Neighborhood Pharmacy with Established Payer Contracts and Steady Volume

Healthcare
Kings County, NY
Asking Price:
$1,500,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

This pharmacy serves a closely knit community in a family-focused Brooklyn neighborhood, known for valuing personalized healthcare. Operating since 2013, it maintains strong contractual relationships with major insurance providers such as CVS, ESI, Optum, Humana, Medicare, and Medicaid, creating a reliable patient base and consistent revenue. Dispensing over 500 prescriptions daily, the business benefits from established patient trust and a professional team familiar with local healthcare needs. The current owner’s transition presents an opportunity to seamlessly take over operations without the typical staffing challenges, supported by a team well-versed in day-to-day demands. This business anchors itself in an environment with a stable local economy and a moderately growing population that continues to support healthcare services, offering considerable potential for someone intent on expanding patient services or enhancing community engagement.

Facilities & Infrastructure

  • Leased retail space in Brooklyn neighborhood
  • Established contracts with prominent insurance providers
  • Experienced, full team in place for operations

Property Highlights

  • Strong payer network ensuring broad patient coverage
  • High daily prescription volume supports immediate cash flow

Key Business Facts

Cash Flow
$700,000
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$11,000,000.00
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 2013
Employees N/A
Inventory
N/A
Value of unsold products, materials, or merchandise. If blank, the seller didn’t provide it.
Rent
N/A
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) 1.75%
U.S. Avg. +4.1%
Median Household Income $78,548
U.S. Avg. $74,600
Median Age 36.30
U.S. Avg. 38.9
Bachelor’s Degree+ 41.33%
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 5.10%
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 deepen community engagement initiatives
  • Potential to broaden service offerings or increase operational hours

Operation & Support

  • Comprehensive training and transition support available
  • All necessary licenses and permits maintained
  • Current owner provides established operational systems
  • Leased property with no real estate ownership obligation
  • Owner relocation catalyst for sale enabling smooth transaction

Lifestyle Fit

  • Ideal for an owner-operator focused on healthcare retail
  • Estimated owner commitment: Moderate Management (10–20 hours/week)
  • Owner role likely involves overseeing strategic growth and community relations
  • Experienced staff provide capacity for semi-autonomous management

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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