Business For Sale

Great Location on a Large Hospital Campus!!!

Bakersfield, CA
Kern County

Great Location on a Large Hospital Campus!!

Asking Price: Annual Revenue:
$948,850 $3,850,825

Retail: Health, Beauty, Nutrition

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RE: Great Location on a Large Hospital Campus!!! Broker: Alex Levitan
Owner Financing is Available!
Must have sufficient collateral!

Quick Facts

Asking Price: $948,850
Annual Revenue: $3,850,825
Net Profit: $418,850
Cash Flow: $418,850
Total Debt: Not Disclosed
FF&E: $48,850
Real Estate: Not Disclosed
Year Established: 1996
Employees: 3
BBN Listing #: 231652285
Broker Reference #: BakersfieldRX

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Business Overview:

Welcome to greatly appointed retail pharmacy located on Hospital Campus in beautiful Bakersfield! For out of state investors –Bakersfield is located 3 hours north of Los Angeles and 2 hours away from Fresno. Great opportunity to invest and operate well established Retail pharmacy that started operating in 1996. At the present time, there is 1 PharmDs/PIC, 1 pharmacy technician and 1 clerk. All major insurances are accepted. Pharmacy is doing 190-200 prescription a day from local pedestrian traffic and patients of medical offices located at the hospital and also ER that is located at the hospital. Brand/Generics – 15/85. No compounding. 7 local medical offices and about 20 referring doctors keeping this pharmacy successful. The hospital is expanding and upon completion there will be 200 hospital rooms Medicare/Medi-Cal/Cigna, Express Scripts, CVS/Caremark, Optum/DEA/ARETE Co-Op. Opportunities for servicing patients requiring controlled meds. Deliveries to local patients. Rx30 Software. The pharmacy is about 1,000 square feet. Over $50,000 was spent on tenant improvements. Inventory of about $200,000 is not included in price. 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. This Pharmacy is servicing Boarding Care/Assisted living Facilities. Excellent lease terms and options. Wholesalers are Amerisource Bergen. Open 5 1/2 days a week. Motivated seller may consider management agreement with qualified buyer. All licenses and insurance contracts are in good standing.

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.

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Reason for Selling:

Lifestyle changes.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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