Pharmacy, DME, Gifts, B&W West Union
Location:
United States
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California
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Southern California - All Southern California
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Riverside - San Bernadino
Industry: Health and Medical > Pharmacy
Business Summary
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.
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
$3,950,000
Cash Flow:
$300,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 1969
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: 4 weeks at 40 hours per week following close of escrow.
Reason For Selling: Relocation.
Click on the "I'm Interested" button above for more information on this Health and Medical > Pharmacy business for sale.
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Print Listing Id: 700105347
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