Oh, yeah Celts. How could I have forgotten about
Post# of 7769
I read a question somewhere asking why anyone would ever sell a business for $550K that essentially has unlimited potential. Good question...maybe the harsh NJ winters forced the prior owners to a sunny and warm residence in AZ. I believe I also read a request for the pharmacy's pre-acquisition financial records to determine how much that company made under its prior management. Frankly, I could care less. I care about today and the future of this specialty pharmacy business. Indeed, I now see revenues that have already experienced substantial increases from the day Team Scrips took over. I see nothing to prevent the pharmacy from hitting $2 million in monthly revenues by the end of the year, about 50% of which I believe will be paid to Scrips after the pharmacy is paid on the invoices totaling $2 million.
Of course, let's not forget about RapiMeds in China and Hong Kong, as well as PIMD and WholesaleRx. This is no one-trick pony.
Thanks again to Celts for leading me to this diamond in the rough, and thanks as well to Bob Schneiderman for not only recognizing hidden opportunities but also for fighting off the toxic debt and executing on your promise to the SCRC!!