Thriving Retail Pharmacy with Strong Community Presence

Healthcare
Essex County, NJ
Asking Price:
$3,000,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

Located in a vibrant and accessible commercial corridor within a populous Essex County community, this retail pharmacy benefits from continuous foot and vehicular traffic. Open six days weekly, the business offers a broad selection of health and convenience products alongside personalized pharmaceutical services tailored to local needs. The 1,200-square-foot interior encompasses a spacious over-the-counter area that enhances product visibility and customer convenience. An efficient auto-refill program supports patient adherence and streamlines prescription management, fostering lasting customer relationships. Since its opening in 2019, the business has established a reliable reputation by emphasizing attentive care and operational efficiency. Buyers will find the combination of a loyal customer base, community engagement, and an established operational structure conducive to growth opportunities in a steadily expanding region.

Facilities & Infrastructure

  • 1,200 square feet retail pharmacy space
  • Large over-the-counter product section
  • Designated prescription fulfillment area
  • Accessible location in high-traffic commercial zone

Property Highlights

  • Efficient layout facilitates fast customer service
  • Over-the-counter area boosts ancillary product sales
  • High visibility location drives steady walk-in volume
  • Auto-refill program enhances customer retention

Key Business Facts

Cash Flow
$600,000
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$6,000,000.00
Total annual business income before deducting expenses
EBITDA
N/A
Earnings before interest, taxes, depreciation, and amortization.
FF&E
$60,000
Furniture, fixtures, and equipment included in the sale (e.g., desks, kitchenware, machinery).
Year Established 2019
Employees N/A
Inventory
Included in asking price
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) 7.63%
U.S. Avg. +4.1%
Median Household Income $76,712
U.S. Avg. $74,600
Median Age 37.70
U.S. Avg. 38.9
Bachelor’s Degree+ 37.89%
U.S. Avg. 38%

Economy

State GDP $662,320M
U.S. Avg. $28.8T
GDP YoY 2.13%
U.S. Avg. +2.4%
Unemployment 5.10%
U.S. Avg. 3.9%

Crime & Safety

Violent Crime / 100k 217
U.S. Avg. 380
Property Crime / 100k 1475
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

  • Extend operating hours or add Sunday service
  • Increase product lines to include specialized wellness items
  • Leverage digital marketing to expand local clientele
  • Develop partnerships with nearby healthcare providers

Operation & Support

  • Comprehensive training provided by seller
  • Current business licenses and pharmacy permits in place
  • Open six days per week with established workflows
  • Seller motivation centers around reprioritizing personal commitments

Lifestyle Fit

  • Ideal for operators seeking community-focused retail pharmacy
  • Low to moderate owner oversight based on six-day weekly schedule
  • Suitable for buyers aiming for hands-on management with growth potential
  • Opportunity for remote administrative oversight with strong team protocols

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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