Retail Pharmacy in Arcadia with a clean room. All PBMs, Medical
Business Description
Established in 2016, the retail pharmacy is located in the Arcadia/Monrovia area, Los Angeles County, near 210 Highway.
~ 1,100 sq. ft. of space, a new 5+5 lease will be signed with a qualified buyer. The lease is almost over, so the pharmacy can be relocated. Most of the major insurances are accepted. Medicare D, Medical is covering most of the patients. Clean license, no Board violations. According to the seller, Medicare/DEA/Medical, CVS Caremark, Humana, Express RX, Blue Shield/Cross, and many others are all in good standing. Open 5 days a week. 1 PIC, 1 tech. Beautiful custom made furniture. Furtniture, Fixture, and Clean Room,s value is over 200K. Seller spent over 50K bulding Sterile Compounding Room but never completed it due to financial reasons.
There is a clean room, but it is not 100% compliant, but it can be improved and become compliant with some additional work. Seller states that he spent over 50K building it.
The Pharmacy is located in a well-established residential/commercial area of Arcadia/Monrovia, with a few medical and veterinarian clinics in the area. A wholesaler is Cardinal and a few secondaries.
RX Software is a Pioneer RX. Averages 15-20 retail scripts a day. Diversified patient base. We are looking for licensed PharmD’s or investors who know the retail pharmacy business. Clean books, no Board violation, no litigation [per seller]. Inventory is ~20K - 30K, a 3rd party will appraise the entire inventory at the close of escrow.
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. **Due to confidentiality, a general pharmacy photo is used in this ad.
~ 1,100 sq. ft. of space, a new 5+5 lease will be signed with a qualified buyer. The lease is almost over, so the pharmacy can be relocated. Most of the major insurances are accepted. Medicare D, Medical is covering most of the patients. Clean license, no Board violations. According to the seller, Medicare/DEA/Medical, CVS Caremark, Humana, Express RX, Blue Shield/Cross, and many others are all in good standing. Open 5 days a week. 1 PIC, 1 tech. Beautiful custom made furniture. Furtniture, Fixture, and Clean Room,s value is over 200K. Seller spent over 50K bulding Sterile Compounding Room but never completed it due to financial reasons.
There is a clean room, but it is not 100% compliant, but it can be improved and become compliant with some additional work. Seller states that he spent over 50K building it.
The Pharmacy is located in a well-established residential/commercial area of Arcadia/Monrovia, with a few medical and veterinarian clinics in the area. A wholesaler is Cardinal and a few secondaries.
RX Software is a Pioneer RX. Averages 15-20 retail scripts a day. Diversified patient base. We are looking for licensed PharmD’s or investors who know the retail pharmacy business. Clean books, no Board violation, no litigation [per seller]. Inventory is ~20K - 30K, a 3rd party will appraise the entire inventory at the close of escrow.
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. **Due to confidentiality, a general pharmacy photo is used in this ad.
About the Business
- Years in Operation
- 9
- Number of Employees
- 2
- Currently Relocatable
- Yes
- Facilities & Assets
- According to the seller, Medicare/DEA/Medical, CVS Caremark, Humana, Express RX, Optum, Blue Shield/Cross, and many others are all in good standing.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,100
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Other business plans
- Transition Support
- Seller will train
Listing Info
- ID
- 2376085
- Listing Views
- 480
Listing ID: 2376085 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.
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