Profitable retail pharmacy in the Glendale/Pasadena. 100 RX daily.

Seller Financing Available

Well established [2001] retail pharmacy is located near a busy CCHC [Comprehensive Community Health Center] Medical building [10 MDs and PAs practices] in the Glendale/Eagle Rock/Pasadena area of Los Angeles, near Highway 134.

~ 2,700 sq. ft. of space, a new 5+5 lease will be signed with a qualified buyer. Most of the major insurances are accepted. Medicare B & D, Medical is covering most of the patients. PSAO is LEADERNET. Servicing 7 Boarding Care Homes. Clean license, no Board violations. 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. Annual Revenue is over 2.53 M and increases every year.

The Pharmacy is located in a well-established residential/commercial area of Glendale/Eagle Rock, 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 an Enterprise RX. Averages 90-120 retail scripts a day.

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 ~160K-170K, a 3rd party will appraise the entire inventory at the close of escrow. Lots of OTC stuff brings extra cash flow. It’s a beautifully looking pharmacy, the seller spent over 80K for improvements.

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.