Profitable Retail Pharmacy in Southbay LA covering ALF, LTC, Home Care
| Asking Price: | $225,000 |
| Gross Revenue: | $726,950 |
| Rent: | $3,437/Month |
| FF&E: | $25,000 |
| Cash Flow: | $65,986 |
| Inventory: | $35,000 |
| EBITDA: | $65,986 |
| Established Year: | 2000 |
A well-established [2000] retail pharmacy is located near a busy Medical Clinic in the Torrance/Redondo Beach area, a 15-minute drive from Manhattan Beach and Hermosa Beach in Los Angeles, near Highway 405.
~ 1,010 sq. ft. of space, a new 5+5 lease will be signed with a qualified buyer after lease expiration in 2025. Most of the major insurances are accepted. Medicare B & D, Medical is covering most of the patients. PSAO is ALIGN RX. Servicing 6 Boarding Care Homes with around 80 beds. Medicare/DEA/Medical, CVS Caremark, Humana, Express RX, Optum, Blue Shield/Cross, and many others, all are in good standing, according to the seller. Open 5 days a week. 1 PIC, 1 tech, and 1 driver.
The Pharmacy is located in a well-established residential/commercial area of Torrance/Redondo Beach, with a few medical and veterinarian clinics in the area. A strong marketer will be a huge plus, there are multiple medical offices in the area. A wholesaler is Cardinal and a few secondaries. RX Software is a Cerner RX. Averages 60 retail scripts a day. Working with ALFs, RCFEs, Home Health Care Agencies, etc.
Diversified patient base. PIC may stay during the transition. After temp. license is issued, please bring your PIC or make an offer she/he can’t refuse. We are looking for licensed PharmD’s. Clean books. Inventory is ~ 35K-40K, a 3rd party will appraise the entire inventory at the close of escrow.
Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. The 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.
