Profitable, Well Established pharmacy located in Huntington Park area

Huntington Park, CA (Los Angeles County)

Profitable, Well Established pharmacy located in Huntington Park area
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Asking Price: $330,880

Cash Flow: $153,620

Gross Revenue: $1,189,960

EBITDA: $153,620

FF&E: $30,000

Inventory: $98,000*

Rent: $6,700 per Month

Established: 2004

*not included in asking price.

Profitable, Well Established pharmacy located in Huntington Park area

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Business Description

Well established [2004] and profitable Retail Pharmacy located in the densely populated area of South Gate, Vernon, Lynwood, and Huntington Park of Angeles County. Conveniently located between 5 and 110 Highways. At the present time, there one PharmD/PIC and one tech running the pharmacy. All major insurances are accepted. Medical, Medicare, Cigna, Express Scripts, Humana, OptumRX and many others. Opportunities for servicing patients requiring controlled meds. Digital RX Software. The pharmacy is about 2 500 sf. The lease is month-to-month. Get a new lease and stay for another 10 years or relocate if you wish. Over $30K was spent on tenant improvements. Inventory ~100K] is not included in price, will be appraised before close of escrow. Save time and headache opening new Retail Pharmacy and applying for all insurances. PSAO – CKAPHA. Averages 95-100 scripts a day. Steady Revenue 1.2-1.4M annually. 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 Cardinal and a few small wholesalers. Open 6 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:
Huntington Park, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
6/30/2022
Employees:
2
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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