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For Sale: Pharmacy - Encino

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Current Status: Active     Posting #: 253128     Last Refreshed: 5/10/19     BRE License #: 01272205    
Contact: Alex Levitan At 818-640-8080  -  Also Email This Contact Below
Price:  $875,000     Down:  Negotiable     Adjusted Net:  $324,620     Revenue:  $2,450,625    
Business Address:  Ventura Blvd     City:  Encino     Zip:  91436    
Attributes:  Financial Assistance, Relocatable     Cooperation With Brokers?  Call

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  Description About This Posting: Pharmacy
Welcome to well established Retail Pharmacy located in one of the largest medical buildings on Ventura Blvd in Encino/Sherman Oaks area. Great visibility, convenient parking, established in 1997. At present there are 1 PharmDs/PIC, 1 tech, 2 clerks and 1 driver. All major insurances are accepted. Pharmacy is doing 140-150 prescription a day, small OTC, no compounding. Medicare/Medi-Cal/Cigna, Express Scripts, CVS/Caremark, OptumRX/DEA/ARETE Co-Op. Per seller, there are over 20 medical practices in the building. Opportunities for servicing patients requiring controlled meds. McKesson Enterprise Software. The pharmacy is about 1,800 sf. Over $50K was spent on tenant improvements and pharmacy equipment. Inventory of about 150K is not included in price. 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. NO marketing has yet been done. Great opportunity to reach out to local RCFEs, LTCs and Assisted Living Facilities, etc. Excellent lease terms and options. Wholesalers are McKesson, IPC and a few small locals. Open 5 days a week. Motivated seller may consider management agreement with qualified buyer. All licenses and insurance contracts are in good standing.
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 call Alex Levitan Pacific Business Brokers 818.640.8080, for more information.
Please note that financial statements will be presented to potential buyers only upon verification of liquid funds. Seller may consider carrying papers with substantial down payment and sufficient and verifiable collateral located in the United States.

To get more information about this Pharmacy business for sale in Encino 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 #253128 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, franchise, or opportunity. Thank you.

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