Pharmacy
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $2766000
Net Profit / Cash Flow $280000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1984
Number of Employees 4 - 5
Inventory $5,000.
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 40 hours per week following the close of escrow.
Reason for Sale Other interests.
Description Profitable and well-established community pharmacy is located in Riverside County. About 20% of the business is derived from walk-ins and 80% from long-term care facilities. A Physician's office across the street contributes significantly to the walk-in RX count. The pharmacy has been operating for 24 years and current owners have it for 5 years. Prescription count for 2007 was 43,790. Gross revenue for 2007 was $2.77 million. Non Pharmacist-Owner operates the business Monday thru Friday 9:00 am to 5:30 pm. Adjusted net profit for a full time working pharmacist owner is estimated at $280,000 for 2007. Price is $425,000 plus inventory of approximately $70,000. Pharmacy has Med-Cal & Medicare Provider #. Email or contact Rashid Khalid at (818) 342-5222 x324 for more information on this Pharmacy for sale.
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