Licensed 503A Non-Sterile Compounding Pharmacy with Owned Property
Business Overview
Operating since 2010, this fully licensed pharmacy combines long-term care services with 503A non-sterile compounding specialization. It serves a diverse and populous urban community in a mixed-use building owned by the business. The pharmacy consistently manages over 45,000 prescription dispensings annually, focusing on podiatry and pain management, ensuring tailored pharmaceutical care in niche therapeutic areas. Licensed in both New York and Florida, the operation benefits from established wholesaler accounts and a micro merchant system, contributing to reliable revenue surpassing $6 million yearly. Its location within a high-density market offers continued access to a steady client base amid a moderately growing regional economy. Ownership has been stable for more than 15 years, positioning the business for seamless transition. The adjacent residential tenants provide additional income potential and stability for the property holding. Overall, this opportunity suits buyers looking for a combination of pharmacy operations with real estate asset ownership in a complex metropolitan setting.
Facilities & Infrastructure
- Owner-occupied mixed-use building with ground-floor pharmacy
- Two residential tenants on property
- Fully licensed long-term care and 503A non-sterile compounding pharmacy
- Upgraded property with modern amenities
- Separate long-term care National Provider Identifier (NPI)
- Micro merchant payment system
- Align Rx pharmacy services administrative organization (PSAO) affiliation
Property Highlights
- Combined pharmacy and residential use diversifies income streams
- Recent comprehensive upgrades enhance facility appeal and efficiency
- Dedicated LTC NPI allows specialized long-term care pharmacy services
- Location supports high volume with over 45,000 prescriptions annually
Key Business Facts
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Market Insights
Demographics (County)
Economy
Crime & Safety
Growth & Expansion
- Potential expansion of specialized compounding services
- Leverage licensing in two states for broader market reach
- Opportunity to increase prescription volume through podiatry and pain management focus
- Utilize property for additional rental income or operational space expansion
Operation & Support
- Includes support for ownership transition and training
- Fully compliant with New York and Florida pharmacy licenses
- Owner has maintained business for over 15 years
- Real estate owned separately with no current lease obligations
- Reason for sale related to personal transition, not operational issues
Lifestyle Fit
- Ideal for experienced pharmacist or healthcare business owner
- Low to moderate weekly oversight inferred given established systems
- Best suited for strategic growth leadership and pharmacy operations management
- Attractive for buyers seeking combined business and real estate investment
- Potential for semi-remote oversight supported by established technology and systems
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