Retail Pharmacy Shell with all major PBMs. Can be relocated

Glendale, CA (Los Angeles County)

Retail Pharmacy Shell with all major PBMs. Can be relocated

Asking Price: $195,000

Established: 2019

Retail Pharmacy Shell with all major PBMs. Can be relocated

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Asset Sale Description

Great opportunity to invest and operate Retail Pharmacy that started operating in 2019. Conveniently located on one of major Glendale’s street. The Pharmacy is located inside a free standing building. At the present time, there is one PharmD/PIC and one tech operates a pharmacy. All major insurances are accepted. Pharmacy’s existing files will be transferred so it’s just a shell with license and insurances. PIC may stay if needed. Competitively valued at 195K plus inventory. Medicare/Medi-Cal/Cigna, Express Scripts, CVS/Caremark, OptumRX and many others. Opportunities for servicing patients requiring controlled meds. Pioneer Rx Software. The pharmacy is about 800sf. The lease term is over; you can get a new long lease or relocate within Los Angeles County. 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 McKesson, Republic Pharmaceuticals, and Priority Solutions International. Management Agreement is possible for qualified buyer. Open 6 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

Glendale, CA

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Alex Levitan

Asset Sale Listed By:
Alex Levitan

Pacific Business Advisors

Sponsoring Broker:
Fred Mercuro

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