Community Staple, 80-Year Established Independent Pharmacy

Los Angeles, CA (Los Angeles County) (Relocatable)

Community Staple, 80-Year Established Independent Pharmacy
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Asking Price: $1,500,000

Cash Flow: $500,006

Gross Revenue: $4,096,253

EBITDA: N/A

FF&E: $56,295

Inventory: $337,238*

Rent: $10,350 per Month

Established: 1945

*not included in asking price.

Community Staple, 80-Year Established Independent Pharmacy

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Business Description

This pharmacy has been a name the community can trust and has come to love for almost 80 years! The pharmacy prides itself in providing the personal attention every customer deserves today. The pharmacy delivers over 90% of filled prescriptions to its loyal customers. It is well recognized for its beautiful gift shop with a wide variety of items for every occasion. There are multiple, well-established services provided by this pharmacy including immunizations, free home delivery, free curbside pickup, durable medical equipment, long-term care services, and MUCH MORE!

Detailed Information

Location:
Los Angeles, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
8/24/2022
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a 5,000 square foot pharmacy located within a commercial business building. The pharmacy provides a beautiful gift shop that has become a neighborhood favorite. They offer an extensive variety of medical equipment and supplies, diabetic shoe fittings, as well as, diabetic inserts. This is a very well maintained, up-to-date facility.
Competition:
This pharmacy really takes the time to know each patient. The pharmacy offers comprehensive medication review through an assessment of all of a patient’s medications. The goal is to optimize therapeutic regimens, improve medication compliance, and enhance therapeutic outcomes of the medications.
Growth & Expansion:
We are recommending the buyer move the pharmacy to a new location or absorb it into an existing pharmacy. The building rent and parking are too excessive for the pharmacy to be viable.
Support & Training:
This pharmacy has been a compliance client of R.J. Hedges & Associates since 2012. They are a Board of Certification (BOC) accredited facility. The staff has received extensive training and is specialized in supporting patients with Type 1, Type 2, and Gestational Diabetes.
Reason for Selling:
Retirement
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Allyson Hess

Business Listed By:
Allyson Hess

RJ Hedges & Associates


Sponsoring Broker:
Jeff Hedges

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Ad#:1872862

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