Neighborhood Pharmacy With Established Provider Contracts and Strong Revenue

Healthcare
New York County, NY
Asking Price:
$2,250,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

This well-positioned pharmacy has become a vital healthcare hub in a dynamic urban neighborhood, serving a diverse and loyal clientele with a robust mix of prescription and over-the-counter offerings. Since its inception in 2021, it has continuously fulfilled community healthcare needs, supported by extensive contracts with major insurers including Medicaid, Medicare, and several large pharmacy benefit managers. The business benefits from significant daily prescription activity, reinforcing its role as a dependable source for essential medications in a high-density residential and commercial environment. Situated in New York County, the pharmacy leverages access to a highly educated population with above-average household incomes, within a region known for its economic resilience. Operational support systems are in place, providing a foundation for either hands-on or strategic ownership focused on community engagement and service expansion.

Facilities & Infrastructure

  • Leased retail space in a busy, urban setting
  • Provisioned for high daily prescription volume
  • Operational spaces supporting over-the-counter sales
  • Systems in place for handling multiple insurance contracts

Property Highlights

  • Location supports consistent foot traffic and customer retention
  • Access to broad provider networks enhances patient services

Key Business Facts

Cash Flow
$700,000
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$7,200,000.00
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 2021
Employees N/A
Inventory
N/A
Value of unsold products, materials, or merchandise. If blank, the seller didn’t provide it.
Rent
$12,000.00 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 broaden product lines within OTC segment
  • Potential for expanding insurance network contracts and service hours

Operation & Support

  • Comprehensive operational support available during transition
  • Fully contracted with major insurers including Medicaid and Medicare
  • Owner currently spends moderate hours, facilitating a manageable workload
  • Leased premises with stable rental terms
  • Ownership change driven by desire to reduce travel commitments

Lifestyle Fit

  • Ideal for experienced pharmacy professionals seeking ownership
  • Suitable for buyer aiming for moderate oversight (estimated 10-20 hours/week)
  • Fits operators focused on community-oriented healthcare delivery
  • Potential for semi-absentee management with strong team support

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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