Business For Sale

Services: Medical, Dental


Well Established and Profitable Pharmacy!!

Los Angeles, CA

Asking Price: Annual Revenue:
$1,188,986 $3,653,896

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RE: Well Established and Profitable Pharmacy!! Broker: Alex Levitan Pacific Business Brokers

Quick Facts

Asking Price: $1,188,986
Annual Revenue: $3,653,896
Net Profit: $486,995
Cash Flow: $486,995
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 6
Listing Number: 721352285

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Business Overview:

Great opportunity to invest and operate the profitable and well established Retail pharmacy established in 1997. The Pharmacy is located in the beautiful business/residential area La Habra and Whittier inside a medical building, across a street from a local hospital. At the present time, there are 2 PharmDs [One Owner/PharmD can run the shop]. All major insurances are accepted. Pharmacy is doing 150-175 prescription a day from local pedestrian traffic and patients of medical offices located in the building. Medicare/Medi-Cal/Most Private Insurances/DEA/ARETE Co-Op. Average for last few years is 3.4M-3.6M. Opportunities for servicing patients requiring controlled meds. Etreby Software. The pharmacy is about 1,850 square feet. Over $100,000 was spent on tenant improvements. Inventory of about $100,000 is not included in price. Save time and headache opening new [Sterile, Non Sterile/Retail Compounding Pharmacy and applying for all insurances. PIC would like to stay if needed for a reasonable amount of time. NO marketing has yet been done. AT ALL! Great opportunity to reach out to local RCFEs, LTCs and Assisted Living Facilities, etc. Excellent lease terms and options. Wholesalers are McKesson. Open 5 days a week. Motivated seller may consider management agreement with qualified buyer. All licenses and insurance contracts are in good standing.

Contact Alex Levitan- Pacific Business Brokers, and request an NDA or email us.

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. All of the above information per Seller, please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.

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Property Features and Assets:

Medical Building, across from a local Hospital.

Market Competition and Expansion:

No marketing has been done. Great opportunities to expand!

Reason for Selling:

Retiring

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.

Resources:

Relevant Links:

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