Profitable Retail Pharmacy in Large Medical building with over 25 MDs

Asking Price$299,000

Cash Flow
$56,890

EBITDA$56,890

Gross Revenue$1,396,560

Inventory$68,950
Not included in asking price
FF&E$20,000
Included in asking price
listing imageSave

Profitable Retail Pharmacy in Large Medical building with over 25 MDs


Asking Price$299,000

Cash Flow
$56,890

EBITDA$56,890

Gross Revenue$1,396,560

Inventory$68,950
Not included in asking price
FF&E$20,000
Included in asking price

Seller Financing Available
Business Description
Recently established [2020] retail pharmacy is located inside a busy medical building [18 MDs and 7 NPs practices] Arleta/Sun Valley of Los Angeles, near Highway 5.
~ 1,000 sq. ft. of space, a new 5+5 lease will be signed with a qualified buyer. Most of the major insurances are accepted. PSAO is HealthMark Atlas. Clean license, no Board violations. Medicare/DEA/Medical, CVS Caremark, Humana, Express RX, Optum, Blue Shield/Cross, and many others, all are in good standing, according to the seller. Open 5 days a week. 1 PIC, 1 tech, and 1 driver. Annual Revenue is over 1.3 M and increases every year. The projected Revenue for 2024 is 1.4-1.5M

The Pharmacy is located in a well-established residential/commercial area of Arleta/Sun Valley, with a few medical and veterinarian clinics in the area. A strong marketer will be a huge plus, there are multiple medical offices in the area. A wholesaler is McKesson and a few secondaries. RX Software is an Enterprise RX. Averages 100 retail scripts a day.

Diversified patient base. PIC may stay during the transition. After temp. license is issued, please bring your PIC or make an offer she/he can’t refuse. We are looking for licensed PharmD’s. Clean books. Inventory is ~60K-70K, a 3rd party will appraise the entire inventory at the close of escrow. Lots of OTC stuff brings extra cash flow. It’s a beautifully looking pharmacy, the seller spent over 60K for improvements. Mostly Medicare patients.

Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. The 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.
About the Business
Years in Operation
5
Number of Employees
4
Facilities & Assets
Large Medical Building with over 25 MDs and NPs
Market Outlook / Competition
Great potential to market to MDs in the building and adjacent area, deliver medications, etc.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
Not Disclosed
Lease Expiration
10/23/2030
About the Sale
Seller Motivation
Other business interest.
Transition Support
Current PIC may stay, well trained employees
Financing Options
Negotiable with large downpayment and RE collateral
Listing Info
ID
2254199
Listing Views
1857

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Alex Levitan Pacific Business Advisors

Listing ID: 2254199 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Scout and Molly's
$100,000Scout and Molly'sFeatured Franchise
Clothes Mentor®
$100,000Clothes Mentor®Featured Franchise
Alloy Personal Training
$150,000Alloy Personal TrainingFeatured Franchise
Fitness Machine Technicians
$50,000Fitness Machine TechniciansFeatured Franchise
Scout and Molly's
$100,000Scout and Molly'sFeatured Franchise
Clothes Mentor®
$100,000Clothes Mentor®Featured Franchise