Retail/Compounding Pharmacy in the heart of Beverly Hills
Business Description
Recently established [2024] Retail/Compounding [non-sterile] Pharmacy located in the commercial area of Beverly Hills, Los Angeles County. Located inside a medical building, surrounded by multiple medical buildings. Currently, one PharmD/PIC is running the pharmacy.
All major insurances are accepted. Medical, Cigna, Express Scripts, CVS/Caremark [application pending], Elixir, Med-Impact, Humana, and many others. McKesson is the wholesaler. RX Software is Digital RX. The pharmacy is about 800 sf. The lease expires on 8/2030 and has options to renew. The lease is assignable to a new qualified buyer. Over $50K was spent on tenant improvements. PCCA member. The prescription count is marginal; consider this as an Assets Sale.
Save time and headaches when opening a new Retail Pharmacy and applying for all insurance. 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 Beverly Hills.
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 is 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 [application pending], Elixir, Med-Impact, Humana, and many others. McKesson is the wholesaler. RX Software is Digital RX. The pharmacy is about 800 sf. The lease expires on 8/2030 and has options to renew. The lease is assignable to a new qualified buyer. Over $50K was spent on tenant improvements. PCCA member. The prescription count is marginal; consider this as an Assets Sale.
Save time and headaches when opening a new Retail Pharmacy and applying for all insurance. 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 Beverly Hills.
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 is 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
- 2
- Employees
- 1 Full-time
- Facilities & Assets
- Over 50 spent on TI
- Market Outlook / Competition
- Excellent Location, Medical Building
- Opportunities for Growth
- Multiple medical buildings around the pharmacy, direct marketing may be very benefitial
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 800
- Rent
- $4,850.00 per month
- Lease Expiration
- 6/3/2030
About the Sale
- Transition Support
- Seller will train
Listing Info
- ID
- 2514056
- Listing Views
Listing ID: 2514056 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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