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

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.

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.

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.