Business Overview:
This pharmacy, established in 1966, runs like a well-oiled machine and provides excellent income with incredible growth opportunities. Don't miss this fantastic business and superb investment, because it will not last.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Very well established pharmacy since 1966! It is extremely busy filling on average 300-400 prescriptions a day. It employs 2 pharmacists, 2 pharmacy technicians and 3 clerks. The key employees are loyal, competent, customer oriented and have worked at the pharmacy for many years. The pharmacy is located in a medical building, near a major hospital. The rent is low and the lease with an option to renew is long. It has Medi-Cal & Medicare.
Market Competition and Expansion:
The competition is very low, because of the moratorium, i.e. Medi-Cal Provider Numbers for new applicants are NOT being issued. Great expansion possibilities. Health care is an expanding industry because of the large aging population that lives longer. It has a state of the art equipment, including (a) an automated counting technology which cuts down the labor costs, increases the productivity and reduces the risk of error, (b) automated phone refill system, (c) signature capture device, (d) expensive computers.
Reason for Selling:
Other interests
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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