Retail Pharmacy In Burbank's Busy Street!

Burbank, CA
Los Angeles County

Burbank, Los Angeles County

Asking Price: Annual Revenue:
$165,000 $36,815

Retail: Health, Beauty, Nutrition

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RE: Retail Pharmacy In Burbank's Busy Street! Broker: Alex Levitan
License #: 01272205

Quick Facts

Asking Price: $165,000
Annual Revenue: $36,815
Net Profit: $3,650
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 1
BBN Listing #: 969952285
Broker Reference #: BurbankRX

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Business Overview:

Great Opportunity to invest in a Retail Pharmacy located in the heart of Burbank, in close proximity to Burbank Airport, 134, 5, 170 and 101 Highways. Free standing building on one of the busiest streets of Burbank. Great visibility, convenient parking. At the present time, there is 1 PharmD/PIC and 1 tech running this pharmacy. Most of major insurances contracted, PSAO Access Health, DEA, Medicare D. Opportunities for servicing patients requiring controlled meds. Pioneerl RX Software. The pharmacy is about 650 sf. Monthly lease is $2,200. Over $20,000 was spent on tenant improvements and pharmacy equipment. 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 opportunities to reach out to multiple LTC facilities in the area. At the present time the lease is month to month. Landlord will gladly assign excellent lease terms and options. Wholesaler is McKesson. Open 5 days a week. Motivated seller may consider management agreement with qualified buyer. All licenses and insurance contracts are in good standing. No seller financing. Cash buyers only please.

Call Alex Levitan- Pacific Business Brokers, 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. Please note that financial statements will be presented to potential buyers only upon verification of liquid funds.

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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.

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