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For Sale: Pharmacy - Sherman Oaks, Los Angeles Area


Current Status: Active     Posting #: 253906     Last Refreshed: 11/10/19    
Contact: Alex Levitan At 818-640-8080 , 818-640-8080  -  Also Email This Contact Below
Price:  $85,000     Down:  $85,000     Adjusted Net:  $27,500     Revenue:  $150,650    
Business Address:  Ventura Blvd     City:  Sherman Oaks     Zip:  91423    
Attributes:  Absentee Run, Training & Support     Cooperation With Brokers?  Call

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For Best Results & Response, Email & Phone This Contact: Alex Levitan at 818-640-8080 and 818-640-8080.

  Description About This Posting: Pharmacy
Great Opportunity to invest in a Retail Pharmacy located in the Encino/Sherman Oaks/Studio City area, San Fernando Valley, Los Angeles County. Free standing building on very busy Ventura Blvd, close to 405 and 101, surrounded by multiple medical, dental and few veterinarian offices. Great visibility, convenient parking. At the present time, there is 1 PharmD/PIC running this pharmacy. All major insurances are accepted [except Optum RX and Medi-Cal]. Pharmacy is doing 20-25 prescription a day, small OTC, no compounding. Medicare D, Cigna, Express Scripts, Athem, CVS/Caremark, DEA and other major insurances. Opportunities for servicing patients requiring controlled meds. Digital RX Software. The pharmacy is about 1,100 sq. ft. Over $20K 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 may stay if needed for a reasonable amount of time. Software is Digital RX. NO marketing has yet been done, great opportunities to reach out to multiple LTC facilities in the area. Excellent lease terms and options. Wholesaler is Amerisource Bergen. New HVAC was installed 2 years ago. 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.

Call Business Broker and request an NDA.

Please Note That the SDE [Seller's Discretionary Earnings] 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 will be 140K 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 Pharmacy business for sale in Sherman Oaks, Los Angeles Area please phone Alex Levitan (Intermediary, Broker - BRE License #:01272205) at 818-640-8080 and 818-640-8080 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #253906 on BizBen.com. In addition to phoning Alex Levitan, make sure you email Alex Levitan above to get more info about this Pharmacy, to ask any questions or request an appointment to see this business for sale. Thank you.

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