Well Established Retail Pharmacy in South Gate, 150 scripts a day!
| Asking Price: | $948,800 |
| Gross Revenue: | $2,572,659 |
| Rent: | $6,900 |
| FF&E: | $35,000 |
| Cash Flow: | $685,960 |
| Inventory: | $120,000 |
| EBITDA: | $685,960 |
| Established Year: | 1958 |
Great opportunity to invest and operate a Retail Pharmacy located near Downtown Los Angeles in the
general area of Huntington Park, South Gate, Vernon, and South Central of Los Angeles
County. Established in 1958, conveniently located near 110 and 10 highways in a busy pedestrian traffic
area near busy Medical Clinic. Semi-Absentee Seller. Steady growing revenue. SBA is possible with 25-30% down. At the present time, there is one PharmD/PIC, two techs and two clerks running the pharmacy. All major insurances are accepted. Medical, Medicare, Cigna, Humana, OptumRX and many others. Averages 145 retail scripts a day. Busy front end with variety of OTC products. Opportunities for servicing patients requiring controlled meds. DigitalRX
software. HealthMart Atlas PBM. The pharmacy is about 1,700 sf. Good assignable lease plus 5 year options.
Over $30K was spent on tenant improvements. Inventory [~150K] is NOT included in price. Save time
and headache opening new Retail Pharmacy and applying for all insurances. PIC may stay if needed for a
reasonable amount of time. NO marketing has yet been done. Great opportunity to reach out to local
RCFEs, LTCs and Assisted Living Facilities, etc. Excellent lease terms and options. Wholesalers are
McKesson and a few small wholesalers. Open 5 days a week. All licenses and insurance contracts are in
good standing.
Retail Pharmacy is located in the heavily populated South Los Angeles
Los Angeles, CA
Price: $599,850
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