High Volume Neighborhood Pharmacy
Passaic County, NJ

Financing: $1,000,000.00 Down and $650K over 4yrs. @7.5%

Reason for Selling:To focus on a new venture.

High Volume Neighborhood Pharmacy. This pharmacy is located on a very busy corner in a high traffic area. They have been serving the community for the past 9 years. They have all major insurances, including Medicare and Medicaid, and clean licenses. They average approx. 350 scripts/day. Sales have been growing year over year, for the past 3 years. Last year, the business grossed approx. $4,794,258.00, with an owner’s cash flow of approx. $412,823.00. The store is 800 sq. ft. with 3 years remaining on the lease with a rent of $4,050/mth. The lease can be extended for a well qualified buyer with good credit. The business is fully staffed with 5 F/T and 2 PT employees ( including 1 FT and 1 PT pharmacist, 3 tecs (2 FT & 1 PT), plus a driver and logistics staff. We are seeking a serious and financially qualified buyer with at least $1.13 mil. in liquid funds to cover the $1mil. down payment plus approx. $130K in inventory. Proof of funds must be provided prior to speaking with the seller. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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.