$315,000.00
Asking Price
Address: Long Beach, 90808.
Status: Active
Posting ID: 265743
10/9/23
Description
Retail Pharmacy inside a Medical Building in Long Beach. All major PBMs, Medicare, and Medical. The pharma is doing about 50-60 scripts a day. Medicare/Medi-Cal/Cigna, Express Scripts, CVS/Caremark, OptumRX, and many others. The monthly rent is $5,200. Inventory 100,000. Furniture, Fixtures, Equipment $150,000.
Welcome to beautiful Long Beach, Los Angeles County! Great opportunity to invest and operate a newer Retail Pharmacies that started operating in 2016. The Pharmacy is located in a beautiful business/residential area of Long Beach inside a Medical Building with 10 referred MDs. At the present time, there is one PharmD/PIC and one tech. All major insurances are accepted.
Pharmacy is doing about 50-60 scripts a day, some of them with high-profit margins. Medicare/Medi-Cal/Cigna, Express Scripts, CVS/Caremark, OptumRX, and many others. PSAO is HealthMart Atlas. Opportunities for servicing patients requiring controlled meds. Digital Rx Software. The pharmacy is about 1,500 sf. Over $150K was spent on tenant improvements.
An inventory of about 100K is not included in the price. Save time and headaches by opening a new Retail Pharmacy and applying for all insurance. The PIC may stay if needed for a reasonable amount of time. Absentee owner. NO marketing has yet been done. Great opportunity to reach out to local RCFEs, LTCs Assisted Living Facilities, etc. Wholesalers are McKesson and Smartsource. Open 5 days a week. All licenses and insurance contracts are in good standing.
Call Alex above, and request an NDA.
Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. The 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.
To get more information about this Pharmacy - Inside A Medical Building business for sale in Long Beach, Los Angeles County please phone Alex Levitan (Intermediary, Broker - BRE License #:01272205) at 818-640-8080 and 818-991-5200 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #265743 on BizBen.com. In addition to phoning Alex Levitan, make sure you email Alex Levitan above to get more info about this Pharmacy - Inside A Medical Building, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01915577. Pacific Business Advisors.
Contact
Details
Asking Price: $315,000.00
Down: Negotiable
Cash Flow: $195,500.00
Revenue: $2,156,785.00
Area: Long Beach, Los Angeles County
City: Long Beach
Attributes:
My Notes About This Listing
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
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Cash flow
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Revenue
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Down
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Cash flow
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Down
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Down
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Cash flow
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Revenue
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Down
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Down
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Cash flow
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Down
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Revenue
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Down
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Down
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