Newly Established Pharmacy with Most Commercial PBM insurances

Eastvale, CA (Riverside County) (Relocatable)

Newly Established Pharmacy with Most Commercial PBM insurances
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Asking Price: $175,000

Cash Flow: $85,325

Gross Revenue: $569,635

EBITDA: $85,325

FF&E: $75,000

Inventory: $60,525*

Rent: $4,800 per Month

Established: 2017

*not included in asking price.

Newly Established Pharmacy with Most Commercial PBM insurances

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Business Description

Great opportunity to invest in newly established [opened in 2017, S Corp] Retail Pharmacy located inside a shopping center in Eastvale, Riverside County, Inland Empire. Most of major insurances are accepted, such as Medical, Express Scripts, OptumRX, Anthem, Caremark/CVS and many others. Averages 50 scripts a day. DEA accredited. 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).Wholesalers are McKesson and TopRx. Software is Pioneer RX. The pharmacy is about 1,200 sf. Over 50K 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 6 days a week. Motivated seller. Good Lease. Projected Annual Gross is around 525K, Cash Flow is 85K. Only independent pharmacy in the city. Family Medicine/Urgent Care, Dental Clinic is in the same shopping center. 2 large medical buildings near by. Growing community of over 10,000 homes will be built within next few years. We are looking for licensed PharmD's. Management agreement is possible for qualified buyer.

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

Location:
Eastvale, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will train
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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#:1851457

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