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For Sale: Retail Pharmacy - High Foot Traffic - Pasadena, LA County, California

$240,000.00

Asking Price

  • Address: Pasadena, 91101.

Pasadena, LA County Retail Pharmacy - High Foot Traffic Business For Sale

Description

Welcome to Beautiful Downtown Pasadena. Great opportunity to invest and operate a Retail Pharmacy located in the general area of Pasadena/Altadena of Los Angeles County. Established in 2018, conveniently located near 210 highway in a busy pedestrian traffic area. 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 500 retail scripts a month. Spacious front end with variety of OTC products. Opportunities for servicing patients requiring controlled meds. Annual Revenue is ~ 600K and cash flow for working Owner/PIC is about 150K

LibertyRX software. The pharmacy is about 1,000 sq. ft. Good assignable lease plus 5 year options. Over $50K was spent on tenant improvements. Inventory [~50K] 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 6 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. 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 - High Foot Traffic business for sale in Pasadena, LA County 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 #271516 on BizBen.com. In addition to phoning Alex Levitan, make sure you email Alex Levitan above to get more info about this Retail Pharmacy - High Foot Traffic, 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: $240,000.00

  2. Down: Call / Email

  3. Cash Flow: $150,000.00

  4. Revenue:    $600,000.00

  1. Area: Pasadena, LA County

  2. City: Pasadena

  1. Attributes:

    Training & Support

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