Profitable Retail Pharmacy inside Med. Building in Laguna Hills, PBMs
Asking Price: | $199,800 |
Gross Revenue: | $988,650 |
Rent: | $3,100 |
FF&E: | $15,500 |
Cash Flow: | $96,895 |
Inventory: | $45,000 |
EBITDA: | $96,895 |
Established Year: | 1977 |
Great opportunity to invest in a Retail Pharmacy located in a large Medical Building located in Laguna Hills/Aliso Viejo, surrounded by many Medical Buildings, including Regional Medical Center. The medical condo, where this pharmacy is located, is for sale as well. You will have to relocate to another location if you buy only pharmacy, or buy a unit and pay lease to yourself, building equity. Well established Retail Pharmacy [opened in 1977]. Conveniently located near 5 Highway. ~ 1,000 sq.ft. of space, Lease expires in 2024, buyer has to negotiate a new lease, relocate or buy a unit. Most of major insurances are accepted. PSAO is PBA Health. Steady Revenue between 1M to 1.2M annually. Cash flow is about 90-100K. Clean license, no Board violations. Medicare/DEA/Medical, CVS Caremark, Humana, Express RX, Optum and many others, all are in good standing, according to the seller. Open 5 days a week. Located in well-established residential/commercial area. Near Laguna Woods – large retirement community. There are about 20 medical practices in the building – Bariatric Surgery, Oncology, Cardiology, Endocrinology, General Surgery, Vascular Surgery, Infusion, Neurosurgery, Plastic Surgery and many others. Strong marketer will be a huge plus, sellers hasn’t done much marketing in the building. Plenty of parking around. Wholesaler is Cardinal and many secondaries. RX Software is DigitalRX. Averages 60-70 scripts a day. Diversified patient base. Not much marketing and advertising have been done. PIC may stay during the transition. After temp. license is issued, please bring your own PIC. We are looking for licensed PharmD’s. Clean books. Inventory is ~50K is not included. Lots of OTC stuff bring extra cashflow. Call Alex Levitan with any questions 818.640.8080.
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.
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