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Business for Sale

Established Pharmacy for Sale in Essex County, NJ
Essex County, NJ

Listing #37437

 
Financial Information (non-confidential)
Asking Price $350,000.00 Gross Revenues $3,500,000.00
Down Payment $350,000.00 Owner’s Cash Flow $180,000.00

Financing: $350,000.00 Down and

Reason for Selling:

Well-established pharmacy in Essex County, New Jersey. Approximately 95% of the revenue is generated from prescriptions, with around 300 prescriptions filled each week, while the remaining 5% comes from over-the-counter sales. The pharmacy currently accepts Medicare and Medicaid and is in the process of obtaining contracts with CVS. Notably, the pharmacy does not have relationships with Optum or Express Scripts, presenting excellent growth potential for the new owner. All required licenses are in place, which serves as a major advantage for this pharmacy business. The current owner is not a pharmacist; however, the pharmacy employs a full-time pharmacist and one technician, allowing for a semi-absentee ownership model. Operating hours are 6 days a week, from 10 AM to 6 PM, with Saturday hours from 10 AM to 3 PM, and the pharmacy is closed on Sundays. This pharmacy has been serving the community for over 8 years, and the current owner has managed the business for about 1 year. This presents a great opportunity—don't miss out! For more information, please contact Pietro Siciliano at 914-760-5744.

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Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Pietro Siciliano
Senior Business Broker
914-760-5744
psiciliano@vestedbb.com
Servicing Area:
Westchester County, NY
Pietro Siciliano

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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