Hot Listing
Well-Established and very profitable Retail Pharmacy in Central CA
Business Description
Excellent location and great opportunity to invest, operate, and provide much-needed service to the community in the area of Central California, in the foothills of the Sierra Nevada. conveniently located on busy city streets near a few medical clinics. At present, there is one PharmD/PIC, and 10 support employees running this very busy pharmacy. All major insurances are accepted. Medical, Medicare, Cigna, Express Scripts, Humana, OptumRx, and many others. Averages 480-500 scripts a day. Health Mart Atlas PSAO.
The pharmacy has good assignable lease plus 5-year options. Over $100K was spent on tenant improvements. Inventory [~250-300K] is NOT included in the price, will be professionally appraised at the close of escrow. Save time and headache opening a new Retail Pharmacy and applying for all insurances. PIC may stay if needed for a reasonable amount of time. The seller will gladly introduce the buyer to local referring prescribers. This pharmacy works with a few LTC facilities.
Great opportunity to reach out to local RCFEs, LTCs, and Assisted Living Facilities, etc. Excellent lease terms and options. Wholesalers are McKesson and a few small wholesalers. Open 6 days a week. All licenses and insurance contracts are in good standing. Motivated seller will consider reasonable offers. Looking for an experienced pharmacist licensed in CA
Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. 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.
The pharmacy has good assignable lease plus 5-year options. Over $100K was spent on tenant improvements. Inventory [~250-300K] is NOT included in the price, will be professionally appraised at the close of escrow. Save time and headache opening a new Retail Pharmacy and applying for all insurances. PIC may stay if needed for a reasonable amount of time. The seller will gladly introduce the buyer to local referring prescribers. This pharmacy works with a few LTC facilities.
Great opportunity to reach out to local RCFEs, LTCs, and Assisted Living Facilities, etc. Excellent lease terms and options. Wholesalers are McKesson and a few small wholesalers. Open 6 days a week. All licenses and insurance contracts are in good standing. Motivated seller will consider reasonable offers. Looking for an experienced pharmacist licensed in CA
Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. 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.
About the Business
- Years in Operation
- 26
- Employees
- 13 (11 Full-time, 2 Part-time)
- Facilities & Assets
- All major insurances are accepted. Medical, Medicare, Cigna, Express Scripts, Humana, OptumRx, and many others. Averages 480-500 scripts a day. Health Mart Atlas PSAO.
- Market Outlook / Competition
- Recently closed Rite-Aid increased a script count
- Opportunities for Growth
- Increasing revenue every year.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- $2,500.00 per month
- Lease Expiration
- 7/28/2032
About the Sale
- Seller Motivation
- Other business plans
- Transition Support
- Seller will train within reasonable amount of time
- Financing Options
- TBD with qualified buyer
Listing Info
- ID
- 2504008
- Listing Views
- 61
Listing ID: 2504008 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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