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Pharmacy Practice For Sale - Cherry Hill, NJ

Long Term Care Pharmacy Practice - $3,500,000

Established Long Term Care Pharmacy Sold!

1st Med Transitions is pleased to introduce a Closed Door, Long Term Care Pharmacy that is for sale in New Jersey. The pharmacy has been in business for over 10+ years providing provide various services such as multi-dose or single dose packs and medical supplies. Their service area covers Central New Jersey and surrounding areas.

The pharmacy services approximately 30 facilities with a total of ~3,600 beds. Gross revenue has been steady, averaging over $16MM during the past 3 years.

70% of business comes from word of mouth, as they have an excellent reputation in the industry for quality service and a quick turn-around time. A new owner / partner could easily grow the business by implementing new marketing strategies

The staff is expected to stay on and the sellers will accommodate a transitional period as needed. The asking price for this opportunity is $3.5 Million.

If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.


Location:


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Practice Info:

  • Practice Type: Long Term Care
  • Collections: $16,800,000
  • # of Docs: 1
  • # of Hygienist: 7
  • # of Operatories: 0
  • Square Feet: 8,000
  • Practice Started: 10+
  • Practice Owned: 10+
  • Practice Status: Sold
  • Practice ID: 36

Contact The Listing Broker

Michael Furlong Senior Transition Advisor (800) 815-0590

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