Current Status: Active
Posting #: 271469
Last Refreshed: 12/18/21
Contact: Alex Levitan At 818-640-8080 - Also Email This Contact Below
Asking Price: $749,000 Down Payment: Negotiable
Annual SDC: $412,653
Annual Gross: $1,826,365
Business Address: None Given City: Vernon Zip: 90037
Attributes: Training & Support, Relocatable
Great opportunity to invest and operate a Retail Pharmacy located near Downtown Los Angeles in the general area of Huntington Park, South Gate, Vernon, and South Central of Los Angeles County. Established in 1958, conveniently located near 110 and 10 highways in a busy pedestrian traffic area near busy Medical Clinic. At the present time, there is one PharmD/PIC, one tech and one clerk running the pharmacy. All major insurances are accepted. Medical, Medicare, Cigna, Express Scripts, Humana, OptumRX and many others. Averages 200 retail scripts a day. Bust front end with variety of OTC products.
Opportunities for servicing patients requiring controlled meds. DigitalRX software. HealthMart PBM. The pharmacy is about 2,027 sf. Good assignable lease plus 5 year options. Over $30K was spent on tenant improvements. Inventory [~150K] is NOT included in price. Save time and headache opening new Retail 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 and a few small wholesalers. Open 5 days a week. All licenses and insurance contracts are in good standing.
Call Alex Levitan 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. 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 - Long Established, Good Location business for sale in
Downtown LA, Huntington Park 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 #271469 on BizBen.com. In addition to phoning
Alex Levitan, make sure you email Alex Levitan above to get more info about this
Retail Pharmacy - Long Established, Good Location, 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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