Retail Pharmacy Opportunity — Morris County, NJ

This independent pharmacy is located on a main road within a neighborhood shopping center that includes 12 other retail businesses. The roadway runs through the center of a well-populated residential community, providing consistent local traffic and visibility.

The pharmacy operates from approximately 1,100 square feet and is a low-volume operation. Monthly rent is under $3,000, and the landlord is open to negotiating new lease terms for a new owner.

Annual sales, for this low volume pharmacy, are approximately $500,000, with positive net income. Payer and script mix is favorable: Medicaid accounts for about 20% of prescriptions, controlled substances represent less than 8%, and cash prescriptions are under 2% of total script volume.

All licenses and agreements are in good standing, with no ongoing audits or disciplinary actions.

The owner is planning to retire and has reduced operating hours, with the pharmacy currently closed on weekends. Extending hours of operation presents a significant opportunity for immediate growth.