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Asking Price: $370,000

Independent Retail Pharmacy in Prime Location

Not Disclosed, NY
Queens County

Healthcare practice ID: 7306Listing ID: 6301-807959Presenting 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.Please click on the link below to access the 1-page pharmacy summary document that includes the pharmacy highlights, description, financial information, opportunities for revenue expansion & profit growth.https://transworldbusiness-my.sharepoint.com/:b:/g/personal/mabdelgowad_tworld_com/EfTajzV0v55Fuz9iZTswSDgBAuXGHS1oxn9S2fJ-x4Jf_A?e=2hZkoqFor more details & to receive the confidential information memorandum (CIM) with more sensitive info, prospective buyers will be required to:1. Execute an NDA2. Provide proof of identity unless a face-to-face or video conference occurs prior to receiving confidential information3. Provide proof of fundsIf you have any questions, please feel free to reach out to:Mohamed Abdelgowad, RPh, CBIPresident "M&A Healthcare Group'Business Intermediary 'Transworld Business Advisors Passaic County'(201) 716-2569

Cash Flow $404,954
Revenue $404,954

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