Profitable Pharmacy in Long Beach -Retail & Cmpndg

Long Beach, CA
Los Angeles County

Long Beach, California

Asking Price: Annual Revenue:
$795,880 $800,650

Retail: Health, Beauty, Nutrition

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RE: Profitable Pharmacy in Long Beach -Retail & Cmpndg Broker: Alejander Levitan
License #: 01272205
Owner Financing is Available!
For qualified buyer with large downpayment.

Quick Facts

Asking Price: $795,880
Annual Revenue: $800,650
Net Profit: $400,235
Cash Flow: $400,235
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 3
BBN Listing #: 642752285
Broker Reference #: LongBeachRX

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Business Overview:

Great opportunity to invest and operate recently established pharmacy [2017] located in Long Beach, Los Angeles County near LB Convention Center and Aquarium of the Pacific. At the present time, there is 1 PharmD/PIC, 1 tech, 1 clerk and 1 driver. All major insurances are accepted. Pharmacy is doing 40-50 prescription a day, including compounding and specialty medications with high profit margin. Medicare/Medi-Cal/Cigna, Express Scripts, CVS/Caremark, Optum/DEA/ARETE Co-Op. Opportunities for servicing patients requiring controlled meds. Enterprise Software. The pharmacy is about 1,100 square feet. Over $50,000 was spent on tenant improvements and pharmacy equipment. Inventory of about $100,000 is not included in price. For last few years this pharmacy was grossing $1.6M and netting around $400,000. Save time and headache opening new [Sterile, Non Sterile/Retail Compounding Pharmacy and applying for all insurances. PIC may stay if needed for a reasonable amount of time. NO marketing has yet been done. 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 or email us, and request an NDA.

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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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.

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