Retail Pharmacy is located in the heavily populated South Los Angeles
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 |
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.
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