Pharmacy For Sale
Location:
United States
->
California
->
Southern California - Los Angeles Area
->
Los Angeles
Industry: Health and Medical > Pharmacy
Business Summary
Mid sized Retail Pharmacy for sale due to owners' retirement. Established over 18 years ago, under the same owner for 10 years, located inside Medical Building with 2 medical groups and 3 independent practices. Loyal Clientele, Medical, Medicare, Private Insurances, relationships with over 20 local boarding care, hospices and RCFEs. Open 5 days a week, 1,200 sq. ft, excellent lease plus options. Seller is willing to stay during the transition period and help with financing with substantial down payment to qualified pharmacist.
Pharmacy does around 4,200 prescriptions per month, no compounding, no DME. Revenue consists of 40% Medical, 40% Medicare and 20% Private Insurances. Gross Revenue for 2008 is $1.95M, Net Profit is $310K, Projected Gross for 2009 is 2.1M and net income is $350K Inventory of $100K is extra. 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. EMAIL OR CALL ALEX LEVITAN, SUNBELT BROKER AT (818) 640-8080.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$1,989,275
Cash Flow:
$347,950
Cash Flow Type: Sellers Discretionary Cash
Inventory: $150,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1991
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours per week.
Reason For Selling: Retiring.
Click on the "I'm Interested" button above for more information on this Health and Medical > Pharmacy business for sale.
|
Print Listing Id: 700112264
|
Business and Commercial Loans
Over 300 Lenders are waiting to help you with Financing for Business Purchase, Franchise, Commercial Mortgage or Equipment - Get Financing Now!
|
|
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
|
|
|
