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For Sale: Sterile Compounding Retail Pharmacy - San Diego

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Current Status: Active     Posting #: 254098     Last Refreshed: 6/12/19     BRE License #: 01272205    
Contact: Alex Levitan At 818-640-8080  -  Also Email This Contact Below
Price:  $449,800     Down:  $449,800     Adjusted Net:  $85,325     Revenue:  $325,650    
Business Address:  None Given     City:  San Diego     Zip:  92121    
Attributes:  Training & Support, Relocatable     Cooperation With Brokers?  No

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  Description About This Posting: Sterile Compounding Retail Pharmacy
Great Opportunity to invest in Sterile Compounding/Retail Pharmacy located in a picturesque area of San Diego in close proximity to Del Mar and La Jolla. (Next to Coaster and train station )This pharmacy is located in recently upgraded commercial/industrial park in close proximity to large hospitals, multiple medical, dental ,veterinarian hospital and medical offices . Good visibility, convenient parking. Sterile and Non -Sterile Compounding facility.
Large Cleanroom has Class 7 Buffer room with Class 5 Laminar Flow Hood A Class 7 Weigh / Preparation room and Class 8 Anteroom with sink and cabinetry for scrubbing/ garbing.
Spacious Non-sterile compounding Laboratory with sink, cabinetry,powder containment hood .
Very bright facility with windows adjoining lab spaces for easy viewing of work flow .
At the present time, there is 1 Technician, 2 clerks and 2 on call Pharmacists. Retail and Compounding licenses. Most major insurances are accepted. Pharmacy is doing 25-35 prescription a day. Medical/Medicare D, Cigna, Express Scripts, Athem, CVS/Caremark, OptumRX, DEA and other major insurances. PDX Software. The pharmacy is about 1,700 sf. Over $200K was spent on tenant improvements and pharmacy equipment. Save time and headache opening new [Sterile, Non Sterile/Retail Compounding Pharmacy and applying for all insurances. PIC and Technician may stay if needed for a reasonable amount of time. NO marketing has been done yet , great opportunities to reach out to multiple LTC facilities in the area. Currently month to month lease, landlord will gladly provide a long lease to qualified buyer/tenant. Wholesalers are PCCA, HD Smith, McKesson and a few locals. PCCA membership. Open 5 days a week. Motivated seller may consider management agreement with qualified buyer. All licenses and insurance contracts are in good standing. No seller financing. Cash buyers only please.

PLEASE NOTE That the SDE/ACF [Seller's Discretionary Earnings/Annual Cash Flow] INCLUDE Pharmacist's Salary, Add-backs and Remaining Profit. If you are an investor, you will have to hire a Pharmacist in Charge, so your SDE/ACF will be 140K-150K less!

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 Seller please rely on your own due diligence on market conditions and this industry before making any commitment and decision making. Please note that financial statements will be presented to potential buyers only upon verification of liquid funds.

To get more information about this Sterile Compounding Retail Pharmacy business for sale in San Diego please phone Alex Levitan (Intermediary, Broker - BRE License #:01272205) at 818-640-8080 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #254098 on BizBen.com. In addition to phoning Alex Levitan, make sure you email Alex Levitan above to get more info about this Sterile Compounding Retail Pharmacy, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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