$5.9 Mil Revenue Pharmacy In Newark NJ
Business Description
HS Listing ID-69070
High volume, turn key NJ operation featuring 20% year-over-year revenue growth and a delivery-focused model. Strategically located in a medical building with a built-in physician referral pipeline, the business boasts clean business with no pending audits and a Monday – Friday schedule. It offers immediate scalability through retail expansion and Long-Term Care (LTC) services.
Script Overview:
2025: 17,445 Rx ($7.1 mil revenue)
2024: 13,560 Rx ($4.9 mil revenue)
Financial Highlights:
The business is trending sharply upward, 18% increase in prescription volume.
2024 Gross Revenue: $4.9 Million
2025 Projected Revenue: $7,145,490 (MicroMerchant Report)
Total Script Volume: 17,445 for 2025 (up from 13,560 in 2024)
Inventory: ~$300k Estimated at cost (to be finalized at closing)
Operational Strengths
Staff: 1 SP (pharmacist) and 2 technicians and 2 cashiers.
Hours: Currently operating Monday – Friday (ability to immediately increase revenue by adding weekend hours)
Delivery: Optimized for delivery, allowing for lower overhead compared to traditional high-traffic retail builds.
Technology: Fully integrated pharmacy management system (details provided upon NDA).
Payroll & Employees:
(2) Cashiers are minimum wage
(1) FT SP 90 hours for FT pharmacist – $65/hour
Technicians are OPT status – they are students. 1 tech gets $45,000/year salary. Other tech gets $18/hour.
Rent & Lease Terms
Occupies a strategic ground-floor unit in a well-maintained plaza / medical building.
Rent: $5,098 (Base rent) / month + $2,000 (CAM) / Month
Lease Term: 5 years remaining with a 5-year renewal option.
CAM Inclusions: City tax, utilities (water, PSE&G), ADT security, elevator maintenance, fire safety, and waste removal.
Regulatory & Compliance
Contracts: All PBM and insurances are active, current, and in good standing.
Audits: No pending audits; clean history with all major payers.
Licensing: Fully compliant with the New Jersey State Board of Pharmacy and DEA.
Stability: The established SP provides continuity for licensing and insurance credentialing during the transition.
Growth Opportunities
Retail Expansion: The location has high visibility; active marketing to local foot traffic could significantly boost OTC and walk-in margins.
LTC Contracts: Currently, the pharmacy does zero Long-Term Care business. Adding LTC accounts would provide high-margin, recurring revenue.
Clinical Services: Space and location are ideal for adding immunizations, MTM services, or point-of-care testing.
Expanded Hours: Opening on Saturdays could capture local demand currently being diverted to competitors.
Transition & Support
The seller is committed to a smooth handover and will provide reasonable training and transition support. The current staff, including the SP, are available for retention discussions, ensuring the “institutional knowledge” of the delivery routes and patient base remains with the business.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
High volume, turn key NJ operation featuring 20% year-over-year revenue growth and a delivery-focused model. Strategically located in a medical building with a built-in physician referral pipeline, the business boasts clean business with no pending audits and a Monday – Friday schedule. It offers immediate scalability through retail expansion and Long-Term Care (LTC) services.
Script Overview:
2025: 17,445 Rx ($7.1 mil revenue)
2024: 13,560 Rx ($4.9 mil revenue)
Financial Highlights:
The business is trending sharply upward, 18% increase in prescription volume.
2024 Gross Revenue: $4.9 Million
2025 Projected Revenue: $7,145,490 (MicroMerchant Report)
Total Script Volume: 17,445 for 2025 (up from 13,560 in 2024)
Inventory: ~$300k Estimated at cost (to be finalized at closing)
Operational Strengths
Staff: 1 SP (pharmacist) and 2 technicians and 2 cashiers.
Hours: Currently operating Monday – Friday (ability to immediately increase revenue by adding weekend hours)
Delivery: Optimized for delivery, allowing for lower overhead compared to traditional high-traffic retail builds.
Technology: Fully integrated pharmacy management system (details provided upon NDA).
Payroll & Employees:
(2) Cashiers are minimum wage
(1) FT SP 90 hours for FT pharmacist – $65/hour
Technicians are OPT status – they are students. 1 tech gets $45,000/year salary. Other tech gets $18/hour.
Rent & Lease Terms
Occupies a strategic ground-floor unit in a well-maintained plaza / medical building.
Rent: $5,098 (Base rent) / month + $2,000 (CAM) / Month
Lease Term: 5 years remaining with a 5-year renewal option.
CAM Inclusions: City tax, utilities (water, PSE&G), ADT security, elevator maintenance, fire safety, and waste removal.
Regulatory & Compliance
Contracts: All PBM and insurances are active, current, and in good standing.
Audits: No pending audits; clean history with all major payers.
Licensing: Fully compliant with the New Jersey State Board of Pharmacy and DEA.
Stability: The established SP provides continuity for licensing and insurance credentialing during the transition.
Growth Opportunities
Retail Expansion: The location has high visibility; active marketing to local foot traffic could significantly boost OTC and walk-in margins.
LTC Contracts: Currently, the pharmacy does zero Long-Term Care business. Adding LTC accounts would provide high-margin, recurring revenue.
Clinical Services: Space and location are ideal for adding immunizations, MTM services, or point-of-care testing.
Expanded Hours: Opening on Saturdays could capture local demand currently being diverted to competitors.
Transition & Support
The seller is committed to a smooth handover and will provide reasonable training and transition support. The current staff, including the SP, are available for retention discussions, ensuring the “institutional knowledge” of the delivery routes and patient base remains with the business.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Rent
- $5,098.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2456537
- Listing Views
- 6
Listing ID: 2456537 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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