Profitable Retail Pharmacy in Chino, San Bernardino County.

Chino, CA (San Bernardino County)

Profitable Retail Pharmacy in Chino, San Bernardino County.
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Asking Price: $395,880

Cash Flow: $358,600

Gross Revenue: $2,389,635

EBITDA: $358,600

FF&E: $50,000

Inventory: $80,000*

Rent: $3,785 per Month

Established: 2018

*not included in asking price.

Profitable Retail Pharmacy in Chino, San Bernardino County.

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Business Description

Profitable Retail Pharmacy in Chino, San Bernardino County. Established in 2018. Absentee sellers are retiring. The Pharmacy is located in a busy shopping plaza with heavy traffic. Beautiful and well established business/residential area of Chino.
At the present time, there is one reliable, hardworking PharmD/PIC, one tech, two clerks and one driver. Heatlhmart Atlas is the PBM.
Per Seller - all major insurances are accepted. Medicare/Medi-Cal/Cigna, Express Scripts, CVS/Caremark, Aetna, Blue S/C, Envision,OptumRX, Gold Coast Medical, United Healthcare and many others. Opportunities for servicing patients requiring controlled meds. Digital Rx Software. The pharmacy is about 1,200 sf. Lease expires 3/2022. Current PIC would probably stay if needed. Over 70K was spent on tenant improvements. Growing revenue since 2018, year after year. 70-80 scripts a day plus OTC and DME [Diabetic supplies]. Well trained marketing team adding revenue by follow up on Google/Facebook, lead generations and other successful and growing marketing efforts. Save time and headache opening new Retail Pharmacy and applying for all insurances. Great opportunity to reach out to local RCFEs, LTCs. Open 5 days a week. All licenses and insurance contracts are in good standing. Buyer to verify all contracted insurances.

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:
Chino, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,220
Lease Expiration:
3/15/2022
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Absentee Sellers. Well trained employees. PIC may stay.
Reason for Selling:
Tired of traveling, 100% absentee operators
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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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