Pharmacy For Sale
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
Excellent Opportunity to invest in successful, large retail pharmacy for sale near large local hospital in Los Angeles County. This 3,000 s.f. Pharmacy is located in heavily populated area of Hawthorne, Torrance, Gardena and ''Bay Cities'' by 405-110-105 freeways. Established over 30 years ago. Loyal clientele, all major insurances are accepted, Medicare and Medical certified, DME accredited, contract with 130 beds nursing home. Selling pharmacist will consider continuing working at the pharmacy part time or on equal partnership basis. This is by far the one of the best looking privately own pharmacy there is. Professionally designed layout, warm, inviting ambiance, expensive furnishing, huge aquarium with exotic fish, plasma TV for patients waiting for their prescriptions, too much to list. Pharmacist really put his heart and soul into this place. Very little marketing is done, great opportunities to contract local Boarding Cares, RCFEs, Hospices, etc. There are multiple medical buildings with many medical groups and private practices in the area. 200-250 prescription filled a day. Furniture, Fixture, Equipment valued around $300,000 included ''Prescription Robot'' (valued at $180-200K) included in selling price. Very substantial Front End revenue selling vitamins, health supplements, herbs, ethnic Asian health related goods and much more. Excellent Cash Flow. Gross sales is around 4.9 M and discretionary earnings around 520K. Inventory value over 200K is not included in sale. Excellent lease terms and options. Open 6 days a week 9 till 7 pm.
I also represent multiple Pharmacies in Riverside, Los Angeles and Ventura Counties in the price range from $160,000 to $1,500,000. EMAIL OR CALL ALEX LEVITAN, SUNBELT BROKER, AT (818) 640-8080.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$4,881,250
Cash Flow:
$576,240
Cash Flow Type: Sellers Discretionary Cash
Inventory: $520,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1977
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.
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Print Listing Id: 700116262
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