Profitable & Well Established Pharmacy inside a Medical Building

El Monte, CA (Los Angeles County)

Profitable & Well Established Pharmacy inside a Medical Building
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Asking Price: $326,000

Cash Flow: $118,950

Gross Revenue: $1,552,365

EBITDA: $118,950

FF&E: $50,000

Inventory: $90,000*

Rent: $1,800 per Month

Established: 1972

*not included in asking price.

Profitable & Well Established Pharmacy inside a Medical Building

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Business Description

Great opportunity to invest and operate the newly established Retail pharmacy that was established in 1972, under current owner since 2009. The Pharmacy is located in the business/residential area of El Monte/Rosemead of East Los Angeles, Los Angeles County. At the present time, there is 1 PharmDs/PIC, 2 techs and 1 clerk. All major insurances are accepted. Pharmacy is doing about 80 prescriptions a day. Medicare/Medi-Cal/Cigna, Express Scripts, CVS/Caremark, Optum/DEA/ARETE Co-Op. Opportunities for servicing patients requiring controlled meds. Currently doing Schedule 3 to 5. Cerner Etreby Rx Software. The pharmacy is about 900 sf. Over 50K was spent on tenant improvements. Inventory of about 90K is not included in price. Save time and headache opening new [Sterile, Non Sterile/Retail Compounding Pharmacy and applying for all insurances. PIC may stay if needed for a reasonable amount of time. Lease is month-to-month so you can relocate to a new location while BOP’s license transfer takes place. 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 Amerisource Bergen. Open 5 days a week. Motivated seller may consider management agreement with qualified buyer. 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

Location:
El Monte, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
6/20/2025
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller Will train
Reason for Selling:
Retiring
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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#:1799267

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