Pharmacy Business for Sale — University Avenue, Toronto
Experienced Pharmacy Owner / Operator | Strategic Downtown Toronto Opportunity
Premium Ground-Floor University Avenue Frontage | 20+ Year Medical Centre | Lease Through 2036 + Extension Option
Location: 70 University Avenue, Toronto
Target Transition: Early to Mid September 2026
This is a pharmacy acquisition opportunity, not a salaried pharmacist position.
The Prospect
Acquire a new pharmacy opportunity located within an established medical centre that has been operating for more than 20 years.
The fully built pharmacy occupies premium ground-floor, street-facing space directly on University Avenue, providing strong visibility, direct patient access and prominent signage exposure.
The medical centre is supported by an established medical management organization with multiple clinics across the GTA, providing an experienced healthcare platform rather than requiring a new pharmacy owner to build a medical network from scratch.
Prescription-Growth Potential
The University Avenue location currently includes:
- Two full-time family physicians, Monday–Friday
- OHIP-covered walk-in medical care
- Orthopedic specialist group clinic
- Foot clinic / chiropody services
- Multidisciplinary physical therapy clinic
Why This Opportunity
Premium location
Ground-floor, street-facing University Avenue frontage in downtown Toronto.
Established medical platform
20+ years of healthcare operations, with an experienced medical management partner operating multiple clinics across the GTA.
New pharmacy opportunity
The buyer is acquiring the opportunity to establish and build a new pharmacy operation within an established medical environment.
Long-term occupancy
Underlying lease secured through 2036,
with an option to extend.
Financial Structure
There are two components to the prospect:
1. Pharmacy acquisition
The successful candidate will purchase the pharmacy business/opportunity.
2. Monthly licence and overhead
Following acquisition, the operator will enter into a monthly licence agreement for the pharmacy space plus applicable agreed overhead expenses.
The underlying medical-centre real estate is not for sale.
Specific acquisition price, monthly licence fee, overhead and transaction terms will be discussed confidentially with qualified candidates.
Ideal Candidate
We are seeking an experienced and financially qualified pharmacy owner/operator.
Strong candidates include:
- Existing pharmacy owners
- Experienced pharmacy operators
- Established pharmacy groups
- Experienced pharmacy managers ready for ownership
- Pharmacist entrepreneurs with substantial community pharmacy experience
Candidates should have demonstrated experience with pharmacy operations, staffing, inventory, profitability and prescription growth, along with the financial capacity to acquire and properly capitalize the business.
Financial Requirements
The buyer must have sufficient capital to:
- Complete the acquisition
- Fund inventory and working capital
- Staff and operate the pharmacy
- Invest in business development and prescription growth
Timing
The goal is to complete the transition by early to mid September 2026, in time for busy Q4 of 2026.
Qualified candidates must be prepared to move quickly through due diligence, transaction documentation, regulatory requirements and operational transition.
Serious, experienced and financially qualified pharmacy operators only. Inquire at
[email protected]
Pay: $200,000.00-$2,000,000.00 per year
Work Location: In person
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