Profitable Retail Pharmacy in Medical Building! SV

Simi Valley, CA
Los Angeles County

Asking Price: Annual Revenue:
$575,500 $1,435,650

Retail: Health, Beauty, Nutrition

Request More Information
Contact the Seller

RE: Profitable Retail Pharmacy in Medical Building! SV Broker: Alex Levitan
License #: 01272205

Quick Facts

Asking Price: $575,500
Annual Revenue: $1,435,650
Net Profit: $215,600
Cash Flow: $215,600
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1970
Employees: 2
BBN Listing #: 300052285
Broker Reference #: SimiValleyRX

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

Great Opportunity to invest in a Retail Pharmacy located in the heart of Simi Valley, in close proximity to large local hospital, close to 118 Highway. Located inside a Medical Building with 5 Medical Practices. Established over 50 years ago. Well established Commercial/Residential neighborhoods of Simi Valley. Great visibility, convenient parking. At the present time, there is 1 PharmD/PIC and 1 tech running this pharmacy. Most of major insurances contracted, DEA, Medicare D/Medical Optum RX, Caremark/CVS, Express Scripts, and many others. 80-100 scripts a day. Opportunities for servicing patients requiring controlled meds. Digital RX Software. The pharmacy is about 1,500 sf. Monthly lease is $3,500. Two years left on the lease plus options. Annual Receipts are 1.4-1.5M, Cash Flow [Incl. PIC’s Compensation] is around $200,000. Over $30,000 was spent on tenant improvements and pharmacy equipment. No compounding. Save time and headache opening new 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. Pharmacy currently services 10 Boarding Care Facilities. Wholesaler is Cardinal. 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.

Contact 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.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Other Interest

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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!