Retail Pharmacy in Prime Glendale Location

Glendale, CA (Los Angeles County)

Retail Pharmacy in Prime Glendale Location

Asking Price:$650,000

Cash Flow:$148,000

Gross Revenue:$1,918,000





*not included in asking price.

Retail Pharmacy in Prime Glendale Location

Get Financing Save Print Share Valuation Report

Business Description

Excellent Pharmacy in Prime Glendale Area with Great Growth Potential

Long established retail pharmacy with lab equipment for compounding on a high traffic boulevard in the heart of Glendale with maximum street exposure. Averages between 130 - 150 Rx's per day. Averages almost 3,000 Rx's per month. Operating hours are Monday-Friday from 10:00am to 6:30, and Saturdays from 10:00am to 2:30pm. It is Medicare Accredited and is contracted with most insurances and has a Medi-Cal Provider Number.

Absentee-Owner run since the current Pharmacist-Owner purchased. Rx volume has grown by about 10-15% in the last 18 months with no marketing whatsoever. Currently being run by a full-time Pharmacist employee and 2 Technicians. This pharmacy has tremendous potential for a Pharmacist Owner-Operator. Rent is $4,500 per month with 3 years left on the lease plus a one 5-year option to renew (can be extended). Store size is 1,400 sq. ft.

Ideal location to have an in-house clinic or grow the compounding business and area. Owner is selling due to retirement. Serious inquiries only please. SBA available with at least 30% down payment for a Pharmacist-Buyer. Asking price does not include inventory worth approximately $100,000. Current Owner has upgraded the QS1 software and purchased new hardware in 2014. Please email me at or call me at 818.636.3131 for more information. Serious inquiries only please.

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will train for 2 weeks after close of escrow at no charge to buyer.
Reason for Selling:
Owner retiring

Listing Statistics for Premium Members

Business Location

Ad#:1225067 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Anthony Nercessian

Business Listed By:
Anthony Nercessian


Show Phone Number

View My Listings

Find out more...

Get more details about this business.

Similar Listings

Sport Clips

Franchise Opportunity In CA
Capital Required: $158,300