Pharmacy for Sale in New Jersey

Somerset County, NJ

Seller Financing Available

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Asking Price:$1,250,000
Gross Revenue:$5,200,000
FF&E:$100,000
Cash Flow:$310,000
Inventory:$3,200,000
Established Year:2021
BUSINESS DESCRIPTION

Pharmacy for Sale in New Jersey

LISTING ID # 36628

This well-established 35-year-old neighborhood pharmacy located in Essex County, New Jersey offers comprehensive prescription drug services for people and pets and a full range of OTC medicines, DME supplies and equipment, cosmetics, gift items, school and office supplies and so much more. And home delivery. The prescription business generates $3.1 million, and the various other items add a robust $2.1 million annually in added sales. The pharmacy is open 60 hours per week, Monday through Friday 8:30am to 7pm, Saturday 9am to 5pm and is closed Sundays. The Seller devotes 40 hours per week primarily filling scripts The pharmacy trades on its 35-year reputation; however, a new owner can significantly reduce the costs of goods and further grow the business by approaching the nearby hospital and nursing homes and assisted living facilities in the area. The business is SBA financeable and Seller financing are available for a qualified buyer. All meetings must be scheduled by appointment only!


DETAILED INFORMATION
Location
Somerset County, NJ
Inventory
Not Included in asking price
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
750,000.00 Down & $500k for 24 months @ 6.5%
Support & Training
Seller will train
Reason for Selling
Other interests
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Vested
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Vested Business Brokers, Ltd