Pharmacy, DME, Gifts, B&W West Union
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $3950000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1969
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training 4 weeks at 40 hours per week following close of escrow.
Reason for Sale Relocation.
Description Profitable Pharmacy and real estate located in Eastern part of Riverside County. The Pharmacy for sale is located on a busy Boulevard in the middle of business district. Price of the pharmacy is $1,000,00 and for 14,000 sq ft (23,000sq ft lot) real estate it is $1.3 million. Year 2008 revenue was $3.95 million and adjusted net profit of $300,000. Pharmacy opens Monday-Friday 9 am to 7 pm and on Saturday 9 am to 1 pm. Average # of RX/day is 250. Revenue breakdown is: 22% Medi-Cal, 4% Medicare, 60% private insurances, 6% cash customers and 8% general merchandise. Drugstore sells gift items, medical equipment & supplies, and beer & wine. Also has money transfer and bill pay service. Pharmacy has been in operation for over 40 years; the current owner has it for 4 years. Pharmacy has a very stable clientele base. Rent for the 8,000 sq ft occupied by the Drugstore is $8,000/month. Additional 6,000sq ft space is occupied by a medical clinic at $6,600/month rent. Only Buyers with California pharmacist license and sufficient funds to purchase the Pharmacy, Please! For more information, please email or call Rashid Khalid at 818 342-5222 ext 324 or Arnold Lee at 818-342-5222 ext 310.
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