Posts in Northeast
LISTING: NJ-1

WESTERN NEW JERSEY - A well-established pharmacy, in business since 2012 under the same ownership, in Western New Jersey. Located seven miles from Morristown, 40 miles from downtown Manhattan, this store serves an upper middle-class trading area of more than 10,000 people. There is limited competition in the immediate area, the closest pharmacy is a chain one mile away. The store is conveniently located to all medical, retail, restaurant, and other local businesses in the town. Projected Sales for FY 2025 are trending to $3.8MM.  Sales are 83% Rxs, the balance in high profit wellness and O-T-C products. Overall Gross Margin is 19%. Currently filling 34K Rxs annually, with strong generic pharmaceutical dispensing rates. Store hours are 9AM-7PM M-F, 9AM-3PM Saturday, 9AM-1PM Sunday. 9AM-1PM Major Holidays Closed nights, Easter Sunday, and Christmas Day 60 hours weekly. The store occupies 2400 sq. ft. space, 1600SF Pharmacy and 800SF Storage. The owner owns the building, and proposes monthly base rent of $5500, not including CAM and Taxes. There are also two income producing tenants. Possible Real Estate Investment for new owner of the Pharmacy. Required payroll includes 1 PIC, 1 PT RPh, 1 FT PharmTech, 2 PT clerks, 1 PT Driver. The staff are experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist or multi-store owner to purchase a long-established, highly profitable store in a very desirable and pleasant environment with a potential Real Estate investment. The pharmacy generates substantial profits, and a new owner will reap the rewards of a well-run store that has a unique niche for service in this marketplace and a great location that has many prescribers in its local area as well as other healthcare resources.

If interested in this listing, please contact Jack Collins

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LISTING: PA-2

METRO PITTSBURGH - A well-established pharmacy, in business for forty years and under the same ownership since 2016, in Allegheny County. Located fifteen miles from Pittsburgh, this store serves a middle-class trading area of more than 16,000 people. There is limited competition in the immediate area, the closest pharmacy is another independent, and no other Pharmacies within three miles after that. The Rite-Aid in the town recently closed, and the closest chain outlet is a Giant Eagle over three miles away. The store is conveniently located to all medical, retail, restaurant, and other local businesses in the town. Projected Sales for FY 2025 $2.7MM, prior to closing of the Rite-Aid. New business from the Rite-Aid closure will increase sales substantially. Sales are 99% Rxs, the balance in O-T-C products. Overall Gross Margin is 19%. Currently filling 23K Rxs annually, will increase significantly with closure of Rite-Aid. Generics are 87%, Brands 13%. Store hours are 10AM-6PM M-F. Closed nights, weekends, holidays. 40 hours weekly. The store occupies 10000 sq. ft. space, 5000SF Pharmacy and 5000SF Storage. The Sellers owns the building, will offer new lease to buyer of the Pharmacy. Possible Real Estate Investment for new owner of the Pharmacy. Required payroll includes 1 PIC, 1 PT RPh, 1 FT PharmTech, 2 PT clerks, 1 PT Driver. The staff are experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist or multi-store owner to purchase a long-established, highly profitable store in a very desirable and pleasant environment with a potential Real Estate investment. The pharmacy generates substantial profits, and a new owner will reap the rewards of a well-run store that has a unique niche for service in this marketplace and a great location that has many prescribers in its local area as well as other healthcare resources. The recent closure of the Rite-Aid is starting to show a significant increase in Rxs dispensed and sales.

If interested in this listing, please contact Jack Collins

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LISTING: PA-1

WESTERN PA - A high-volume pharmacy, located in Western PA. Providing a full range of pharmacy and pharmacy-related services, the store has been in operation for 23 years under the original owner. Located 100 miles from Pittsburgh, 100 miles from Harrisburg, the pharmacy serves a trading area of 45,000 people. The pharmacy is ideally located and staffed to provide a variety of healthcare services to the area population. Sales for FY ending 12/31/2024 were approximately $3.92MM. Sales for FY 2025 are tracking to approximately $4MM. Current Gross Margins are 16%. Sales are approximately 99% Rxs, with strong generic Rx dispensing rates. Currently filling 50,000++ prescriptions annually. 3% Cash, the balance in Private Payor Insurance Plans. Generic dispensing averages 88%, Brands average 12%. Store hours are 9AM-7PM Monday and Wednesday. 9AM-5PM Tuesday, Thursday, Friday. Closed weekends and holidays. 44 hours weekly. The store occupies 4000 sq. ft. space including 1000 SF Storage. Rent is $4000 per month rent. Required personnel are 1FT RPh/PIC, 1 PT RPh, 2 PT Clerks. All existing personnel are experienced and knowledgeable about the clients and the local market. This is an opportunity for an experienced Pharmacist to purchase a well-established, highly profitable pharmacy in a pleasant, semi-rural environment. The store has a strong reputation for service and is known in the community as the go-to location for prescribers and patients. It will continue to grow and with some modest marketing efforts, a new owner will reap the benefits of a well-run store with limited competition.

If interested in this listing, please contact Jack Collins

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LISTING: NY-1

STATEN ISLAND NY - A well-established, full-service, high-volume pharmacy, located in Staten Island. Offering the complete range of Pharmacy and Pharmacy-related services. Located near the North Campus of Staten Island Hospital and the NYU Langone Medical Pediatric Urology Associates facilities, the Pharmacy has developed strong relationships with local prescribers and the patient community. It is well positioned in the community to continue growing the traditional Retail Pharmacy business as well as the Pharmacy-related products and services. There are three independent, and two chain pharmacies located in the area. FYE 12/31/2024 P&L Statement showed sales of $13.3MM at 12.2% GP. Sales for FY 2025 are projecting to $9.5MM at 20% GP%, based on 2/28/2025 P&L Statement. Sellers have focused on moving toward stronger profitability and increased operating margins on a go-forward basis. Rx Sales are 99++% of the store’s business. Currently filling 60,000++ Rxs annually, 2% cash, 5% Medicaid, the balance traditional Managed Care plans. Store Hours are 8AM-7PM M-F, 9AM-4PM Saturday, 9AM-2PM Sunday. 67 Hours weekly. Closed on Thanksgiving Day, Christmas Day, and New Year’s Day. The store occupies 3,900 sq. ft. space, 1900SFPharmacy, 2000SF Storage. Current base rent is $ 8747.92, taxes $1781.52 and CAM $1651.48 monthly. Sellers own the building and are open to a new, long lease for the Buyer of the Pharmacy. The required payroll includes 2 FT RPh, 1 PT RPh, 1 FT PharmTech, 2 PT techs, 1 FT clerk, 1 PT Clerk, 2 PT driver/stockpersons. 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 add a well-positioned, high-volume pharmacy to their portfolio. The Pharmacy has an excellent reputation for customer service, limited competition, and strong, mutually beneficial relationships with local prescribers. With some reasonable marketing efforts, and added Pharmacy related services, it will continue to grow and generate strong profits.

If interested in this listing, please contact Jack Collins

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