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Business for Sale

Well Established Pharmacy for Sale
Queens County, NY

Listing #37363

   
Financial Information (non-confidential)
Asking Price $1,120,000.00 Gross Revenues $1,200,000.00
Down Payment $1,120,000.00 Owner’s Cash Flow $200,000.00

Financing: $1,120,000.00 Down and

Reason for Selling:Retirement

The owner is preparing for retirement after approximately 21 years as a pharmacist, including 14 years as the sole owner of this location. There has been no prior ownership, and the pharmacy is no longer accredited as a durable medical equipment (DME) provider. The DME bond has been canceled; however, basement storage is available for inventory should a new owner wish to obtain DME accreditation or already hold it. The pharmacy accepts all major insurance plans and is currently open four days per week (Monday, Tuesday, Wednesday, and Friday), with limited hours on Saturday. A new owner could expand operations to six or seven days per week, potentially increasing gross revenue to nearly $1 million annually. This Pharmacy does not sell Specialty Medicine. There is a huge opportunity for growth. Please contact Joann Santella for more information 516-458-5915.

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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.
Joann Santella
Senior Business Broker
516-458-5915
jsantella@vestedbb.com
Servicing Area:
Nassau County, NY
Joann  Santella

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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