Pharmacy for Sale

Not Disclosed, NJ
Morris County

Asking Price: Annual Revenue:
$299,000 $1,200,000

Retail: Health, Beauty, Nutrition

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RE: Pharmacy for Sale Broker: Vince Hsia

Quick Facts

Asking Price: $299,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 90
Employees: 5
BBN Listing #: 37222979
Broker Reference #: 7624vh

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Business Overview:

Excellent neighborhood pharmacy, established over 90 years for owner/operator. 15 spots parking available, presently much room for growth: expansion of hours, delivery service, extensive internet marketing, and no surgical supplies nearby, and lottery license correctly available. All insurance contracts in good standing. Store not in "hot" zone.

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Market Competition and Expansion:

Only independent in town. Expansion: Increase open hours, mass marketing/advertising via internet/website development, a lottery may be available (deli next door recently lost license), deliveries will increase business, surgical supplies are not in the local area, vaccines, and covid testing are not presently available.

Reason for Selling:

Seller retiring after 30 years.

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.

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