Retail Pharmacy - Los Angeles County

Los Angeles County, CA
Pcy
Asking Price:$275,000
Inventory:$20,000
Gross Revenue:$300,000
Rent:$1,400/Month
BUSINESS DESCRIPTION

Retail Pharmacy in LA County. All major PBMs, Medi-Cal

*** Please contact us for detailed financial performance ***
Unique opportunity to invest in a Retail Pharmacy established in 2020 located in the South Bay / Harbor area of Los Angeles County. High profit margin, most of major insurances accepted: MediCal / Medicare, CVS Caremark, OptumRx, Express Scripts, Humana and others. All licenses and insurance contracts are in good standing. PSAO is AlignRx. The pharmacy’s size is ~ 700 sq. ft. Excellent lease terms and options - current lease is $1350/ mo and it expires in 2025. Over 70K was spent on tenant improvements and ~ 25K was spent on pharmacy fixtures. Open 5 days a week. Dual zone alarm - front end store can be open to the public when the pharmacy is closed. Large front end, lots of OTC items, inventory (OTCs included) ~ 20K extra. No marketing has been done. No LTcs, Home Care Agencies, etc. PIC may stay if needed for a reasonable amount of time. Sellers requires proof of funds and a signed NDA prior to providing additional information.


DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
700
Lease Expiration
31/07/2025
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Alexandru Georgescu
Alexandru Georgescu