Real estate company with residential properties in Waregem

Description: Highly profitable and growing pharmacy located north of the province of Antwerp. Established value with strong name recognition in the region. Almost the only pharmacy in the area. Organization: 1 pharmacist-titular, 1 deputy pharmacist and assistant (respectively 4/5 and half-time) + 1 independent pharmacist on 4/5 basis. Expert and close-knit team, strongly customer-orientedFinancial: Very strong profitability with turnover > 2 mio EUR, EBITDA > 255,000 EUR, net profit > 190,000 EUR. Turnover and EBITDA have been increasing steadily for years. Real estate: Modern pharmacy, very well and centrally located along approach roads. Property privately owned. Can be bought or rented. Real estate value > 525,000 EUR (expert estimator available). Price: Equity value > 1,6 mio EUR, this includes an important cash position (> 330.000 EUR), almost debt free. 

DESCRIPTION AND ACTIVITYThis company is full owner of the following property:* a beautiful and stylish villa situated on a plot of land with an area of approx. 2,956 m² - with a total habitable area of approx. 325 m² and with a carport + underground garage + cellar of approx. 95 m²* very residential location in the second line, in a quiet area near lots of greenery in the center of Sint-Martens-LatemThis villa dates from 1975, but has since been renovated several times: kitchen & bathroom were renewed in 2003 - roof was renewed in 2012 - conversion electric heating to oil in 2016.The villa has always been inhabited by the owner himself and was recently estimated at a value = 1.400.000,00 EUR.EPC = label D (376 kWh/m² year)

shell company, incorporated in 2022 but never activities in it. No debts, no unpaid suppliers (only invoices are from accountant).No founder liability, quick start possible!