Pharmacy
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $3756950
Net Profit / Cash Flow $397675
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1953
Number of Employees 4 - 5
Inventory 15000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Retiring.
Description Large retail pharmacy for sale due to owner's retirement. Established over 50 years ago, under same ownership for 26 years, located inside busy shopping center near large local hospital in Los Angeles County. Loyal clientele, medical, medicare, private insurances, accredited for DME, Relationship with local boarding care facilities and RCFE. Open 5.5 days a week, 4,200 sq ft., excellent lease terms plus options. Seller is willing to stay during transition period and finance the purchase with substantial down payment. Pharmacy does around 4,000 prescriptions a month, no compounding. Revenue consists of 33% medical, 60% medicare, and 7% private insurances. Gross revenue in 2008 is 3.8M, Net profit is $426K. 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. For more information, please email or call Alex Levitan at (818) 342-5222 ext. 330 or 818-640-8080.
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