Listing ID : 2433465
Listed On March 22, 2025 42
Listing Updated March 22, 2025
This independent pharmacy is situated in an upscale neighborhood in Somerset County, New Jersey, within the New York Metropolitan Area. It is approximately 33 miles from Manhattan and 20 miles from Staten Island. The area has developed into a thriving commercial hub for central New Jersey. The pharmacy is located in a highly visible location in the center of the busy shopping district.
Opened just over a year ago, the pharmacy has secured all necessary third-party contracts, including Medicaid. The current owner is open to either selling the business outright or partnering with an investor to implement her detailed growth strategy.
The pharmacy occupies a 4,000-square-foot space with a favorable lease agreement. Despite being in operation for just over a year, it generated over $300,000 in revenue during its first 12 months. The pharmacy processes over 100 prescriptions weekly and maintains an inventory valued at $27,000 for pharmacy goods and $47,000 for front-end merchandise.
Operating six days a week (closed on Sundays), the business is well positioned for growth. The current owner is a seasoned professional with extensive knowledge and strategic expertise, making her an ideal partner or a valuable resource for a new owner looking to build on this strong foundation.
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