Independent Retail Pharmacy In Prime Location

Business Overview:

Healthcare practice ID: 7306 Listing ID: 6301-807959 *ACCEPTING BIDS: STARTING AT $400,000* Presenting a unique opportunity in the heart of Queens, NY, this retail pharmacy for sale boasts numerous advantages for a new buyer. With a forecasted gross revenue of $668,076 for 2024,$405,000 for 2023, and growing at a rate of 10-15 RX claims per day, there's substantial growth potential. The pharmacy's layout includes a gated RX department (20% of space) for security and efficient management, while its spacious 1,700 sqft space offers additional services like lottery, coffee, DMV eye tests, vaccines, and more. The pharmacy is not currently open over the weekend, and there is room to extend hours for increased revenue. Additionally, all contracts are in place, except for OptumRx, which represents an untapped opportunity for expanding the customer base. With a lack of management due to the seller's commitments to other businesses, there's potential for enhanced operations and profitability under new ownership. The pharmacy enjoys a prime retail location within a bustling complex housing multiple healthcare providers, with the added advantage of a forthcoming state-of-the-art dialysis center set to enhance foot traffic and community engagement. The location is surrounded by medical groups and high-rise residential buildings. 

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Property Features and Assets:

Square Units (Foot, Meter): 8,240

Lease Expiration Date: August 30, 2030, 12:00:00 AM

Terms Options: 10

Reason for Selling:

Other Business Interests

Additional Details:

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