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