Pharmacy for Sale in New Jersey - 36628 Business Type: health/beauty/nutrition supply,healthcare related services,medical/surgical/hospital equipment & supplies,misc. retail/non-classifiable,other personal services,owner financing available,pharmacies
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $1,250,000 | Down Payment | $750,000 |
Gross Revenues | $5,200,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $310,000 | Number of FT Employees | Register Free to View |
Financing
$750,000 Down and $500k for 24 months @ 6.5%
Business Description
This well-established 35-year-old neighborhood pharmacy located in Essex County, New Jersey offers comprehensive prescription drug services for people and pets and a full range of OTC medicines, DME supplies and equipment, cosmetics, gift items, school and office supplies and so much more. And home delivery.
The prescription business generates $3.1 million, and the various other items add a robust $2.1 million annually in added sales.
The pharmacy is open 60 hours per week, Monday through Friday 8:30am to 7pm, Saturday 9am to 5pm and is closed Sundays. The Seller devotes 40 hours per week primarily filling scripts
The pharmacy trades on its 35-year reputation; however, a new owner can significantly reduce the costs of goods and further grow the business by approaching the nearby hospital and nursing homes and assisted living facilities in the area.
The business is SBA financeable and Seller financing are available for a qualified buyer.
All meetings must be scheduled by appointment only!
To learn more, please contact Gerald Nimberg at 646-269-4616.
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.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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