Buy-SellaPharmacy.com

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NJ-1

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.