Profitable Retail Pharmacy located near Downtown Los Angeles

Los Angeles, CA (Los Angeles County) (Relocatable)

Profitable Retail Pharmacy located near Downtown Los Angeles
Contact

Asking Price: $745,000

Cash Flow: $419,653

Gross Revenue: $1,856,325

EBITDA: $419,653

FF&E: $30,000

Inventory: $145,695*

Rent: $7,000 per Month

Established: N/A

*not included in asking price.

Profitable Retail Pharmacy located near Downtown Los Angeles

Save Print Share Valuation Report

Business Description

Great opportunity to invest and operate a Retail Pharmacy located near Downtown Los Angeles in the general area of Huntington Park, South Gate, Vernon, and South Central of Los Angeles County. Established in 1958, conveniently located near 110 and 10 highways in a busy pedestrian traffic area near busy Medical Clinic. At the present time, there is one PharmD/PIC, one tech and one clerk running the pharmacy. All major insurances are accepted. Medical, Medicare, Cigna, Express Scripts, Humana, OptumRX and many others. Averages 200 retail scripts a day. Bust front end with variety of OTC products. Opportunities for servicing patients requiring controlled meds. DigitalRX software. HealthMart PBM. The pharmacy is about 2,027 sf. Good assignable lease plus 5 year options. Over $30K was spent on tenant improvements. Inventory [~150K] is NOT included in price. 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. Wholesalers are McKesson and a few small wholesalers. 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.

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:
Los Angeles, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
5/15/2024
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will train
Reason for Selling:
Other interests
Contact

Contact Form

(from currently available funds)
 
Send Message Loading

By clicking the button, you agree to BizBuySell’s  Terms of Use and Privacy Notice


Alex Levitan

Business Listed By:
Alex Levitan

Pacific Business Advisors


Sponsoring Broker:
Fred Mercuro

Report an issue with this listing

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1922419

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Always Best Care

Franchise Opportunity In CA
Cash Required: $50,000