Over 500 Pharmacies Sold

Listings

NJ-1

Essex County - A long-established (more than 60 years in this location under the same ownership), full line pharmacy and home healthcare store located in a pleasant, upscale town in Essex County. Located just 12 miles west of mid-town Manhattan, 30 miles north of Edison, NJ, this store serves an affluent trading area of more than 10,000 people, has no immediate local independent competition, only large chains that do not provide the services that the consumers in this market require. Centrally located in a high-end residential neighborhood, close to the largest shopping center in the town. FYE 12/31/16 showed reported sales of $1.52MM, down slightly from 2015. 80%+ Rx sales, full store margins of 26%, solid HME/DME sales and rentals contribute to higher margins than traditional. The store is currently filling 18,000++ Rxs annually, 10% cash, the balance traditional Managed Care plans. It is open from 9-9 Monday - Thursday, 9-7 Friday, 9-5 Saturday, 9-1 Sunday. 70 hours weekly. It occupies a 3,000 sq. ft. space plus has 4,000 sq. ft. of storage. There is a new lease available for a new owner. Current base rent is $6,500.00 monthly plus taxes and CAM. The required payroll includes 1 FT Pharmacist (the current owner), 2 PT Pharmacists, 1 FT tech, 2 FT clerks, PT bookkeeper, driver/stockperson. All existing personnel are experienced and knowledgeable about the customers and the local market. There is some owner financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for a young pharmacist, a first-time buyer, to purchase a long-established store in a pleasant, upscale suburban environment. This store has ample opportunity to grow, explore new niches and specialty opportunities, under new and motivated management. This is a great town and the store is well located, a community landmark, has an excellent reputation for customer service.

If interested in this listing, please email Jack Collins.

NJ-2

letter-of-intentMonmouth County - A well-established (13 years in this location under the same ownership) compounding only pharmacy, located in a pleasant upscale suburb in Monmouth County. Located just 30 miles south of Edison, NJ, this store serves the compounding requirements of an affluent trading area of more than 10,000 people within the immediate area. The store does compounding only, does not take any third party plans, an all cash business. FYE 12/31/16 showed reported sales of $257K, steady growth averaging over 10% annually for the past four years. 100% compounded Rxs, 88% gross margins, all cash. The store is currently filling 4,500++ Rxs annually, all cash, no third party pay, non-sterile only broad mix of HRT, topical and veterinary Rxs. It is open from 11-6:30 Monday-Friday, 11:30-3:30 Saturday, closed nights, Sundays and holidays. 42 hours weekly.The store occupies a 500 sq. ft. space which includes 50 sq. ft. of storage. There is a new lease available for a new owner. Current base rent is $550.00 monthly. The store has a PCCA/PK computer system and all necessary/required compounding equipment. The required payroll includes 1 FT Pharmacist (the current owner), either a FT tech or a PT Pharmacist. There is some financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for a well-trained compounding pharmacist (or owner will train a qualified and interested candidate), possibly a first-time buyer, to purchase a well-established compounding pharmacy located in a pleasant, upscale suburban environment. This store has ample opportunity to grow with increased marketing efforts, occupies a special niche in Monmouth County and is very well located, has a great reputation with local prescribers and can provide a comfortable living in a unique and highly professional practice setting.

If interested in this listing, please email Jack Collins.

NJ-3

Union County - A well-established full line pharmacy located in a pleasant middle class city in Union County. Located just 15 miles southwest of mid-town Manhattan, 20 miles north of Edison, NJ, this store serves a middle class trading area of more than 120,000 people, is located in a primarily residential area, away from all the other pharmacies in the city. FYE 12/31/16 showed reported sales of $1.47MM, strong growth currently happening due to closure and consolidation of another store the seller owned in this market. Projected sales for 2018, based on current run rate, are $3MM++, 95% Rx sales, gross margins of 20%. The store filled 27,000 Rxs in 2016, current Rx count is exceeding 4,500 per month. Projecting 55,000 Rxs for 2018. 95% cash, the balance traditional Managed Care plans. The store is open from 9-8 Monday and Tuesday, 9-7 Wednesday through Friday, 9-5 Saturday, 10-2 Sunday. 64 hours weekly. The store occupies a 2,200 sq. ft. space plus has 1,800 sq. ft. of storage. It is co-located (same building, no common entrance or physical connection) with a coffee shop that is currently owned and managed by the pharmacy owners. The building will be sold along with the pharmacy, the coffee shop will be closed, a new owner can use for whatever purposes he or she feels it is best suited. Estimated current value of the building is $1.2MM, subject to final appraisal. The required payroll includes 1 FT pharmacist (the current owners are not pharmacists), 1 PT pharmacist, 1 FT tech, 1 PT tech, 2 FT clerks. All existing personnel are experienced and knowledgeable about the customers and the local market. There is some financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for an experienced pharmacist, possibly a mult-store owner, to purchase a long-established store in a pleasant, middle class suburban environment. This store is growing rapidly and has amply opportunity to explore new niches and specialty opportunitis under new and motivated management. This is a large city and the store is well located. Real estate opportunity includes the ability to expand the pharmacy space, operate a separate business in the adjoining space currently housing the coffee shop, or leasing the coffee shop space to an new tenant.

If interested in this listing, please email Jack Collins.

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All financial information about pharmacies listed and buyer's qualifications are representations of the principals, and are not guaranteed in any way by Buy-Sell A Pharmacy.com. Buyers and Sellers are urged to perform all necessary due diligence through whatever means they are most comfortable with prior to entering into a transaction to buy or sell any pharmacy listed on this web site.