Business Overview:
EXCELLENT OPPORTUNITY TO ACQUIRE PROFITABLE HOLDING OF 3 PHARMACIES, LOCATED IN BUSY COMMERCIAL AND RESIDENTIAL AREA OF RIVERSIDE, THE OLDEST PHARMACY WAS ESTABLISHED IN 1956 AND UNDER CURRENT OWNER SINCE 1993. THE SECOND PHARMACY WAS ESTABLISHED IN 1975 AND UNDER CURRENT OWNER SINCE 2001. THIRD WAS ESTABLISHED IN 2008. LOCATED INSIDE MEDICAL BUILDING IN NEWLY DEVELOPED AREA OF MORENO VALLEY IN RIVERSIDE. LOYAL CLIENTELE, MEDICAL, MEDICARE, PRIVATE INSURANCES ARE ACCEPTED, OLDER PHARMACIES FILL AROUND 3,000 PRESCRIPTIONS PER MONTH EACH, AND THE NEWEST ONE FILL AROUND 1,200 PER MONTH AND GROWING DUE TO NON-EXISTING COMPETITION AROUND. OPEN 6 DAYS A WEEK. PHARMACIST CAN STAY PART TIME AFTER ACQUISITION PER BUYER’S REQUEST. DME ADDS ADDITIONAL REVENUE. LONG LEASE TERMS. AMPLE PARKING. PHARMACIES CAN ALSO BE SOLD SPARATELY, ONE BY ONE. PER 2008 P&L, HOLDING GROSSED $4,579,209 AND NET WITH ADD BACKS IS AROUND $1,000,000. FINANCIAL STATEMENTS, INVENTORY COUNT AND ANY ADDITIONAL INFORMATION WILL BE GLADLY PRESENTED TO QUALIFIED BUYERS DURING DUE DILIGENCE. PROOF OF FUNDS IS REQUIRED. SELLER IS MOTIVATED. CALL ALEX LEVITAN, AT 818-640-8080 OR 818-342-5222 EXT. 330 OR SUBMIT THE CONFIDENTIALITY AGREEMENT ONLINE AT WWW.SUNBELTCA.COM – CONFIDENTIALITY AGREEMENT- SUBMIT ONLINE-PREFERRED BROKER ALEX LEVITAN.
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.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.