Business Description

Opportunity to acquire an established, high-volume independent retail pharmacy operating in a dense, Medicaid-driven market in New Haven County, Connecticut. The pharmacy follows a retail-only model with no exposure to specialty, compounding, or long-term care, making it a clean and straightforward acquisition.

The business is fully staffed, operates compliantly, and produces strong annual revenue with clear upside for an operator willing to expand hours or enhance services. Ownership is motivated, as this represents the seller’s final remaining Connecticut location.

Business Overview

Independent retail pharmacy

Retail-only model

No specialty pharmacy

No compounding

No LTC exposure

Fully staffed and operational

Financial Snapshot (Seller Reported)

Annual revenue approximately $3.3Mrun rate

Asking price approximately $650,000 + inventory

Inventory to be negotiated separately

Prescription & Payor Mix

Retail prescription model

Balanced brand/generic mix

Medicaid-heavy payor base

All major insurances accepted

No LTC contracts

Operations & Staffing

Pharmacist-in-charge

Support technicians and delivery staff

Currently operating limited days per week

Additional operating days possible

Growth & Expansion Opportunities

Ability to extend operating hours or days

Opportunity to introduce specialty or compounding services (buyer-driven)

Improve front-end OTC and ancillary sales

Potential expansion via additional nearby licensed space (details upon NDA)

Business Highlights

Strong annual revenue

Clean retail operation with minimal complexity

Fully staffed with delivery capability

Motivated seller

Expansion and operational upside

Favorable licensing environment compared to NY

Reason for Sale

Owner is consolidating operations and exiting Connecticut to focus on other markets.

Buyer Requirements

NDA required for detailed financials

Proof of funds required prior to release of sensitive information

Pharmacy experience preferred