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.

LOS ANGELES COUNTY PHARMACY FOR SALE

A well-established (20 years in this location) pharmacy located in the Walnut Park section of Huntington Park. Located 7 Miles from downtown Los Angeles, this store serves a middle-class trading area of more than 50,000 people. There are the usual mix of competitors in the area.  Sales for FY 2023 were $1MM, on track for $1MM for FY 2024. Average Gross Margins of 35%. Currently filling 25K Rxs annually, primarily dispensing Generics. Store hours are 9-5 M-F, closed nights, weekends, and holidays. 40 hours weekly.

The store occupies 2750 sq. ft. space which includes 250 sq. ft. of storage. Current lease renews July 2025, monthly rent including 3NNN is approximately 6,416.67. Landlord is open to discussing a new, longer lease for a new owner. Required payroll includes 1 FT Pharmacist (The current owner) 1 full time clerk. The staff is experienced and knowledgeable about the customers and the local market. This is an opportunity for a pharmacist to purchase a long-established, profitable store in a desirable and pleasant environment. The pharmacy generates strong profits, and a new owner, with some reasonable marketing efforts and expansion of in-store offerings and programs, will reap the rewards of their efforts.

If interested in this listing, please contact Steve Wagner.

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.

WASHINGTON STATE - THURSTON COUNTY - A well-established and growing pharmacy (34 years in this location, under current ownership for 9 years), in an excellent, high-visibility and traffic location. Located 3 Miles from downtown Olympia, 40 miles from Tacoma, 65 miles from Seattle. The store serves a vibrant trading area of more than 55,000 people. There are the usual chains and a few small independent pharmacies in the immediate area, none that offer the service and selection of this Pharmacy. The store also has strong relationships with local assisted living facilities. It continues to grow steadily and earns strong profits. Sales for FY 2023 were $6.22MM. FY 2024 is on a similar sales track. Strong growth over the past three years due to strong customer service. Gross margins of 16.5%. Currently filling 48K Rxs annually, 7% Cash, the balance paid for by Insurance Plans. 80% Generics, 20% Brands. Store Hours are 9AM-6PM M-F, 9AM-2PM Saturday, closed nights, weekends, and holidays. 50 hours weekly. The store occupies 2900 sq. ft. space, 1700SF for the pharmacy, 1200SF of storage. The current lease expires on 12/31/2025, and has one, five-year option. Monthly rent of $3,425.00. Landlord is open to discussing a new, longer lease for a new owner. Required payroll includes 1 FT RPh/PIC, 1 PT RPh, two full time techs, 1 full time clerk. The staff is experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist to purchase a long-established, highly profitable store in a desirable and pleasant environment. The pharmacy generates substantial profits, and a new owner will reap the rewards of a well-run store that has a strong presence in this marketplace and a great location that has many prescribers in its location, as well as other healthcare resources.

If interested in this listing, please contact Steve Wagner.

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.

A young and fast-growing new Pharmacy, in business 2 ½ years, located in a northeastern suburb of Cincinnati, in Butler County. Situated twenty-five miles NE of Cincinnati, 15 miles West of Mason, 40 miles South of Dayton, this store serves a middle-class trading area of more than 350,000 people. The store is in a well-trafficked strip center, conveniently accessible to all shopping, restaurants, and schools of the area. TriHealth Bethesda Butler Hospital and the Gateway Springs Health Campus are one mile away. Competition is the usual chains and a small number of independents; the closest stores are more than one mile away. FYE 12/31/2023 reported $1.743MM in sales, up from $629K in FY 2022. Reported Gross Margins of 22.5%. Business is 98% Rx, 2% OTC. Currently filling 15,500++ Rxs annually, 7% cash, 93% Insurance. Brands are 20%, Generics, 80%. Store hours are 9:30AM-5:30PM M-F, 10AM-2PM Saturday, Closed Sundays, and Holidays. 44 hours weekly. The store occupies 1356 sq. ft. space. The current lease runs until May 31, 2024, and has a three-year option that extends to 5/31/2027. The current rent is $1,356.00 per month. The Landlords are open to a new, long-term lease for the Buyer of the Pharmacy. Required payroll includes 1 FT RPh/PIC, 1PT RPh, 1PT Pharm Tech. All existing personnel are experienced and knowledgeable about the customers and the local market. This is an opportunity for a first-time Buyer, an experienced pharmacist, to purchase a fast-growing and profitable store in a great location in Butler County. This store is well positioned to continue its strong growth by building positive relationships with the patients and local health providers. It is ready for continued expansion into specialty niches under a new owner. Motivated Seller has reduced price, will listen to all reasonable offers.

If interested in this listing, please contact Tom Cook

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.

 If interested in this listing, please contact Tom Cook

Miami, FL - A well-established high volume, high-profit pharmacy, in business for twelve years, eight years in the current building. Primarily focusing on delivery service, the store is ideally situated to serve the Miami downtown and local Metro areas. Located 7 Miles from downtown Miami, 17 miles from Hollywood, FL and 25 miles from Fort Lauderdale, this store serves a trading area of more than 500,000 people. Because of the strength of the delivery business, the store has developed a strong niche that has been underserved in the area. FY 2024 tracking to approximately $4.6MM, based on recent financial information. Gross margins of 22.5% overall. Currently filling 75,000++ Rxs annually. 88% Generics, 12% Brands. Store Hours are 8AM-4PM M-F. Closed Weekends and Holidays. 40 hours weekly. The store occupies 2500 sq. ft. of space, 2100 SF Pharmacy and 400 SF of storage. Owner owns building, proposes rent of $6000 per month 3NNN. Potential Real Estate Investment as there is an additional Tenant in the building. Required payroll includes Payroll includes 1 FT RPh, 2 FT Techs, 1 FT Clerk, 2 FT Drivers. 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.