Independent Full-Service Pharmacy For Sale

Zebulon, NC
Wake County

Two profitable locations, one owned & one leased


Asking Price: Annual Revenue:
Not Disclosed Not Disclosed

Retail: Health, Beauty, Nutrition


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RE: Independent Full-Service Pharmacy For Sale Broker: Robert Tramantano

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1905
Employees: Not Disclosed
BBN Listing #: 921464119
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Offering Overview:
Great Neck Realty Co. is pleased to offer a profitable, full-service independent pharmacy business for sale. Corner Drug Stores, d/b/a Zebulon Drug and Wendell Drug, combines small-town service & charm with the latest technology in the pharmacy industry, including completely computerized prescription filling, record-keeping, and insurance filing, as well as printouts and expert information on any prescription and non-prescription drugs.

Offering Highlights:
-Profitable pharmacy business in two rapidly growing markets
-Fee-owned real property located steps from Historic Downtown Zebulon, the 2nd fastest growing town in North Carolina according to the U.S. Census Bureau
-Leased site located in Wendell at reasonable rental rates and terms
-Both locations include convenient drive-thru access
-All offers will be considered, including offers solely for the business, offers solely for the real estate (may include sale-leaseback), or offers for all assets as a going concern.

All transactions are subject to Bankruptcy Court approval. U.S. Bankruptcy Court for the Eastern District of North Carolina, Case Nos. 22-01834-5 and 22-01837-5.

Additional information available subject to NDA.

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Property Features and Assets:

Independently owned and operated pharmacy business serving local communities of Zebulon and Wendell for over 100 years, Corner Drug Stores offers more than the “big-chain” pharmacies. Leveraging two locations in Eastern Wake County, NC, a major healthcare hub supported by three major medical systems offering some of the best healthcare in the country, Zebulon Drug and Wendell Drug serve as a health and wellness centers offering MedSync, Dispill packaging, vaccinations, as well as drive-thru & delivery services.

Market Competition and Expansion:

Corner Drug Stores operates in two locations: Zebulon, NC: A spacious 8,876 square feet (incl. mezzanine) fee-owned retail property with room for expansion; Wendell NC: A 3,678 square feet leased location with reasonable rental terms.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

Relevant Links:

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