Well Established and Profitable Pharmacy in West Hollywood

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

Well Established and Profitable Pharmacy in West Hollywood
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Asking Price: $439,800

Cash Flow: $225,650

Gross Revenue: $2,256,985

EBITDA: $225,650

FF&E: $25,000

Inventory: $40,000*

Rent: $5,750 per Month

Established: 2000

*not included in asking price.

Well Established and Profitable Pharmacy in West Hollywood

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Business Description

Great opportunity to invest and operate Retail Pharmacy that started serving local community since 2000. Conveniently located on one of major street of West Hollywood. The Pharmacy is located inside a free standing building. At the present time, there is one PharmD/PIC and one tech and one driver operate a pharmacy. All major insurances are accepted. Averages 120-130 scripts a day. Plenty of space for non-sterile compounding equipment. Medicare/Medi-Cal/Cigna, Express Scripts, CVS/Caremark, OptumRX and many others. Opportunities for servicing patients requiring controlled meds. Cerner Etreby Software. The pharmacy is about 1,300sf. Currently sellers pay month-to-month. Buyers can relocate within LA County if they want. 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. Primary wholesalers are McKesson. Medical building is in close proximity. Management Agreement is possible for qualified buyer. Open 6 days a week. Large Public Parking is across the street. 90% regular customers, 10% walk-in. 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:
West Hollywood, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,300
Lease Expiration:
12/23/2021
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Can Be Relocated
Support & Training:
Seller Will train
Reason for Selling:
Retiring
Contact

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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#:1900860

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