A unique opportunity to invest and operate a Retail Pharmacy, established over 30 years ago in the residential/commercial area of Pasadena, Los Angeles County, conveniently located near the 210 Highway. Currently, there is one PharmD, two technicians, and two clerks running the pharmacy. All major insurances are accepted. Medical, Medicare, Cigna, CVS/Caremark, Express Scripts, Humana, OptumRx, and many others. Cardinal is the wholesaler. RX Software is RX30.

Well-established relations with multiple prescribers in the area. The pharmacy is about 1,500 sf. The lease is negotiable and has options to renew. The lease is assignable to a new qualified buyer. Over $50K was spent on tenant improvements. Inventory valued at approximately $150,000 is not included in the price and will be appraised before the close of escrow. Compounding area with compliant and certified equipment. PSAO – Leadernet. Averages 300 scripts a day. The Pharmacist may stay for a reasonable amount of time, as needed, to ensure a smooth transition and introduce patients to the new owner.

Not much marketing has yet been done, a loyal customer base keeps the owner busy. Great opportunity to reach out to local RCFEs, LTCs, and Assisted Living Facilities, etc. A growing community of retired people and young, well-insured professionals in the area.

Excellent lease terms and options. Open 5 days a week, a new owner can open it on Saturdays and extend hours, thereby increasing the revenue. All licenses and insurance contracts are in good standing. Busy traffic area, one of the major intersections in the Pasadena area.

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.