Retail Pharmacy: Profitable, Established, Turnkey, LTCF Contracts.

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Excellent Opportunity For PharmD, High Count Of Daily Rx (140) And Growing!!!
Asking Price:
$598,000

Gross Revenue:
$2,028,000
Cash Flow:
$250,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$40,000
included in asking price

FF&E:
$40,000
included in asking price

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Business Description

Excellent Opportunity To Take Over This Profitable And Well Established Pharmacy, For New Or Seasonal PharmD, Based In Los Angeles Area!!!

Original Retail Pharmacy Licence/Permit, Was Issued To Them, In Late 2015, Pharmacy Started To Operate, In January Of 2016.

This Profitable, Well Established, Turnkey, Retail/Specialty Pharmacy, Is Producing 140 Scripts Daily, With Emphasis On Diabetes Care And Infertility.

Their Unique Location, Right Next To Drive Thru To Major, Nationwide Food & Coffey Franchises, Which Brings In Lots Of Foot & Auto Traffic, To Their Doors, For OTC Sales!.

Established, Owned And Operated By A PharmD, It Has One (1) Tech, One (1) Clerk, One (1) Driver For Deliveries Of Meds, All Full Time. Their Loyal Staff Would Like To Stay On, And Work For New Ownership.

This Pharmacy, In The Last Two (2) Years, Grossed $2MM On Average, With Owner/Seller Discretionary Earnings (SDE) Of $250,000.

Their 3rd Party Administrator Of BPM Is ELEVATE.

Software Used :FSI

Major Wholesalers Are: AMERISOURCE BERGEN; BLUE PAX PHARMA; IPC; HEALTH SOURCE ; AUBURN; PARMED; NUMED And Others!!!

Pharmacy Has Agreement In Place, With Several Long Term Care Facilities (LTCF), As Well As With Urgent Care Provider, VIA Telecommunication System, Located Inside Of The Pharmacy, Where Clients Can Communicate With Urgent Care Doctor And Then Fill Prescription, Right In The Pharmacy..

The Pharmacy, Is About To Be Awarded An Exclusive Contract, With Major Health Organization, Which Will Triple Their Daily Count Of Scripts.
When That Happens, Asking Price Will Go Up Substantially!!!

This RX Accepts ALL Major Insurance Contracts, E-Prescriptions, 24 Hours Emergency Service, Medicare, (MediCal Is Pending)..Compounding , "Clean Room" May Be Added!

Open 5 Days Only: Monday Thru Friday, From 9:30 AM -5:30 PM.

Any Potential Buyer MUST Provide Proof Of Liquid Funds.

All Financial Info, Including Tax Returns, Will Be Provided To Qualified Buyers.

About the Business

Location:
Glendale, California
Year Established:
2015
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
1,070
Rent:
$3,100.00 Per Month
Lease Expiration:
6/30/2020
Facilities:
Pharmacy Is Located In The Stand Alone Building, 1070 Sq. Ft. Of A Space, Which Is Leases For $3100, Including NNN.

Pharmacy Lease Is Good Trough 06/30/2020, With One, Five (5) Yr. Option.
Their Are Uniquely Located Next To Drive Thru, To A Major Nationwide Coffey & Food Franchises, Which Bringing In Lots Of Foot & Car Traffic To Their Doors.
Market Outlook/
Competition:
This Pharmacy Relationship With URGENT CARE Tele/Video Communication Services, Which Are Located Inside Of The Pharmacy, Sets Them A Part From The Immediate Competition.
Their Upcoming .Agreement, With Major Health Medical Group Organization, When Implemented, Will Increase Their Daily RX Output by Several Folds.
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About the Sale

Reason For Selling:
Personal Situation
Training/Support:
4 Weeks 20 Hours Per Week

Listing Info

ID:
1625198
Ad Detail Views:
0

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Business Listed by

Alexander Neyman,

Alexander Neyman
License# 01843102 BROKER

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