Profitable Retail Pharmacy is located in the area of Tarzana/W. Hills

Tarzana, CA

Seller Financing Available

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Asking Price:$436,565
Gross Revenue:$2,653,326
Rent:$3,500/Month
FF&E:$35,560
Cash Flow:$235,650
Inventory:$95,658
EBITDA:$235,650
Established Year:2002
BUSINESS DESCRIPTION

Well established, Profitable Retail Pharmacy is located in the area of Tarzana/Woodland Hills of San Fernando Valley, Los Angeles County. All major PBMs are active and in good standing. Located near 101 Highway in a very busy drive-thru shopping plaza. Established in 2002. Growing revenue year after year, even during the COVID years. 110-120 scripts a day. ~ 700 sq. ft. of space, plenty of space for additional OTC cash flow. The lease expires at the end of 2024, the pharmacy can be relocated or the long lease can be assigned. Most of the major insurances are accepted. PSAO is the Align Rx. Clean license, no Board violations. Medicare/DEA/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 a well-established residential/commercial area. There are several medical offices in the area and plenty of parking around. A wholesaler is Cardinal/Andas and a few secondaries. QSI (NRX)RX Software. 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.

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.

*Due to confidentiality, the pharmacy's photo is a general showplace photo of a pharmacy.


DETAILED INFORMATION
Location
Tarzana, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
700
Lease Expiration
25/10/2024
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Excellent location, Ventura Blvd, busy plaza
Growth & Expansion
Multiple medical offices in the neighborhood.
Financing
Large downpayment with equitable collateral
Support & Training
Seller will train
Reason for Selling
Retiring
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Alex
Levitan
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Alex Levitan