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

letter-of-intentBurlington County - A well-established (11 years in this location) full line pharmacy located in a pleasant, middle class suburb in Burlington County. Located 50 miles south of Edison, NJ, 75 Miles from NYC, 30 Miles from Philadelphia, this store serves a trading area of more than 7,500 people, has limited independent competition, only large chains, who do not provide the services that the consumers in this market require. FYE 7/31/16 showed reported sales of $1.42MM. 95%++ Rx sales, full store margins of 27%. Interim financials through 4/30 indicate $1.275MM for FYE 7/31/17. The store is currently filling 16,000++ Rxs annually, 50% cash, the balance traditional Managed Care plans. 10% compounded Rxs, 80% of which are veterinary, all compounded Rxs are cash, no third party billings. The store is open from 9-6 Monday - Thursday, 9-4 Friday, closed Saturdays, Sundays and all holidays, only 43 hours weekly. It  occupies a 3,000 sq. ft. space which also has 3,000 sq. ft. of storage. It is a free-standing building with ample parking (formerly a bank). The seller owns the building, would like to sell it along with the business. The required payroll includes 1 FT Pharmacist (the current owner), 1 FT tech. There is some 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, preferably with some compounding experience, to purchase a well-established store in a pleasant, middle class suburban environment. This store has ample opportunity to grow, explore new niches and specialty opportunities, under new and motivated management. This is an excellent trading area with limited independent competition, needs a service oriented, personalized pharmacy that can provide the services the marketplace requires.

If interested in this listing, please email Jack Collins.

NJ-4

Hudson County - A well-established full line pharmacy and liquor store located in a pleasant middle-class Hudson County town. Located on the Hudson River, halfway between the GW Bridge and the Lincoln Tunnel, this store serves a middle-class trading area of more than 6,000 people, has limited independent competition. FYE 12/31/16 showed reported sales of $2.8MM, up 8% from 2015. 25% of the sales are in high margin liquor and wine, the balance in prescriptions with some OTC sales as well. The store is currently filling 23,000++ Rxs annually, 20% cash, the balance traditional Managed Care plans. The hours for the pharmacy are 9:30-8:00p, Monday - Friday, 9:30-3 Saturday, closed Sundays. The retail/liquor store is open seven days a week, 9-9 Monday - Friday, 9-8 Saturday, 10-6 Sunday. The store occupies a 6,000 sq. ft. space which includes 500 sq. ft. of storage. Current lease, with options, expires in 2028. Current base rent is $10,609.00 per month. The required payroll includes 1 FT Pharmacist (the current owner is absentee), 1 PT Pharmacist, 1 FT tech, 1 FT clerk, 2 PT clerks, driver. 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 a young pharmacist, a first-time buyer perhaps, to purchase a well-established store in a pleasant, urban environment. This store has ample opportunity to grow, explore new niches and specialty opportunities, under new and motivated management. The liquor department provides a source of high profit, non-Rx business, and the license, due to the limited number issued in each Jersey town, has much value. This is a great location and the long lease adds value as well.

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.