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Established Compounding/ Retail Business Pharmacy In Jamaica, NY For Sale

Jamaica, New York
Asking Price:
$1,349,999 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,250,000
Cash Flow:
$565,000

-High Volume Retail Pharmacy with New York and New Jersey Registration
-PRICED TO SELL (WILL NOT LAST), just look at ROI on net cash flows.
-Approximately 250-300 mail order deliveries per week (Next day USPS Mail)
-Limited competition as far as compounding pharmacies in the area
-Heavy Traffic area next to public transportation, hospital and private practices
-All licenses such as DEA, pharmacy and state licenses are current with no lapses, issues or suspensions
-All PBM (pharmacy benefit manager) contracts current and in effect
-All compounding equipment for pharmacy in top working order

Further information available upon request, please contact seller below for further details.

Property information

Real Estate:

Lease

Lease Terms:

Current Lease is $4,282/month. Will provide lease contract with escalations. The lease is renewable in 2019.

Location:

Prime location, next to all mass transit, stores, buildings, school and hospital

Premises Details:

Approximately 1,050 square feet with 350 square feet allocated for pharmacy area

Size in square feet:
1,040

Business Operation

Competition / Market:

Almost no immediate competition for compounding, however there are many retail pharmacies near by but our patients and customers love us.

Reasons for selling:

Reason for selling is that the owner and supervising pharmacist are looking to relocate out of state and venture into other businesses.

Trading hours:

Monday - Friday 10AM - 7PM
Saturday - 10AM - 5PM
Sunday - Closed

Years established:
7

Other Information

Support & training:

All existing staff will stay, however, supervising pharmacist is looking to relocate possibly out of state within 6-8 months and will stay as long as needed if paid fair market salary.

Furniture / Fixtures value:
$40,000 - included in the asking price
Inventory / Stock value:
$65,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Seller

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