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Hi Volume Specialty Pharmacy In Richmond County For Sale

Richmond County, New York, US
Asking Price:
$2,500,000
Sales Revenue:
$14,253,614
Cash Flow:
$1,128,765

Long, well established (19 years) hi volume specialty pharmacy in hi traffic location in middle/upper middle class Staten Island area. One of the few pharmacies to be specialty drugs accredited (3yrs) with ACHC & also accredited with exemplary provider for DME!!!. Average of over 500 scripts per day plus DME scripts. Specialty prescriptions include Hepatitis C, Cardiovascular, Ulcerative Colitis, Osteoporosis, psoriasis, transplants, wound care, gout, diabetic foot sores, etc. Free over night delivery to the 5 boroughs. This beautiful pharmacy offers fully stocked OTC vitamins, cosmetics, health, and personal care items of about $1500 to $2000 per week in sales. Add approx. $100,000 per year in lotto commissions. Average annual sales over the past three years have been over $ 14 million dollars per year. Very profitable top 20 drugs. DME includes diabetic and orthopedic shoes, test strips, wound care, walkers, braces, incontinent supplies, etc. Opportunity to supply more DME items to clients. Assists their pharma partners with marketing and drug trials. Well versed in the regulations for the dispensing of specialty medicines. Closed Sundays which is an opportunity for a new buyer. Seller willing to stay on to assist buyer for up to 6 months. All insurances accepted, Medicare, Medicaid, Integra, third party billing. Caremark and Express scripts, etc. Specialty accreditations. Located near several hospitals facilities and many referring medical practices. Over 1,000 sq. ft plus basement. 5 years with 5-year option. 11 employees (3FT,8PT) including 3 techs and an intern. No audits, all major insurances, and clean licenses. All furniture, fixtures and equipment is included in this business for the qualified buyer to acquire quickly. Reason for sale is the relocation of the seller. Gross sales in Business Profile is the average of gross sales for the past 3 years ($ 14m) including 2020 with owner net cash flow of over $ 1.1m for 2019. We are seeking a serious and financially qualified pharmacist owner operator with at least $2m in liquid funds to cover the asking price down payment plus $300k for the inventory. This must be provided prior to speaking with or meeting with the seller. Please do not speak with anyone when visiting the location. All meetings must be scheduled by the broker. Proof of funds is required. Contact broker Joseph Stansky for more information.
For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33912 for instant access to this business information.

Business Operation

Reasons for selling:

Relocation

Employees:
3FT/8PT
Years established:
2001

Other Information

Support & training:

Seller will train

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

1,700,000.00 Down & $800,000 over 3yrs @5%

Furniture / Fixtures value:
$200,000
Inventory / Stock value:
$350,000

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