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For Sale: Retail Pharmacy - Since 1969 - Sherman Oaks, California

$325,000.00

Asking Price

  • Address: Sherman Oaks, 91607.

Sherman Oaks Retail Pharmacy - Since 1969 Business For Sale

Description

This is a well-established retail pharmacy [opened in 1969] located in the area of Sherman Oaks/Valley Village/North Hollywood of Los Angeles County. It is located inside a Medical Building with multiple medical practices. It is in a 1,500 sq. ft. space and the current lease expired, so you must renew the lease or relocate.

Most major insurances are accepted. Align PSAO.  Medicare/DEA/Medical, CVS Caremark, Express RX, Optum, and many others, all are in good standing, according to the seller. It is open 5 days a week and located in a well-established residential/commercial area with many medical practices around it. There is plenty of parking around. Their wholesaler is Cardinal. The RX Software is Etreby Cerner. It averages 60-70 scripts a day with its diversified patient base. They have consistent revenue ~ 1M – 1.2M and ~ 185K cash flow, including PIC’s salary.

Not much marketing and advertising have been done. PIC will stay during the transition. After temp. license is issued, please bring your own PIC.  We are looking for licensed PharmDs. They have clean books. Inventory is ~80-100K extra. Lots of OTC stuff bring extra cash flow. 

Contact the listing agent for further details.

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 - Since 1969 business for sale in Sherman Oaks 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 #282329 on BizBen.com. In addition to phoning Alex Levitan, make sure you email Alex Levitan above to get more info about this Retail Pharmacy - Since 1969, 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: $325,000.00

  2. Down: $329,000.00

  3. Cash Flow: $168,950.00

  4. Revenue:    $1,103,650.00

  1. Area: Sherman Oaks

  2. City: Sherman Oaks

  1. Attributes:

    Broker CooperationTraining & SupportRelocatable

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