Well Established Retail Pharmacy in Beverly Hills. 350RX a day

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

Seller Financing Available
Well Established Retail Pharmacy in Beverly Hills. 350RX a day
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Asking Price: $4,395,000

Cash Flow: $1,980,625

Gross Revenue: $7,951,771

EBITDA: $1,980,625

FF&E: $100,000

Inventory: $200,000*

Rent: $11,450 per Month

Established: 1988

*not included in asking price.

Well Established Retail Pharmacy in Beverly Hills. 350RX a day

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Business Description

Great opportunity to invest and operate this well established retail pharmacy located in the beautiful area of Beverly Hills/Pico-Robertson/Century City, Los Angeles County. Established in 1988, located in the very busy traffic area in a shopping plaza. Conveniently located between the 10 and 405 Highways. Averages 350 scripts a day. At the present time, there is one PharmD/PIC, 3 techs and 2 clerks 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. Cerner Etreby RX Software. Growing revenue year after year. Clinic providing Immunization, Travel Clinic, personal consultation is inside the pharmacy. The pharmacy is about 2,000 sqf. The lease is long term plus options. Over $150K was spent on tenant improvements, shelves, cabinetry, computer system, security, etc [included]. Inventory [200,000 to be appraised] is not included in price. PIC may stay if needed for a reasonable amount of time. Not much marketing has yet been done. Currently working with two Hospices. Great opportunity to reach out to local RCFEs, LTCs and Assisted Living Facilities, etc. Excellent lease terms and options. A wholesaler is Cardinal. 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:
Beverly Hills, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
7/15/2025
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable
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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Ad#:1856256

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