STATEN ISLAND NY - A well-established, full-service, high-volume pharmacy, located in Staten Island. Offering the complete range of Pharmacy and Pharmacy-related services. Located near the North Campus of Staten Island Hospital and the NYU Langone Medical Pediatric Urology Associates facilities, the Pharmacy has developed strong relationships with local prescribers and the patient community. It is well positioned in the community to continue growing the traditional Retail Pharmacy business as well as the Pharmacy-related products and services. There are three independent, and two chain pharmacies located in the area. FYE 12/31/2024 P&L Statement showed sales of $13.3MM at 12.2% GP. Sales for FY 2025 are projecting to $9.5MM at 20% GP%, based on 2/28/2025 P&L Statement. Sellers have focused on moving toward stronger profitability and increased operating margins on a go-forward basis. Rx Sales are 99++% of the store’s business. Currently filling 60,000++ Rxs annually, 2% cash, 5% Medicaid, the balance traditional Managed Care plans. Store Hours are 8AM-7PM M-F, 9AM-4PM Saturday, 9AM-2PM Sunday. 67 Hours weekly. Closed on Thanksgiving Day, Christmas Day, and New Year’s Day. The store occupies 3,900 sq. ft. space, 1900SFPharmacy, 2000SF Storage. Current base rent is $ 8747.92, taxes $1781.52 and CAM $1651.48 monthly. Sellers own the building and are open to a new, long lease for the Buyer of the Pharmacy. The required payroll includes 2 FT RPh, 1 PT RPh, 1 FT PharmTech, 2 PT techs, 1 FT clerk, 1 PT Clerk, 2 PT driver/stockpersons. 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 add a well-positioned, high-volume pharmacy to their portfolio. The Pharmacy has an excellent reputation for customer service, limited competition, and strong, mutually beneficial relationships with local prescribers. With some reasonable marketing efforts, and added Pharmacy related services, it will continue to grow and generate strong profits.
If interested in this listing, please contact Jack Collins