Retail/Compounding Pharmacy inside a Medical Building
Great opportunity to invest in well established [opened in 2005, S Corp] Retail and Non Sterile Compounding. USP 800 Compliant. Pharmacy located in Encino/Sherman Oaks, Los Angeles County. Conveniently located near 101 and 405 highway, near Encino Hospital inside a medical building. Most of major insurances are accepted, such as Medicare D, Express Scripts, Optum RX, Cigna, Blue Shield/Blue Cross, Anthem, Molina, Caremark/CVS, Humana, NPI Co-OP. DEA accredited. Well established referrals from medical practices located inside the building – Pain Management Clinic, Plastic Surgery Clinic, Infertility, Dermatology, Neuro Surgical Clinic and a few Dentists. Opportunities of consulting and compounding for BHRT, DNA genetics, Immunization, etc. No marketing is done, great opportunity to contact local retirement homes, Medical offices, Boarding Cares, RCFEs, Hospices, Home Health Care Agencies, etc. Wholeseller is Cardinal. Software is Cerner - Etreby. The pharmacy is about 1,000 sf. Over 80K was spent on Tenant Improvement. Average Gross is 1.2M, Cash Flow is around 200K [including PIC salary]. Current PIC may stay if needed. Save time and headache opening new Pharmacy and applying for all insurances. Excellent lease terms and options. Open 5 days a week. Motivated seller. Good Lease. We are looking for licensed PharmD’s. Management agreement is possible for qualified buyer. [In-state PharmS]. Seller agrees to give a Power of Attorney for all his insurances while buyer is being re-certified [upon seller’s due diligence and buyer’s clear background check] Call Alex Levitan-Pacific Business Broker (818)640-8080, or email firstname.lastname@example.org 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.