High Volume Retail pharmacy with 10000 sqft retail gift shop

Mercer County, NJ
Asking Price:$1,700,000
Inventory:$350,000
FF&E:$350,000
Gross Revenue:$8,031,190
Rent:$17,134/Month
Established Year:1960
BUSINESS DESCRIPTION

Thriving for 60+ Years: Premier Retail Pharmacy with Gift Department

Established for over 60 years, our independent retail pharmacy has been a cornerstone of the community. Boasting an expansive 10,000sqft gift store at the forefront, our business combines the essentials of a pharmacy with the charm of a gift emporium. This thriving venture has consistently demonstrated high profitability, achieving an impressive annual sales figure in excess of around $8,010,000. In addition to our wide array of products, we proudly offer immunization services to prioritize the health of our community. Furthermore, our convenient delivery service ensures that our customers receive the care they need right at their doorstep.

As part of our commitment to convenience, our establishment also hosts a satellite postal service (USPS), providing a one-stop destination for all your mailing needs. From pharmaceuticals to gifts and postal services, we are dedicated to serving our community with excellence and efficiency. Join us in the success story as we continue to offer quality products, personalized service, health-focused solutions, and comprehensive postal services.

Selling Price = $1,700,000 + 350,000 (Inventory)


DETAILED INFORMATION
Location
Mercer County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
9,999
Lease Expiration
17/06/2027
Employees
19
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
ScriptPro and Parat Pass robots on site. (total value of $300,000.00) Fixtures and equipment (Fridges, Freezers etc...)
Competition
Business in prime location with surrounding nursing homes and hospitals all within a few mile radius.
Growth & Expansion
Opportunity to grow as a LTC business. Many group homes nearby to acquire. Equipment already on site to facilitate the growth of LTC business (Parat Pass robot).
Support & Training
1 month support
Reason for Selling
Personal Health Reason
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Jatin Patel
Jatin Patel