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.