Retail Pharmacy located in a Large Medical Center Averages 60 scripts

Laguna Hills, CA
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Asking Price:$265,880
Gross Revenue:$1,203,400
Rent:$7,230
FF&E:$35,000
Cash Flow:$62,560
Inventory:$100,000
EBITDA:$62,560
Established Year:1999
BUSINESS DESCRIPTION

Welcome to the Orange County, California! 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. Well established Retail Pharmacy [opened in 1999]. Conveniently located near 5 Highway. ~ 1,320 sq.ft. of space, Lease expires in 2023, buyer has to negotiate a new lease. Most of major insurances are accepted. PSAO is the AllignedRX. 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 40 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 Liberty RX. Averages 60 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 ~100K 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.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,320
Lease Expiration
30/11/2023
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Large Medical Center with over 40 medical Practices
Competition
Strong Marketer will take that pharmacy on a higher level of revenue
Growth & Expansion
Many medical offices weren't marketed at all.
Support & Training
Seller will Train
Reason for Selling
Seller is retiring
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Alex Levitan