32 QUEEN ST STREET

Rare opportunity to acquire the only pharmacy serving the town of Ripley, Ontario with a strong, and growing customer base. The business processes approximately 27,000 prescriptions annually and generates approximately $1.1M in total annual sales including front store, with net profit of approximately $160,000 plus approximately $84,000 in annual rebates. The pharmacy operates 51 hours per week (6 days) and is efficiently run by an owner operator pharmacist with one part time assistant, providing a streamlined operation with low overhead. Total monthly rent of only $3,000 per month including the entire building with pharmacy and residential apartment. Additional revenue streams include only ATM in town, compliance blister packaging with approximately 85 patients as well as opioid dependency programs including safe supply, methadone and Suboxone patients. An on site Nurse Practitioner walk-in clinic operates two days per week, offering private pay services and generating additional patient traffic and prescription growth. Located in a growing community with new residential development supporting long term growth. Excellent opportunity for an owner operator pharmacist or pharmacy group seeking a profitable pharmacy with strong community presence.