Independent Retail Pharmacy – Essex County

Listing Details

Healthcare Practice

Listing Id:

7316

Location:

Essex County, NJ

Real Estate:

Size of Space:

0

Lease Expiration:

Rent:

0

Employees:

0

Asking Price:

400000

Cash Flow (SDE):

0

EBITDA:

0

Gross Revenue :


0

Established:

Reason for Selling:

Not able to gain access to OptumRx network

Business Description

This retail independent pharmacy, acquired in November 2023, is already dispensing 40+ prescriptions per day with a strong focus on GLP-1 brand-name medications. Strategically located inside a busy supermarket chain and adjacent to a high-traffic urgent care center, the pharmacy enjoys a steady stream of prescription volume and customer engagement.

Location Highlights:

500 sqft space designed for efficient operations
Prime placement inside a supermarket with built-in foot traffic
Adjacent to an urgent care center, providing a consistent source of prescriptions

Insurance Contracts:

PSAO: Elevate Active.
Insurance Contracts: All active except Optum. Current owner was not able to gain access to Optum Rx’s network.
Medicare: Active.
NJ Medicaid: Active.

Pharmacy Software: BestRx
Pharmacy Primary Wholesaler: ABC

For more details & to receive confidential information & with more sensitive info, prospective buyers will be required to:

1. Execute an NDA
2. Provide proof of identity unless a face-to-face or video conference occurs prior to receiving confidential information
3. Provide proof of funds

If you have any questions, please feel free to reach out to:

Mohamed Abdelgowad, RPh, CBI
President
M&A Healthcare Group

Business Listed By:

Mohamed Abdelgowad, RPh, CBI

M&A Healthcare Group

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