Well-established [1998] retail pharmacy in the commercial/residential area of Van Nuys/Sherman Oaks, Los Angeles, surrounded by multiple medical buildings. Currently, there are 2 PharmDs, 2 techs, 1 clerk, and 1 driver running the pharmacy. Excellent location near the 405 and 101 Highways.

All major insurance plans are accepted. Medical, Cigna, Express Scripts, Optum, Elixir, Med-Impact, Humana, and many others. Cardinal is the wholesaler. RX Software is Digital RX. The pharmacy is about 1,000 sf. The lease expires in 6/2029 and has options to renew. The lease is assignable to a new qualified buyer. Over $50K was spent on tenant improvements. The prescription count is steady at 250 scripts a day. Annual Revenue is steady at ~5.8M-6 M per year. Well established, diversified patient base. Medi/Medi – 75%

Save time and headaches when opening a new Retail Pharmacy and applying for all insurance. PIC may stay if needed for a reasonable amount of time. No marketing has been done.
Great opportunity to reach out to local RCFEs, SNFs, LTCs, and Assisted Living Facilities, etc. Excellent lease terms and options. Open 5 1/2 days a week. All licenses and insurance contracts are in good standing. Busy traffic area, one of the major intersections in the South San Fernando Valley.
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.