$4M Revenue | Retail Pharmacy + Full Front-End Market - NC
Business Description
Business Overview
This 7,500 sq ft business operates as a combined pharmacy and full retail market (grocery, food & beverage, OTC, DME). Both operations are integrated under one unified business, offering a unique, diversified revenue stream in a high-growth area.
Revenue & Financial Overview
Total Annual Revenue: ? $4,000,000 (combined pharmacy + market)
Pharmacy Metrics:
Scripts per day: 100–130 average
Mix of retail prescriptions, long-term care, and group homes (long-standing relationships, no formal contracts)
Vaccination business with strong partnerships with local schools and businesses
Pharmacy Gross Profit Margin: 25–28%
Front-End Market Metrics:
Grocery / Food & Beverage and OTC products
Retail store operations
Gross Profit Margin: ~35%
Staffing Structure (14–15 Employees)
Pharmacy:
1 Full-Time Pharmacist (owner’s spouse)
1 Part-Time Pharmacist
2 Full-Time Pharmacy Technicians
1 Part-Time Clerk
Market / Front Store:
1 Full-Time Front-End Manager
2 Full-Time Shift Leads
Remaining staff are Part-Time Clerks / Cashiers
Notes:
Staff is trained and experienced
Team willing to remain post-sale
Ownership & Transition
Owner is not a pharmacist; spouse currently runs the store
Spouse is open to staying on as Pharmacist or Pharmacy Manager post-sale
Seller willing to provide 1-year training & transition support
Reason for Sale
Desire to step away from ownership responsibilities
Lease Information
Lease Remaining: 8 years
Monthly Rent: ~$24,000 (includes CAM, reconciled annually; potential refunds depending on operating expenses)
Annual rent increase capped at 2.5%
Compliance & Risk
No pending audits or insurance issues
Established 10-year operational history
Single P&L (no separation between pharmacy and front store)
Operational Strengths
Prime location with neighborhood growth and nearby 38-story development (future traffic boost)
Diversified revenue streams: retail, LTC, vaccines, market
Healthy GP margins: Pharmacy (25–28%), Front-End Market (~35%)
Long-standing relationships with group homes and local businesses
Staff continuity likely
Owner willing to stay operationally involved post-sale
This 7,500 sq ft business operates as a combined pharmacy and full retail market (grocery, food & beverage, OTC, DME). Both operations are integrated under one unified business, offering a unique, diversified revenue stream in a high-growth area.
Revenue & Financial Overview
Total Annual Revenue: ? $4,000,000 (combined pharmacy + market)
Pharmacy Metrics:
Scripts per day: 100–130 average
Mix of retail prescriptions, long-term care, and group homes (long-standing relationships, no formal contracts)
Vaccination business with strong partnerships with local schools and businesses
Pharmacy Gross Profit Margin: 25–28%
Front-End Market Metrics:
Grocery / Food & Beverage and OTC products
Retail store operations
Gross Profit Margin: ~35%
Staffing Structure (14–15 Employees)
Pharmacy:
1 Full-Time Pharmacist (owner’s spouse)
1 Part-Time Pharmacist
2 Full-Time Pharmacy Technicians
1 Part-Time Clerk
Market / Front Store:
1 Full-Time Front-End Manager
2 Full-Time Shift Leads
Remaining staff are Part-Time Clerks / Cashiers
Notes:
Staff is trained and experienced
Team willing to remain post-sale
Ownership & Transition
Owner is not a pharmacist; spouse currently runs the store
Spouse is open to staying on as Pharmacist or Pharmacy Manager post-sale
Seller willing to provide 1-year training & transition support
Reason for Sale
Desire to step away from ownership responsibilities
Lease Information
Lease Remaining: 8 years
Monthly Rent: ~$24,000 (includes CAM, reconciled annually; potential refunds depending on operating expenses)
Annual rent increase capped at 2.5%
Compliance & Risk
No pending audits or insurance issues
Established 10-year operational history
Single P&L (no separation between pharmacy and front store)
Operational Strengths
Prime location with neighborhood growth and nearby 38-story development (future traffic boost)
Diversified revenue streams: retail, LTC, vaccines, market
Healthy GP margins: Pharmacy (25–28%), Front-End Market (~35%)
Long-standing relationships with group homes and local businesses
Staff continuity likely
Owner willing to stay operationally involved post-sale
About the Business
Real Estate
- Owned or Leased
- Leased
Listing Info
- ID
- 2472381
- Listing Views
Listing ID: 2472381 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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