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Two Pharmacies In Brooklyn For Sale

Kings County, New York
Asking Price:
$950,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K
Cash Flow:
Under $50K

A great opportunity to own one or both pharmacies for sale by owner... prices are a bit negotiable. Two very desirable locations with no competition, high foot traffic and HUGE projections.

Pharmacy number one is Located in Starrett City asking $1.2M neg. the interior sqft is 1400sqft, no basement, has outdoor shed in place. Taxes and cleaning are a separate charge, monthly rent is $3700. 10 yr lease plus 5 year renewal option. $150,000 worth of inventory. Insurances that are ready to accept and work with are:
Medicaid
Medicare
CVS Caremark
Humana
Signa
Small insurances
Express scripts

This pharmacy has an RX30 system, state of art Point of Sale, all new and under warranty equipment. Biggest attraction is the Food bazaar opening October 14th which brings in more foot traffic to an already busy plaza. You are the only pharmacy in the plaza and in the area.

Pharmacy number two is located in Gravesend, Brooklyn is asking $950K. Monthly rent is $3300 with utilities included. It is a 1500sqft space, no basement but has outdoor space and a storage shed in the back. 10 yr lease plus 5 year renewal option. $150,000 worth of inventory.

Insurances that are ready to accept and work with are:

Medicaid
Medicare
Express scripts
CVS Caremark
Humana
Small insurances
Optum Insurance
Signa

McKesson computer system, State of the art POS system, all new equipment that is still under warranty and also has 2 refrigerators for produce sales. Ideally located across the street from six (6) residential buildings, only pharmacy in the area as the commercial space is extremely limited with no vacancies, no competition in the area.

If interested in one or both of these pharmacies, feel free to contact for more information. Seller motivated and will hear all offers.

Property information

Real Estate:

Lease

Lease Terms:

10-15 yrs with a 5 yr renewal option.

Location:

One pharmacy is located in a shopping strip with high foot traffic. The second pharmacy is the only pharmacy in a commercial strip across from 6 large residential buildings.

Size in square feet:
1,500

Business Operation

Competition / Market:

No competition

Reasons for selling:

Owner is relocating

Trading hours:

M-F 9-7pm, Saturday-closed, Sunday 10-6

Employees:
2
Years established:
2018

Other Information

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$100,000 - included in the asking price

Contact Information

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