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For Sale: Retail Pharmacy - Burbank/Glendale, California

$248,800.00

Asking Price

  • Address: Glendale, 91205.

Burbank/Glendale Retail Pharmacy Business For Sale

Description

Great opportunity to invest and operate Retail Pharmacy that started operating in 2019. Conveniently located on one of major Glendale's streets. The Pharmacy is located inside a free-standing building. At the present time, there is one PharmD/PIC and one tech operates a pharmacy. All major insurances are accepted. The pharmacy's existing files will be transferred so it's just a shell with a license and insurance. PIC may stay if needed. 10-15 scripts a day. Competitively valued at 248 K plus inventory. Medicare/Medi-Cal/Cigna, Express Scripts, CVS/Caremark, OptumRX, and many others. Opportunities for servicing patients requiring controlled meds. Pioneer Rx Software.

The pharmacy's size is about 700 sq. ft. The lease term is over; you can get a new long lease or relocate within Los Angeles County. PIC may stay if needed for a reasonable amount of time. N marketing has yet to be done. Great opportunity to reach out to local RCFEs, LTCs Assisted Living Facilities, etc. Excellent lease terms and options. Wholesalers are McKesson, Republic Pharmaceuticals, and Priority Solutions International. Management Agreement is possible for qualified buyers. Open 5 days a week. All licenses and insurance contracts are in good standing.

Call Alex Levitan- Pacific Business Brokers 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 Retail Pharmacy business for sale in Burbank/Glendale 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 #281714 on BizBen.com. In addition to phoning Alex Levitan, make sure you email Alex Levitan above to get more info about this Retail Pharmacy, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01915577. Pacific Business Advisors.

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Contact

  1. Name: Alex Levitan
  2. phone iconPhone: 818-640-8080
  3. phone iconPhone: 818-640-8080

Details

  1. Asking Price: $248,800.00

  2. Down: Call/Email

  3. Cash Flow: $38,650.00

  4. Revenue:    $475,000.00

  1. Area: Burbank/Glendale

  2. City: Glendale

  1. Attributes:

    Broker CooperationAbsentee RunRelocatable

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