Pharmacy, Retail, Delivery
Location: California > Riverside County
Industry: Health and Medical > Pharmacy
Financials
Asking Price: $425,000
Gross Revenue: $2,766,000
Cash Flow: $280,000
Inventory: $70,000 (Not Included in Asking Price)
FF&E: $5,000 (Included in Asking Price)
Business Summary
Profitable and well–established community pharmacy is located in Riverside County. About 20% of the business is derived from walk-ins and 80% from long-term care facilities. A Physician’s office across the street contributes significantly to the walk-in RX count. The pharmacy has been operating for 24 years and current owners have it for 5 years. Prescription count for 2007 was 43790. Gross revenue for 2007 was $2.77 million. Non Pharmacist-Owner operates the business Monday thru Friday 9:00 am to 5:30 pm. Adjusted net profit for a full time working pharmacist owner is estimated at $280,000 for 2007. Price is $425,000 plus inventory of approximately $70,000. Pharmacy has Med-Cal & Medicare Provider #. For more information, please visit www.SunbeltCa.com print complete and fax a Confidentiality form to (818) 668 8597 and contact Rashid Khalid at (818) 342-5222 x324.
About the Business
Year Established: 1984
Employees: 5 full time -
About the Sale
Management Training and Support: 2 weeks at 40 hours per week following the close of escrow.
Reason For Selling: Other interests
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