Infusion, LTC, Closed Doors since 2003! All Major Insurances

West Hills, CA (Los Angeles County)

Infusion, LTC, Closed Doors since 2003! All Major Insurances
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Asking Price: $375,880

Cash Flow: $138,268

Gross Revenue: $378,650

EBITDA: N/A

FF&E: $20,000

Inventory: $15,000*

Rent: $1,900 /Month

Established: 2003

*not included in asking price.

Infusion, LTC, Closed Doors since 2003! All Major Insurances

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Business Description

Great Opportunity to invest and operate profitable Infusion/Long Term Care/Closed Doors Pharmacy located in the Woodland Hills/Calabasas/West Hills area of Los Angeles County, in close proximity to large local hospital. Established in 2003. Seller is retiring. Well established Commercial/Residential neighborhoods of West Hills/Woodland Hills. Great visibility, convenient parking. At the present time, there is 1 PharmD/PIC and part time tech running this pharmacy. Most of major insurances contracted, DEA, Medicare D/Medical, Optum RX, Caremark/CVS, Express Scripts, Humana, and many others. Clean Room is USP 800 compliant. Opportunities for servicing patients requiring controlled meds. FSI Pharmacy Management System Software. The pharmacy is about 1,300 sf. Monthly lease is $1,900. Current lease is month to month. You can relocate or sign a new lease. Over $50K was spent on tenant improvements and pharmacy equipment. No compounding but with compliant clean room you can start doing compounding. Save time and headache opening new Retail/Compounding Pharmacy and applying for all insurances. PIC may stay if needed for a reasonable amount of time. NO marketing has yet been done, great opportunities to reach out to multiple LTC facilities in the area. Pharmacy currently services multiple Boarding Care Facilities. Wholesaler is Amerisource. Inventory is 15-20K. Open 5 days a week. Motivated seller may consider management agreement with qualified buyer. All licenses and insurance contracts are in good standing. No seller financing.

Call Alex Levitan- Pacific Business Brokers (818)640-8080, and request an NDA.

Detailed Information

Location:
West Hills, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,300
Lease Expiration:
6/17/2020
Employees:
1.5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will train
Reason for Selling:
Semi Retirement
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(from currently available funds)
 
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Alex Levitan

Business Listed By:
Alex Levitan

Pacific Business Advisors

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Sponsoring Broker:
Fred Mercuro

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