NORTHWEST NJ - A well-established high-volume pharmacy (Over 100 years in business in the same location, 5 years under current ownership) located in Sussex County in Northern New Jersey. Located 55 Miles from Manhattan, 50 miles from Newark, 30 Miles from Wayne. This store serves a middle-class trading area of more than 150,000 people, is located on a busy street in the main shopping area of the town, close to all retail and medical services. There are no other independent pharmacies in the town, only one chain. This Pharmacy is well-known for its high level of service, quality care and product selection. FYE 12/31/2023 was $4.12MM, FY 2024 tracking to $3.9MM. Historic GP 19.5% overall. Currently filling 48,000++ Rxs annually. 89% Generic Rxs, 11% Brand. 6% cash, the balance in traditional Managed Care plans. Store Hours are 9:00AM-7:00PM M-F, 9AM-3PM Saturday, closed Sundays and Holidays. 56 hours weekly. The store occupies 1,100 sq. ft. of space, not including storage. The building also has six residential apartments for lease. Sellers own the building and are selling to a purchaser or the Pharmacy. The asking price for the building is $1.5MM. Required payroll includes Payroll includes 1 RPh/PIC, 1 PT RPh, 1 FT Rx Tech, 1 PT Rx Tech, 1 FT clerk, 1 PT clerk, 1 PT Driver. All existing personnel are experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist, a multi-store owner, to purchase a well-established, profitable store in a great location that is poised for continued growth. This store is well positioned in the community as a premier health care provider. With some reasonable marketing efforts, the store is ready to continue expansion into new, specialty niches under a new owner. This is a highly desirable location and an excellent business and investment opportunity. Seller only considering offers for Pharmacy and Real Estate as a package.

 If interested in this listing, please contact Jack Collins.

MASSACHUSETTES - CENTRAL - A well-established long term care pharmacy, in business for 8 years, located in a convenient location in Cental MA. Located 50 miles west of Boston, 50 miles east of Springfield, MA, the pharmacy services a broad mix of ALF facilities, group homes and certain other special clients within a 60-mile trading area that encompasses all the major cities in Massachusetts. It has a long-standing reputation for excellent service and is highly profitable. Positive relationships with facility managers have been developed and nurtured for many years. FYE 12/31/23 showed reported sales of $6.7MM with 37% GP, FY 2024 on track for $5.7MM in sales and 45% GP. Currently filling 8,500 Rxs per month, 35% Medicaid, 20% Managed Care, 30% Medicare, 15% Private Pay. Most packaging is bingo cards, single and multi-dose. Store Hours are 8:30-5:30 M-F, 10AM-2PM Saturday, 10AM-1PM Sunday. 52 Hours weekly. The business occupies a 7.200 sq. ft. space, has been in the same location since its inception. There is a long lease in place, expires 2/28/2026, has one three-year option and three additional five-year options. Current base rent is $17.500 monthly including utilities. The business is fully staffed with knowledgeable and experienced pharmacists, technicians and back-office staff. Deliveries are made by local independent contractors using their own vehicles. This is an opportunity for an experienced pharmacist to purchase a long-established, highly profitable closed-door pharmacy in a trading area that has convenient access to Boston Metro and Western MA. LTC experience helpful but not necessary, as the knowledgeable and long-tenured staff know how things work and handle the day to day most efficiently. A good addition for someone who perhaps is already in the LTC business operating somewhere further west, or anywhere in the northeastern marketplace. Very high cash flow makes servicing debt comfortable with a high ROI on invested capital as well.

 If interested in this listing, please contact Jack Collins.

NEW JERSEY - SOUTH - A well-established high-volume pharmacy (Over 20 years in business in the same location, 5 years under current ownership) located in Burlington County in Southern New Jersey. Located 10 Miles from Philadelphia, 30 miles from Trenton, 50 miles from New Brunswick. This store serves a middle-class trading area of more than 50,000 people, is located on the main shopping street of the town, close to all retail, restaurants, and medical services. There are no other independent pharmacies in the town, the only chain in town is a CVS located 1.5 miles away. FYE 12/31/2023 was $4.91MM, up from $4.58MM in FY 2022. Gross margins of 22% overall. 6% OTC sales. The store has strong front-end sections, cards, OTCs, DME. Currently filling 62,400++ Rxs annually. 3% cash, the balance in traditional Managed Care plans. 9AM-9PM M-F, 9AM-5PM Saturday, 9AM-1PM Sunday, closed Thanksgiving and Christmas. 72 hours weekly. The store occupies 4000 sq. ft. of space, 3,000 SF pharmacy and 1000 SF storage. The current monthly rent is $8,650.00 per month including CAM and Taxes. Lease runs until 10/31/2024, with two 5-year options. Landlords are open to discussing a new lease for a new owner. Required payroll includes Payroll includes 2 FT Phcst, 1 PT Phcst, 2 FT Tech, 1 PT Tech, 2 FT clerks, 1 FT Driver. All existing personnel are experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist, a multi-store owner, to purchase a well-established, profitable store in a great location that is poised for continued growth. This store is well positioned in the community as a premier health care provider. With some reasonable marketing efforts, the store is ready to continue expansion into new, specialty niches under a new owner. This is a highly desirable location and an excellent business and investment opportunity.

 If interested in this listing, please contact Jack Collins.