Retail Pharmacy – Upstate New York

This profitable retail pharmacy is located in a picturesque, historic town in Cayuga County, within the Central New York, Finger Lakes region. The business operates on a main commercial street and benefits from ample off-street parking.

All licenses, permits, and third-party agreements are in good standing, with no outstanding audits or disciplinary actions. The pharmacy has been owner-operated at its current, updated location since 2002. The owner is motivated to retire and plans to focus on travel and time with family.

The pharmacy fills approximately 68,000 prescriptions annually. Total revenue for 2025 was just under $8.8 million, reflecting consistent year-over-year growth over the past several years. Net income for 2025 was just under $200,000.
New York Medicaid accounts for approximately 25% of total prescription volume. Controlled substances across all schedules represent just over 8% of scripts, while cash prescriptions comprise approximately 7% of total volume. Recently established 340B contracts represent a meaningful opportunity for future growth. In addition, the pharmacy processes a limited number of prescriptions each week for independent and assisted living facilities, presenting another potential growth avenue.

The pharmacy is well equipped with Parata automation and is capable of dispensing compliance packaging via Dispill. Front-end OTC sales, generated from a relatively small retail area, total approximately $85,000 annually.

The pharmacy currently operates five days per week, offering additional upside through expanded hours of operation. An excellent lease is in place with favorable terms and renewal options, and the landlord is open to negotiating new terms if desired.

This is a true turn-key operation and an excellent opportunity for a new owner to acquire a stable, growing pharmacy and immediately “hit the ground running”.