Corona Pharmacy on Medical Campus! Great Opportunity!

Corona, CA (Riverside County) (Relocatable)

Corona Pharmacy on Medical Campus! Great Opportunity!
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Asking Price: $199,880

Cash Flow: $53,880

Gross Revenue: $498,650

EBITDA: $53,880

FF&E: $30,000

Inventory: $20,000*

Rent: $2,500 per Month

Established: 2018

*not included in asking price.

Corona Pharmacy on Medical Campus! Great Opportunity!

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Business Description

Great opportunity to invest in newly established [opened in 2018, S Corp] Retail Pharmacy located in Medical Building [Medical Campus with a few other Medical Buildings] in Corona, Riverside County. There are 12-15 medical practices on a campus. Conveniently located near 15 and 91 Highways. Fast growing city with a few major residential developments of new houses. Most of major insurances are accepted, such as Medicare, Medical, Express Scripts, OptumRX, Anthem, Caremark/CVS, Humana, NPI Co-OP, and many others. DEA accredited. 50-70 scripts a day. No marketing is done, great opportunity to contact local retirement homes, Medical offices, Boarding Cares, RCFEs, Hospices, Home Health Care Agencies, etc. Inventory is around 20K is extra (negotiable). Wholeseller are McKesson. Software is Pioneer RX. The pharmacy is about 800 sf. Over 30K was spent on Tenant Improvement. Current PIC may stay if needed. Save time and headache opening new Pharmacy and applying for all insurances. Excellent lease terms and options. Open 5 days a week. Motivated seller. Good Lease. We are looking for licensed PharmD’s. Management agreement is possible for qualified buyer. Seller agrees to give a Power of Attorney for all his insurances while buyer is being re-certified [upon seller’s due diligence and buyer’s clear background check]

Detailed Information

Location:
Corona, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
5/18/2023
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will train
Reason for Selling:
Other Interests
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(from currently available funds)
 
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Alex Levitan

Business Listed By:
Alex Levitan

Pacific Business Advisors


Sponsoring Broker:
Fred Mercuro

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Ad#:1728097

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