Great opportunity to operate Retail Pharmacy in Medical Blg

Tarzana, CA (Los Angeles County) (Relocatable)

Great opportunity to operate Retail Pharmacy in Medical Blg
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Asking Price: $249,500

Cash Flow: $85,000

Gross Revenue: $600,000

EBITDA: $85,000

FF&E: $25,000

Inventory: $35,000*

Rent: $5,300 per Month

Established: 2016

*not included in asking price.

Great opportunity to operate Retail Pharmacy in Medical Blg

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Business Description

Great opportunity to invest and operate well established retail pharmacy located in the area of Encino, Tarzana of Los Angeles County. Established in 2016, located inside busy Medical Building. Conveniently located near 101 Highway. At the present time, there is one PharmD/PIC running the pharmacy. All major insurances are accepted. Medicare/Medical, Cigna, Express Scripts, Humana, OptumRX and many others. Opportunities for servicing patients requiring controlled meds. RX30 software. Averages 30 scripts a day, no compounding. The pharmacy is about 1 000 sf. The lease expires in April 2022. Relocatable if needed. Get a new lease and stay for another 10 years or relocate if you wish. Over $30K was spent on tenant improvements. Inventory [45-50K] is NOT included in price. Average Revenue is ~600K, SDE is ~120K. 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. Wholesaler is AmerisourceBergen. 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.

Detailed Information

Location:
Tarzana, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
4/12/2022
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Medical Building
Financing:
Will Train
Support & Training:
Seller Will Train
Reason for Selling:
Other Business Plans
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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#:1918059

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