Well Established Pharmacy in Carlsbad, San Diego County

Carlsbad, CA (San Diego County)

Well Established Pharmacy in Carlsbad, San Diego County
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Asking Price: $199,000

Cash Flow: $182,000

Gross Revenue: $710,000

EBITDA: $182,000

FF&E: $50,000

Inventory: $25,000*

Rent: $3,000 per Month

Established: 1991

*not included in asking price.

Well Established Pharmacy in Carlsbad, San Diego County

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Business Description

Welcome to beautiful Carlsbad, San Diego County! This independent compounding pharmacy, founded in 1991, is in a modern medical building (built in 2015) and located only 4 blocks from the beach. The medical building has over 11 medical practices and over 55 prescribers, including the Neurology Center of Southern California, Sleep Center, Imaging Center, Pain Clinic, Psychiatric Office, Chiropractor, Physical Therapy, Dermatology, Acupuncture, Dentist, Orthodontics, Pain Clinic, ENT Specialists and Urgent Care.

This is a great opportunity to invest in and operate a modern retail pharmacy with compounding capabilities. The current pharmacy staff includes one PharmD/PIC, one Tech and 1 clerk. Open 5 days a week. Excellent lease terms and options. The pharmacy recently upgraded to PioneerRx software and new computer equipment. The pharmacy is about 700sf with over $150K spent on tenant improvements, complete with custom Herman Miller workstations to allow for seamless, transparent workflow. The 24/7 alarm and video system is remotely controlled and app-enabled. All records are meticulously organized and maintained. The pharmacy has very efficient flow and has a compounding area.

All major insurances and Medi-Cal are accepted with all contracts in-place. The pharmacy dispenses compounding meds and a high percentage of generics. Current rx volume is about 20 scripts and 3-5 compounds per day, most of which having high profit margins. Wholesalers are McKesson and Trxade In 2020, total revenue was $720K and all licenses and insurance contracts are in good standing

The owner has not marketed the pharmacy for the last 30 years. This is a great opportunity to expand the business through marketing towards local RCFEs, LTCs and Assisted Living Facilities, etc. There is also an open lot across the parking lot with plans to build a sister-medical building adjacent to the current building as well as the Aviara Apartment Project totaling 259 housing units.

In 2018, the current owner launched a proprietary line of CBD products, TRU Leaf Labs, sold at the pharmacy location (CBD display wall at entrance). All products are pharmacist-formulated and compounded on premises by certified compounding technicians. The line includes 9 CBD oils, 2 CBD topicals, and 4 terpene sprays. The CBD products have a high profit margin and repeat customer base. The owner is currently investigating an expansion into beauty treatments and CBDA & CBGA offerings, to be produced and sold in the premium market. The CBD business is a great source of foot traffic as many walk-in patients visit the pharmacy in search of CBD products after visiting doctors offices and the Imaging Center next door.

The pharmacy is competitively valued at $199K plus inventory (estimated to be around $25K). The asking price includes the option to wholesale TRU Leaf Labs products to continue selling at the pharmacy location. The buyer would benefit from 60% of MSRP pricing for CBD products as well. The seller is retiring. PIC may stay if needed for a reasonable amount of time. Seller is ready and available to assist in a transparent and seamless transition to the next buyer.
Call Alex Levitan- Pacific Business Brokers, and request an NDA. 818.640.8080

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:
Carlsbad, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
700
Lease Expiration:
2/10/2026
Employees:
2
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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