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For Sale: Retail Pharmacy - Absentee Run - Malibu, California

$385,000.00

Asking Price

  • Address: Malibu, 90265.

Malibu Retail Pharmacy - Absentee Run Business For Sale

Description

For sale is a retail/compounding pharmacy in the picturesque Malibu, Los Angeles County, California! It has been well-known in the community since 2013. It is conveniently located on a commercial plaza off of heavy Pacific Highway traffic.

There is 1,220 sq. ft of space and the lease expires in 2028, the buyer will get a lease assignment. Most of the major insurances are accepted. PSAO is AllignedRX. They have a clean license and no Board violations. Medicare/DEA/Medical, CVS Caremark, Humana, Express RX, Optum, and many others, all are in good standing, according to the seller.

It is open 5 1/2 days a week. It is located in a well-established residential/commercial area. A strong marketer will be a huge plus, the absentee seller hasn’t done much marketing in the area. There are several medical offices in the area, including rehabilitation centers and urgent care. There is plenty of parking around. Their wholesaler is Cardinal and many secondaries. RX Software is a Pioneer RX.

They have a USP800-compliant clean room for non-sterile compounding. It averages 80 retail and 10 compounding scripts a day. They have a diversified patient base. PIC may stay during the transition. After the temporary license is issued, please bring your own PIC or make an offer she can’t refuse. We are looking for licensed PharmD’s with clean books. Inventory is ~$100K and is not included. It will be appraised by professional RX appraisers at the close of escrow. Lots of OTC stuff brings extra cash flow. Seller financing is available!

* Per the seller's request and due to confidentiality, the attached photograph is not the photograph of the pharmacy that is being sold.

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 - Absentee Run business for sale in Malibu 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 #283646 on BizBen.com. In addition to phoning Alex Levitan, make sure you email Alex Levitan above to get more info about this Retail Pharmacy - Absentee Run, 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

Details

  1. Asking Price: $385,000.00

  2. Down: $385,000.00

  3. Cash Flow: $165,650.00

  4. Revenue:    $1,650,365.00

  1. Area: Malibu

  2. City: Malibu

  1. Attributes:

    Broker CooperationAbsentee RunSemi-Absentee RunFinancial AssistanceTraining & SupportOwner/Seller Financing

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