Perfect for relocation. Or remain in Pasadena. Established in 1984

Pasadena, CA (Los Angeles County)

Perfect for relocation. Or remain in Pasadena. Established in 1984

Asking Price: $195,000

Established: 1984

Perfect for relocation. Or remain in Pasadena. Established in 1984

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Asset Sale Description

Great opportunity to invest and operate well established retail pharmacy located in the area of Pasadena – Altadena of Los Angeles County. Established in 1984, conveniently located near 210 highway on a busy Pasadena’s street. At the present time, there one PharmD/PIC running the pharmacy part-time due to health issues. All major insurances are accepted. Medical, Medicare, Cigna, Express Scripts, Humana, OptumRX and many others. Opportunities for servicing patients requiring controlled meds. Pioneer Etreby software. The pharmacy is about 500 sf. The lease is month-to-month. Get a new lease and stay for another 10 years or relocate if you wish. Over $10K was spent on tenant improvements. Inventory [5-10K] is included in price with good offer. Save time and headache opening new Retail Pharmacy and applying for all insurances. 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. Wholesalers are AmerisourceBergen, ABC, ANDA and a few small wholesalers. Open 5 days a week. All licenses and insurance contracts are in good standing.

Call Alex Levitan- Pacific Business Brokers (818)640-8080, 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.

Detailed Information

Pasadena, CA
Reason for Selling:
Medical Reasons

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Alex Levitan

Asset Sale Listed By:
Alex Levitan

Pacific Business Advisors

Sponsoring Broker:
Fred Mercuro

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