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Busy Pharmacy In Queens For Sale

Queens, New York, US
Asking Price:
Sales Revenue:
Cash Flow:

• Owner is retiring; She has been a pharmacist for approximately 21 years, but only in this location for 14 years as sole owner • No previous ownership. • She is no longer accredited as a durable medical equipment (DME) provider. She canceled her bond. However, there is basement storage available for inventory if the new owner is interested in becoming (or already is) a DME provider. • She takes all types of insurance plans. • Currently opened 4 days a week (M, T, W, F) and a few hours on Saturday (not open on Thursday). New owner can be opened 6-7 days/week and gross revenue closer to $1M • Revenue generated per month in OTC sales is $2K - $3K ($24K – $36K per year). This amount could be increased with expansion & placement of merchandise, DME sales, coupon/ promotions, etc. • 1500 Rx per month; no compounding • 1000 sq ft store; assignable lease, 2 years remaining on lease as of 2/26/22 • 1 FT employee and 1 PT (technician); use to have a 2nd pharmacist; Her pharmacist husband helps her, as needed • No high foot traffic; No parking • Relocatable to another location anywhere in the state of NY, if desired • Monthly Rent: $5,850 • Value of Inventory: $150K • Owner Financing of $400K, 5% for 24 months • Owner willing to provide support & training for 1 month to new owner

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Business Operation

Reasons for selling:


Years established:

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

350,000.00 Down & $400k at 5% for 24 months

Furniture / Fixtures value:
Inventory / Stock value:

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