MergerPlace

Pharmacy for Sale

New Jersey (Morris)


  • Asking Price: $299,000
  • Gross Income: $1,200,000
  • Cash Flow: $150,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #225021
  • Established: 90
  • Employees: 2ft 3pt

Business Description

Excellent neighborhood pharmacy, established over 90 years for owner/operator 15 spots parking available, presently much room for growth: expansion of hours, delivery service, extensive internet marketing, and no surgical supplies nearby, and lottery license currently available. All insurance contracts in good standing. Store not in "hot" zone.


Business Details

Primary Business Category: Retail Trade - Drug Stores, Pharmacies
Location: New Jersey
County: Morris

Company Information

Year Established: 90
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2ft 3pt

Financial Information

Asking Price: $299,000
Gross Revenue: $1,200,000
Cash Flow: $150,000
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

Increase open hours, mass marketing/advertising via internet/website development, lottery may be available (deli next door recently lost license), deliveries will increase business, surgical supplies are not in the local area,

Competition:

Only independent in town

Reason for selling:

Seller retiring after 30 years

Support & Training:

Seller will assist throughout the transition

Contact Business Seller

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Business Listed By:

Vince Hsia

Executive Business Brokers