135 scripts / day avg. @ $98 per sale
** Staff and pharmacist agreed to stay on post-sale with 30-60 days of training for new owner