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Business for Sale Summary

Profitable Pharmacy for Sale in New Jersey - 36734

Business Type: health/beauty/nutrition supply,healthcare related services,misc. retail/non-classifiable,other personal services,pharmacies
Profitable Pharmacy for Sale in New Jersey
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Financial Information (non-confidential)

General Information
Asking Price $425,000 Down Payment $425,000
Gross Revenues $1,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $175,000 Number of FT Employees Register Free to View

Financing

$425,000 Down and

Business Description

The Seller of a profitable pharmacy in Bergen County, New Jersey has put his business up for sale after 16 years in the business. This is a long-established pharmacy in a fabulous strip center location that boasts off-street parking for dozens of vehicles. Rumored closings of two large pharmacies in the area are giving pause to the Seller’s motivation to sell. Nonetheless, he has agreed to sell and retire. The business is profitable as is and can only become more so with the injection of new blood that will go after the business from the local nursing home and assisted living facilities. There is also an opportunity to increase earnings by replacing the pharmacist on hand. The Seller works about 30 hours per week and spends about half his time writing scripts and the other half administratively. The existing pharmacist also works 30 hours per week and his pay can be absorbed by the Buyer. For more information, contact Gerald Nimberg, Senior Business Brokers, Vested Business Brokers, at 646-269-4616.

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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.