Retail Pharmacy is located in the heavily populated South Los Angeles

Los Angeles, CA
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Asking Price:$599,850
Gross Revenue:$2,658,965
Rent:$4,600/Month
FF&E:$25,000
Cash Flow:$885,650
Inventory:$100,000
EBITDA:$885,650
Established Year:2022
BUSINESS DESCRIPTION

Retail Pharmacy is located in the heavily populated South Los Angeles/Florence/Huntington Park neighborhoods of Los Angeles County, California! Excellent cash flow with a high-profit margin. Large MediCal patient base. Located near 110/10 highways.
~ 1,900 sq. ft. of space, Lease expires in 2027 with options, buyer will get a lease assignment. Most of the major insurances are accepted. PSAO is Health Mart Atlas. 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 6 days a week. Located in a well-established residential/commercial area. Strong marketers will be a huge plus, semi-absentee seller hasn’t done much marketing in the area. There are several medical offices in the area, many rehabilitation centers and urgent care, and plenty of parking around. A wholesaler is McKesson and a few secondaries. RX Software is a Digital RX. Averages 120-140 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 ~100K is not included, and will be appraised by professional RX appraisers at the close of escrow. Lots of OTC stuff brings extra cash flow. Semi-Absentee seller.

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.


DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,900
Lease Expiration
20/07/2027
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Great location in Central Los Angeles. Heavily populated Medical patients
Competition
Spanish speaking marketer can be very beneficial. Many medical clinics around.
Financing
Looking for cash buyer or large down-payment with equitable real estate as a collater
Support & Training
PIC may stay if employment offer is good enough
Reason for Selling
Non pharmacist owner
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Alex
Levitan
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Alex Levitan