Well Established Retail Pharmacy in Koreatown, Los Angeles County

Asking Price$175,880

Cash Flow
$115,895

EBITDA$115,895

Gross Revenue$879,650

Inventory$73,650
Not included in asking price
FF&E$15,000
Included in asking price
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Well Established Retail Pharmacy in Koreatown, Los Angeles County


Asking Price$175,880

Cash Flow
$115,895

EBITDA$115,895

Gross Revenue$879,650

Inventory$73,650
Not included in asking price
FF&E$15,000
Included in asking price

Seller Financing Available
Business Description
Well-established (2002) Retail Pharmacy, located in the Koreatown, general area of Western Blvd & Olympic Blvd, Los Angeles County. Competitively valued below 200K!!

~1,000 sq. ft. of space, Lease expires soon, the buyer will get a lease assignment or relocate if needed. PSAO is AlignRX. Clean license, no Board violations. All major PBMs, Medicare/Medical/DEA, CVS, NAVITUS, Optum, Express, and many others. Open Monday-Friday 9-6, PIC may stay during the transition. 60-80 scripts a day. Annual Revenue is ~ 900K, Cash Flow is ~ 150K

The Pharmacy is located in a well-established residential/commercial area, with a few medical and veterinarian clinics in the area. Nicely built up, newer fixtures, security, everything is professionally installed. A wholesaler is Amerisource. RX30 software. Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence.

The seller is motivated. All of the above information per Seller: Please rely on your due diligence on market conditions and this industry before making any commitments or decisions.
About the Business
Years in Operation
23
Number of Employees
2
Currently Relocatable
Yes
Facilities & Assets
~1,000 sq. ft. of space, Lease expires soon, the buyer will get a lease assignment or relocate if needed. PSAO is AlignRX. Clean license, no Board violations. All major PBMs,
Medicare
Medical
DEA
CVS
NAVITUS
OptumRX
ExpressScript, and many others
Market Outlook / Competition
Loyal patients keep that pharmacy busy, a new marketing compaign will help.
Opportunities for Growth
Compounding, vaccination, personal consultation
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
Not Disclosed
About the Sale
Seller Motivation
Retiring
Transition Support
Seller will train and may stay as a PIC during transition
Financing Options
Large downmpayment, equitable collateral, qualified buyer
Listing Info
ID
2357377
Listing Views
736

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Business Listed by: Alex Levitan Pacific Business Advisors

Listing ID: 2357377 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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