Queens NY Pharmacy | DEA Major PBM Contracts | Turn-Key
Queens County, NY

Financing: $299,000.00 Down and None.

Reason for Selling:Serious Illness

Queens NY Pharmacy | DEA Major PBM Contracts | Turn-Key – $299K

Major PBM Contracts • Low Rent • Immediate Growth Potential

This is a rare opportunity to acquire a fully licensed pharmacy in Queens, NY. The store has been open for approximately one year and is fully operational.

Unfortunately, the owner is forced to sell due to a serious health condition affecting the Supervising Pharmacist (SP).

For a qualified buyer, this represents an opportunity to acquire a fully built and licensed pharmacy without the delays and costs associated with opening a new location in New York.

Licenses & Approvals in Place

The pharmacy already holds the key licenses and registrations required to operate, including:

• New York State Board of Pharmacy License
• NPI Number
• DEA Registration
• NCPDP Number

The pharmacy also has several major insurance contracts already active, including:

• CVS Caremark
• Express Scripts
• Humana
• Medicare

Revenue & Current Operations

The pharmacy is currently filling approximately 20 prescriptions per day and sales have been steadily increasing.

Average monthly sales: ~$45,000
Projected annual revenue: ~$540,000

Significant Growth Potential

There is clear upside for a motivated operator.

The previous SP did not hold an immunization license, which prevented the pharmacy from applying for Medicaid participation.

A new owner with an immunization-certified Supervising Pharmacist can:

• Apply for Medicaid approval
• Increase prescription volume beyond 30 scripts per day
• Add vaccination services
• Expand front-end retail sales

These additions could significantly increase revenue and profitability.

Facility & Equipment

This is a fully built, turn-key pharmacy space including:

• Micro Merchant pharmacy system
• POS system
• Computers and phone system
• Furniture, fixtures, and equipment

No build-out or construction is required.

Lease Details

• Size: 600 sq. ft.
• Rent: $3,200/month
• Lease Term: 4 years remaining
• Lease extension available for qualified buyer

This is an excellent rent for a pharmacy location in Queens.

Ideal Buyer

This opportunity is ideal for:

• Pharmacists looking to own their first pharmacy
• Independent pharmacy operators expanding into Queens
• Regional pharmacy groups seeking an additional location
• Buyers looking to avoid the lengthy licensing process

Opening a pharmacy from scratch in New York can take many months and substantial capital. This location allows a buyer to step into an already licensed and operational pharmacy immediately.

Asking Price

$299,000 or best reasonable offer

Buyer Requirements

Serious and financially qualified buyers only.

A minimum of $299,000 in liquid funds is required.
Proof of funds will be requested prior to a buyer-seller conference call or meeting.

Confidential Inquiry

All meetings must be scheduled by appointment only.

For more information, contact:

Mel Vaz
631-767-0157
melvaz@vestedbb.com

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