Listing ID : 2433384
Listed On March 22, 2025 90
Listing Updated March 22, 2025
This well-established independent pharmacy is situated on a highly visible corner of a commercial shopping street within a vibrant commercial and residential neighborhood in Essex County, Massachusetts, approximately 25 miles north of Boston.
Owned and operated by the family’s third generation, the pharmacy has been a trusted community fixture since its founding in 1905. The current owner owns the building, and the business is proud to remain independent, with no intention of selling to a chain currently operating in 2500 SF.
While the pharmacy operates at a lower volume, it holds significant untapped potential. It is the only independent pharmacy in the area, offering ample opportunity for growth in various areas, including service expansion and operational improvements. Currently, the pharmacy does not offer delivery, immunizations, or COVID-19 testing and vaccinations, leaving room for these valuable services to be introduced.
Key Business Details:
Location: Beautiful village in Essex County, MA, with a commercial and residential mix
Ownership: Family-owned, third-generation business
Years in Operation: Opened in 1905
Retail Prescriptions: 16,358 filled from 11/1/2023 to 10/31/2024 (approx. 315 scripts per week)
Gross Sales: $1.45 million (Last Twelve Months)
Cash Flow: P&L cash neutral
Controlled Substances: 9% of total prescriptions
Covid Vaccines: 0% administered
Flu Vaccines: 0% administered
Cash Sales: 6%
Medicaid: <1% of prescriptions
Deliveries: Approximately 3 deliveries per week
Compounding: Not offered
Special Packaging: Not offered
Long-Term Care (LTC): Not serviced
Durable Medical Equipment (DME): Negligible
Operating Hours: Mon-Fri: 8:00am – 6:00pm; Sat: 8:30am – 1:00pm; Sun: Closed
Lease Terms: $2,200/month (building is owned by the current owner)
Opportunities for Growth:
Expanding services such as immunizations, and delivery
Addition of 340B, compounding, specialty
Improving purchasing practices to enhance margins
Extending hours of operation to capture additional business
This pharmacy is a cornerstone of the community, offering a solid foundation for future growth and development under the right ownership.
Contact Listing Owner
420 Property: Search Cannabis Businesses For Sale
A highly sought-after Florida Medical Marijuana Treatment Center (MMTC) license platform is now being offered, representing one of the most powerful a
Green Life Business Group® International is pleased to present a compelling cross-border acquisition opportunity in Mexico. This offering involves a
Cash Flow: $75,053
Annual cash flow is over $75,000 — Mobile Pet Grooming Franchise (Triad, NC) Opportunity to step into a turnkey, dynamic mobile pet grooming fran
An exceptional opportunity to acquire a EBITDA Positive, well-established San Francisco cannabis retail portfolio featuring three strategically posit
Cash Flow: $93,900
First established in 1964, this custom machine shop provides A-Z design and production services for a wide range of customers. A classic tool and stam
Cash Flow: $187,870
This well-established and fully virtual SaaS platform offers a powerful, turnkey solution for eBook digital rights management (DRM), fulfillment, and
Cash Flow: $507,200
This Propane Distribution Company is a long-standing provider of propane and ancillary propane related accessories serving the Greater Cincinnati, Nor
Cash Flow: $172,000
This Gas, Fuel & Oil Distribution Company is a long-standing provider of home heating oil, commercial diesel and gasoline distribution serving the
Rare Cannabis Manufacturing & Distribution Facility for SaleType 7 Volatile Manufacturing + Type 11 Distribution | Real Estate IncludedSan Benito
Contact Listing Owner
Featured Listings
Recent Listings
Listings You May Also Like
Sacramento, CA, USA
Excellent opportunity to acquire an active California cannabis delivery business in the Sacramento market. With an active non-storefront retail delive
New Jersey, USA
An opportunity is available to acquire a New Jersey Class 5 Retail Cannabis License, offering the ability to establish a storefront dispensary anywher
New Jersey, USA
A rare opportunity is available to acquire New Jersey cannabis cultivation and manufacturing licenses. The new owner has the ability to relocate the
Sacramento, CA, USA
Take advantage of this rare opportunity to acquire a well-established, non-storefront cannabis delivery operation serving the Sacramento market since