Pharmacy
Location:
United States
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California
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Southern California - Los Angeles Area
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Los Angeles
Industry: Health and Medical > Pharmacy
Business Summary
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.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$3,756,950
Cash Flow:
$397,675
Cash Flow Type: Sellers Discretionary Cash
Inventory: $15,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1953
Number of Employees: 4 - 5
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Reason For Selling: Retiring.
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: 700111451
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