LTC Pharmacy in the Sherman Oaks/Van Nuys area of San Fernando Valley
Business Description
Recently established [2023] LTC Pharmacy located in the residential/commercial area of Sherman Oaks/Van Nuys, Los Angeles County. There are a few medical clinics nearby. Conveniently located near the 101 Freeway. Currently, one PharmD/PIC is running the pharmacy.
All major insurances are accepted. Medical, Cigna, Express Scripts, CVS/Caremark, Elixir, Med-Impact, Humana, and many others. Cardinal is the wholesaler. RX Software is DigitalRX. The pharmacy is about 2,000 sf. The lease expires on 12/2026 and has options to renew. The lease is assignable to a new qualified buyer. Can relocate if interested in relocation. Over $30K was spent on tenant improvements.
Save time and headache opening a new Retail Pharmacy and applying for all insurances. The business is marginal; consider it as an asset sale. 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. Open 5 days a week. All licenses and insurance contracts are in good standing. Busy traffic area, one of the major intersections in the San Fernando Valley 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 the Seller, please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.
All major insurances are accepted. Medical, Cigna, Express Scripts, CVS/Caremark, Elixir, Med-Impact, Humana, and many others. Cardinal is the wholesaler. RX Software is DigitalRX. The pharmacy is about 2,000 sf. The lease expires on 12/2026 and has options to renew. The lease is assignable to a new qualified buyer. Can relocate if interested in relocation. Over $30K was spent on tenant improvements.
Save time and headache opening a new Retail Pharmacy and applying for all insurances. The business is marginal; consider it as an asset sale. 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. Open 5 days a week. All licenses and insurance contracts are in good standing. Busy traffic area, one of the major intersections in the San Fernando Valley 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 the Seller, please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.
About the Business
- Years in Operation
- 3
- Employees
- 1 Full-time
- Facilities & Assets
- LTC Pharmacy, all major insurances
- Opportunities for Growth
- Many LTC ans ALF in the area
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $5,965.00 per month
- Lease Expiration
- 12/15/2026
About the Sale
- Seller Motivation
- Other Business plans
- Transition Support
- Seller will train 2 weeks, 20 hours per week
Listing Info
- ID
- 2503516
- Listing Views
- 13
Listing ID: 2503516 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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