Long-Established Retail Pharmacy in South LA Focus on Mental Health
Asking Price: | $1,250,000 |
Rent: | $9,000/Month |
Gross Revenue: | $9,000,000 |
Established Year: | 2000 |
This well-established pharmacy has proudly served the South LA community for over 25 years, specializing in mental health and psychiatric medications. Located on the first floor of a 6-story medical building with numerous physicians’ offices and nonprofit clinics, the pharmacy is ideally positioned for continued success.
Key Highlights:
Revenue Focus: Average 30 injectable prescriptions per week, including medications like Ingrezza, Invega, Abilify, and Aristada.
Staff: PharmD: $72/hr (PIC with 30 years of experience), $65/hr (PharmD with 5 years).
Pharmacy Technicians: $20–$25/hr (with 2-10 years of experience).
Support Staff: 2 Clerks, 1 Driver.
Wholesaler & Buying Group: MHA and McKesson.
Contracts: Contracted with LACDMH for Mental Health/Psych Medications, and active participation in the 340B Program with Watts Health Care Clinic and West Central Mental Health.
Lease: $9,000/month for 3,500 sq. ft. with a 5-year + 5-year option.
Delivery Radius: 5-mile, with 20–30 prescriptions delivered daily.
Opportunity: Semi-absentee operation with long-tenured staff. Ideal for a hands-on pharmacy owner to continue building on a solid foundation.
Seller requires a signed NDA and proof of funds to provide additional details.
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