Fully Contracted Pharmacy with Extensive Insurance Network and Strong Revenue

Healthcare
New York County, NY
Asking Price:
$2,150,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

This pharmacy, operating since 2018, offers a robust platform for investors and owner-operators interested in a well-integrated retail pharmacy within an urban market. Located in a bustling New York County neighborhood, the business benefits from established contracts with major insurers including Caremark, Express Scripts, Medicare, Medicaid, Optum, and Humana, enabling consistent patient access and diverse reimbursement channels. The approximately 2,000-square-foot facility supports streamlined pharmacy operations in a community characterized by a substantial median household income and a highly educated population. The business achieves impressive annual revenues exceeding $9 million, reflecting strong market demand and operational efficiency in a competitive environment. With leasing arrangements in place and support for owner transition, this pharmacy presents a compelling profile for acquisition. The pharmacy is positioned to leverage its extensive payer network and urban market location for ongoing patient volume and community engagement.

Facilities & Infrastructure

  • Approximately 2,000 square feet retail pharmacy space
  • Fully contracted with major insurance providers: Caremark, Express Scripts, Medicare, Medicaid, Optum, Humana
  • Leased premises with established retail layout suitable for pharmacy operations

Property Highlights

  • Wide insurance contracts ensure steady reimbursement and patient access
  • Location in a densely populated urban area supports high foot traffic and familiarity
  • Leased space offers flexibility without the financial commitment of real estate ownership

Key Business Facts

Cash Flow
$700,000
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$9,100,000.00
Total annual business income before deducting expenses
EBITDA
N/A
Earnings before interest, taxes, depreciation, and amortization.
FF&E
N/A
Furniture, fixtures, and equipment included in the sale (e.g., desks, kitchenware, machinery).
Year Established 2018
Employees N/A
Inventory
N/A
Value of unsold products, materials, or merchandise. If blank, the seller didn’t provide it.
Rent
$14,000.00 per Month
Figures presented are seller-provided or estimates and are not audited. Buyer to verify all information during diligence.

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Market Insights

Demographics (County)

Population Growth (5y) -0.29%
U.S. Avg. +4.1%
Median Household Income $104,553
U.S. Avg. $74,600
Median Age 38.90
U.S. Avg. 38.9
Bachelor’s Degree+ 64.00%
U.S. Avg. 38%

Economy

State GDP $1,793,384M
U.S. Avg. $28.8T
GDP YoY 0.66%
U.S. Avg. +2.4%
Unemployment 4.53%
U.S. Avg. 3.9%

Crime & Safety

Violent Crime / 100k 397
U.S. Avg. 380
Property Crime / 100k 1849
U.S. Avg. 1950
Note No safety note available
U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, FBI Crime Data Explorer.

Growth & Expansion

  • Opportunity to expand insurance contracts or partnerships with healthcare providers
  • Potential to enhance services or add specialty pharmacy offerings to capture niche markets

Operation & Support

  • Includes operational support and training for smooth transition
  • Fully licensed pharmacy compliant with regulatory standards
  • Leased property with manageable monthly rent commitment
  • Owner retiring to pursue other interests

Lifestyle Fit

  • Ideal for an experienced owner-operator or investor seeking established pharmacy business
  • Owner involvement not specified; inferred moderate oversight due to operational complexity
  • Suitable for buyers focusing on healthcare retail with potential for hands-on management
  • Well-positioned for operators leveraging payer networks and community reputation

Process & Next Steps

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Information deemed reliable but not guaranteed. Buyer to verify all information during due diligence.

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