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Business for Sale

Established Pharmacy in Essex County, NJ
Essex County, NJ

Listing #32253

 
Financial Information (non-confidential)
Asking Price $625,000.00 Gross Revenues $2,700,000.00
Down Payment $625,000.00 Owner’s Cash Flow $265,000.00

Financing: $625,000.00 Down and

Reason for Selling:Owner busy with other business

This well-established pharmacy has been successfully operating for over 10 years and is ideally situated on a prime corner location in a high-end neighborhood. The spacious 2,020 SF pharmacy includes a full basement and features a very favorable monthly rent of just $4,900. The pharmacy accepts all major insurance plans, including Medicaid, Medicare, CVS Caremark, and Express Scripts (ESI), and currently averages approximately 80 prescriptions per day. In addition to traditional pharmacy services, the business offers COVID vaccinations, a full range of immunizations, COVID testing, rapid COVID testing, and 1-hour PCR testing, and holds a CLIA waiver license. A retail liquor license is also available at an additional cost, providing an attractive ancillary revenue opportunity. This is an excellent opportunity in a highly desirable location and will not last long. For more information, please contact the broker, Marie Goldstein, at 877-735-5224.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.
Marie Goldstein
Senior Business Broker
1-877-735-5224
mgoldstein@vestedbb.com
Servicing Area:
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Marie Goldstein

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.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

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