Well established [2012] Retail Pharmacy is located in the commercial area of the Fountain Valley, Orange County, and is located inside a medical building, surrounded by multiple medical buildings with many prescribers. Currently, one PharmD/PIC, a few techs, and a driver run the pharmacy.
All major insurance plans are accepted. Medical, Medicare, Cigna, CVS/Caremark, Elixir, Med-Impact, Humana, and many others [No ESI; partnered with Align RX]. McKesson, Anda, Top RX, and Parmed are wholesalers. RX Software is Digital RX. The pharmacy is about 1.100 sf. The lease has expired; the lease is currently month-to-month, and the landlord would love to sign a new long-term lease with you. The lease is assignable to a new qualified buyer. Over $50K was spent on tenant improvements. The prescription count is marginal, 25-30 scripts a day; consider this an asset sale. Average revenue over the last three years is 700K annually; SDE is ~ 80K
Save time and headaches when opening a new Retail Pharmacy and applying for all insurance. The business is marginal; consider it as an asset sale. PIC may stay if needed for a reasonable amount of time. NO marketing has yet been done.
Great opportunity to reach out to local RCFEs, LTCs, and Assisted Living Facilities, etc. Excellent lease terms and options. Open 5 days a week. All licenses and insurance contracts are in good standing. Busy traffic area, one of the major medical campuses in Fountain Valley.
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 is per the Seller; please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.