NY METRO-1

A well-established and fast-growing pharmacy, with strong front-end sales, located in a destination town in Dutchess County. In business in the same location and under original ownership for 11 years. Situated fifteen miles from Poughkeepsie, 40 miles from Brewster, 90 miles from Manhattan, this store is in a trading area of 300,000 residents. It is located on the main street of the town, close to all retail, restaurants, medical services, private and public schools. There are no independent and chain pharmacies in the town, the nearest pharmacy is ten miles away. This store is the go-to location for pharmacy services, gifts, and over-the-counter merchandise. FY 2023 approximately $2.635MM, up from $2.06MM in 2022. Historic average Gross margins of 16.7% overall. Approximately $250K in front-end product sales. Currently filling 25,000++ Rxs annually. 81% Generics, 19% Brands. Store hours are 9AM-6PM M-F, 9AM-4PM Saturday, closed Sundays, and Holidays. 52 hours weekly. The store occupies 1750 sq. ft. of space, 1300 SF Retail and 450 SF Storage. Current rent is $2,250.00 per month, includes CAM, Heat. Lease runs until 12/2027. Owner is open to a new, long-term lease for the new owner of the pharmacy. Required payroll includes Payroll includes 1 FT RPh, 1 PT Tech, 2PT Clerk. 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 and has a strong draw due to its extensive front-end merchandise. The store has opportunities for growth by working with local private schools and other local entities to increase business as the only pharmacy in the ten-mile radius. 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 Steve DeNicola

TX-1

This rapidly growing and fully outfitted Sterile and Non-Sterile Compounding as well as Retail Rx and Wellness Pharmacy has been in business for over seventy years; under current ownership for over 14 years. Over time, the owner expanded the services utilizing PCCA Membership to specialize in multiple therapeutic areas, primarily sterile Ophthalmics, topicals, and hormone replacement therapy. PCCA’s membership is assumable by a new owner. The pharmacy has a strong focus on Wellness that works with the compounding service to attract customers from long distances as well as in nearby towns. The pharmacy serves a trading area of over 60,000 population and is located close to major shopping and medical facilities. The owner has developed a strong following for compounding and wellness services. Sales for FY 2023 were $2.21MM, up from $1.78MM in FY 2022. Tracking to $2.406MM in 2024 from current sales. The gross margin is a consistent 65% on average, with the strong compounding component as the driver of profitability. Sales are 57% sterile compounded prescriptions. Currently filling at a rate of 44,000+ Rxs annually, 30% Insurance, 70% Cash. Hours are 8:30AM-5:30PM M-F, closed nights, weekends, and holidays; 45 hours weekly. The store occupies 2,724 sq. ft. of space. Owners have a separate 12 x 12 building for storage. The building can be leased at market rate or possible Real Estate purchase for the purchaser of the Pharmacy. The payroll includes 1 FT RPh, 4 FT Techs, 1 FT Clerk, 1 PT Clerk, Asst-Manager. All existing personnel are experienced and knowledgeable about all pharmacy services, the customers, and the local market. This is an opportunity for an experienced owner or ownership group of Compounding Pharmacies to purchase a well-established, highly profitable pharmacy that has no competition in the large local market and can service the entire state of TX, now over thirty million residents and growing. This pharmacy generates substantial profits, and a new owner will reap the rewards of a well-run business positioned in unique niches that will continue to grow as its services become more in demand.

If interested in this listing, please contact Steve DeNicola

TexasGuest User
GA-1

SOUTHEAST GA -– A well-established pharmacy (over 22 years in business in the same location) located inside a major hospital. This store serves as the provider of Pharmacy services to discharging in-patients of the hospital and the hospital employees. There are other independent pharmacies in the town and the usual chains, none of which offer the high level of service and quality care of this Pharmacy, which occupies a unique niche because of the relationship to the hospital. FYE 12/31/2023 was $3.09MM, up from $2.86MM in 2022. Gross margins of 14.3% overall. 5% Front-end sales, primarily OTC/HBA, Cards, Snacks and Drinks. Currently filling 32,000++ Rxs annually. 89% Generic Rxs, 11% Brand. 5% cash, the balance in traditional Managed Care plans. Store Hours are 8:30AM-6:30PM M-F, closed weekends and Holidays. 50 hours weekly. The store occupies 1,357 sq. ft. of space, 1207 sq ft Pharmacy and 150 sq ft storage. The current base rent is $3,319. The lease is currently on one-year automatic extensions. Landlord is open to a new lease for a new owner of the Pharmacy. Required payroll includes Payroll includes 1 FT Phcst, 1 PT Phcst, 2 PT tech, 2 PT clerks. 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 Larry Greenfield.

SoutheastGuest User
VA-1

FRONT ROYAL, VA -– A well-established high-volume pharmacy (Over 25 years in business, 3 years in new and larger location) located in Warren County, VA. 75 Miles from Washington DC, 70 miles from Alexandria, 45 miles from Manassas. This store serves a middle-class trading area of more than 15,000 people, located in the main shopping area of the town, close to all retail, restaurants and medical services.  There are the usual chains and two other independent pharmacies in the town, none of which offer the high level of service, quality care, and reputation of this Pharmacy. FY 2023 $8.01MM, up from $7.22MM in FY 2022. Gross margins of 12.6% overall. Currently filling 106,000++ Rxs annually, including 15K annually for ALF and Hospice. 81% Generic Rxs, 19% Brand. 11% cash, the balance in traditional Managed Care plans.

Store Hours are 9AM-6PM M-F, 9AM-1PM Saturday, closed Sundays and Holidays. 49 hours week. The store occupies 4000 sq. ft. of space, 3000 SF pharmacy and 1000 SF storage. The current monthly rent is $5,163.33 per month including CAM and Taxes. Lease runs until 01/07/2026, with one five-year option. Landlord is open to discussing a new lease for a new owner. Required payroll includes Payroll includes 2 FT Phcst, 2 FT Tech, 1 FT Clerk, 1 PT Clerk, 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 location that is poised for continued growth. With some reasonable marketing efforts, the store is ready to continue expansion into new, specialty niches under a new owner. This is a desirable location and an excellent business and investment opportunity.

 If interested in this listing, please contact Larry Greenfield.

MI-2

Northwest Michigan - A well-established full line pharmacy located in Benzie County, in northwestern Michigan. Located 25 miles west of Traverse City, 7 miles north of Benzonia, this store serves a trading area of more than 5,000 people in this rural County. There is NO local competition in the immediate area, nearest pharmacy is 7 miles away, nearest chains are 25 miles away in Traverse City. FYE 12/31/22 showed reported sales of $3.23MM, up 5% from 2021. Over 25% increase in sales since 2020. Full store margins of 16%. Currently filling 33,000++ Rxs annually, 17% cash, the balance traditional Managed Care plans. Store hours are - 9-7 M-F, 9-3 Saturday, Closed Sundays, and holidays. 56 hours weekly. The store occupies a 3,200 sq. ft. space which includes 500 sq. ft. of storage. The current rent is $3,300.00 monthly including taxes and CAM. There is a new, long lease available for a new owner. The required payroll includes 1 FT Phcst (current owner is absentee, new owner would fill this position), 1 PT Phcst, 1 FT tech, 2 FT clerks. All existing personnel are experienced and knowledgeable about the customers and the local market. This is an opportunity for a young pharmacist, a first-time buyer, to purchase a well-established store in a pleasant, rural community. This store has ample opportunity to grow, explore new niches and specialty opportunities, under new and motivated hands-on management. Currently it is absentee owned. This is a nice town, and the store is well located, and has an excellent reputation for customer service.


 If interested in this listing, please contact Tom Cook

MidwestGuest User
LISTING: CA-2

VENTURA COUNTY - A well-established (20 years in this location) pharmacy located in central Ventura County. 40 Miles from downtown Los Angeles, this store serves an affluent trading area of more than 100,000 people. Located nearby all local medical facilities and prescribers. The store has strong compounding and specialty healthcare components unique in this marketplace. It continues to grow steadily and earns very high profits. Current sales are $3.084MM, on track to generate $3.2MM++ for FY 2024. Steady growth over the past three years. Gross margins of 27.5% and strong profits due to the compounding practice and specialty immunization programs unique to this pharmacy within the local trading area. Very low operating costs. The store is currently filling 42,000 Rxs annually, 2,300 of which are compounds, all paid in cash, the balance paid by traditional managed care plans. The store is open from 9-6 M-F, closed nights, weekends and holidays. 45 hours weekly. It occupies 900 sq. ft. space which includes 100 sq. ft. of storage. The current lease expires in 2027, monthly rent of $3,075.00. Landlord is open to discussing a new, longer lease for a new owner. The required payroll includes 1 FT Pharmacist (The current owner serves in this position), two full-time techs,1 full time clerk. The staff is experienced and knowledgeable about the customers and the local market. There is financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for an experienced pharmacist to purchase a long-established, highly profitable store in a pleasant, suburban environment. This store generates substantial profits after servicing any debt incurred in the transaction. A new owner will reap the rewards of a well-run store that has a unique niche in this marketplace and a great location, surrounded by many prescribers and other healthcare resources.

If interested in this listing, please contact Steve Wagner.

WesternGuest User
NJ-2

New Jersey-Northeast - A well-established high-volume pharmacy (Over 19 years in business in the same location, 5 years under current ownership) located in Passaic County in Northern New Jersey, on the western border of Bergen County. Located 8 miles from the interchanges of I-80, RTE 46 and RTE 23, 20 Miles from Manhattan, 20 miles from Newark. This store serves an upper middle-class trading area of more than 50,000 people, is located in a strip mall in the main shopping area of the town, close to all retail and medical services, St Joseph’s Hospital, and William Paterson University. There are two other independent pharmacies in the town, a Walgreens and a CVS, none of which offer the high level of service, quality care and product selection of this Pharmacy. FYE 12/31/2022 was $4.953MM, up from $4.572MM in 2021. Gross margins of 19% overall. 5% OTC sales. The store also has a fully stocked Surgical Supply Products Department with a full time Surgical Specialist that generates customer traffic and sales. Currently filling 50,000++ Rxs annually, 4% blister packed for local Assisted Living Facility. 82% Generic Rxs, 18% Brand. 9% cash, the balance in traditional Managed Care plans.

Store hours are 9AM-7PM M-F, 9AM-4PM Saturday, 9AM-2PM Sunday, closed Thanksgiving and Christmas. 62 hours weekly. The store occupies 2,400 sq. ft. of space, 2,000 SF pharmacy and 400 SF storage. Current monthly rent is $9,404.94 per month including CAM and Taxes. Lease runs until 10/18/2023, with Two 5-year options. Landlord is 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, 1 FT Surgical Products Specialist. 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. Motivated Sellers will listen to all reasonable offers.

 If interested in this listing, please contact Jack Collins.

NJ-1

NORTHEAST NEW JERSEY - A well-established high-volume pharmacy (Over 98 years in business in the same location, 11 years under current ownership) located in Essex County in Northern New Jersey. Located 25 Miles from Manhattan, 10 miles from Newark, 20 Miles from Fort Lee, NJ. This store serves an upper middle-class trading area of more than 50,000 people, is located on a busy street in the main shopping area of the town, close to all retail, schools, and Mountainside Medical Group. There are other independent pharmacies in the town and the usual chains, none of which offer the high level of service, quality care and product selection of this Pharmacy. FYE 12/31/2023 was $9.42MM, down from $9.58MM in 2022. Historic gross margins of 17% overall. 7% Front-end sales, primarily OTC/HBA, DME, Cosmetics, Cards, and Gift Items. Currently filling 98,000++ Rxs annually. 87% Generic Rxs, 13% Brand. 5% cash, the balance in traditional Managed Care plans. Store hours are 8:30AM-8:00PM M-F, 8:30AM-6PM Saturday, 9AM-3PM Sunday, closed Thanksgiving and Christmas. 73 hours weekly. The store occupies 5,500 sq. ft. of space, 5,000 SF pharmacy and 500 SF storage/office. Current base rent is $12,512.50, plus CAM, effective 1/1/2023 and continuing until 12/31/2027. There is one additional five-year extension to the lease. Landlord is open to a new lease for the new owner of the Pharmacy. Required payroll includes Payroll includes 2 FT Phcst, 1 PT Phcst, 3 FT techs, 1 PT tech, 2 FT clerks, 2 PT clerks, 1 FT Driver, 1 FT Store Manager. 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.

FL-1

COCONUT GROVE, FL - A well-established high-profit pharmacy with extensive high-end front store skin care department, located in the upper-middle class neighborhood of Coconut Grove. In business in the same location and under same ownership for 15 plus years. 5 Miles from downtown Miami, 30 miles from Fort Lauderdale, this store serves a trading area of more than 25,000 people. It is located on the main level of a residential condominium building, in the main shopping area of the town, close to all retail, restaurants and medical services. There are other independent and chain pharmacies in the area, none of which offer the high level of service, quality care, product selection, and reputation of this Pharmacy.FYE 12/31/2022 was $2.47MM, FY 2023 tracking at $2.2MM. Gross margins of 33% overall. Approximately $200K in high-end skin care products, $120K in mostly high-dollar, high-profit compounded dermatology prescriptions. Currently filling 18,000++ Rxs annually, plus 1200 Compounded Cash Rxs. 81% Generics, 19% Brands. 9AM-7PM M-F, 9AM-3PM Saturday, closed Sundays, and Holidays. 56 hours weekly. The store occupies 1400 sq. ft. of main level, high-traffic space. Owner owns building, proposes rent of $5000 per month. Required payroll includes Payroll includes 1 FT RPh, 2 PT Techs, 1 FT Clerk, 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 and high-end skin care products retailer. 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 Larry Greenfield.

SoutheastGuest User