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.