Large Retail Pharmacy in Prime Location

Encino, CA (Los Angeles County)

Large Retail Pharmacy in Prime Location
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Asking Price: Get Financing: $325,000

Cash Flow: $125,650

Gross Revenue: $725,652

EBITDA: $125,650

FF&E: $100,000

Inventory: $50,000*

Lease Rate: $5,800 /Month

Established: 2016

*not included in asking price.

Large Retail Pharmacy in Prime Location

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Business Description

Great opportunity to invest and operate newly established Retail/Compounding Pharmacy established in 2016. The Pharmacy is located in the beautiful business/residential area of Tarzana/Woodland Hills of Los Angeles County, inside a very busy shopping plaza near many medical offices. At the present time, there is one PharmD and 1 technician. All major insurances are accepted. Pharmacy is doing on average 50 prescriptions a day from local pedestrian traffic, 60 beds LTC facility and patients of medical offices located in the building. Brand/Generic % split is 20/80%. Compounding – Skin, BHRT, Pain. Medicare D/Most Private Insurances/DEA/ARETE Co-Op. Average monthly gross sale is 65K and grows every month. Opportunities for servicing patients requiring controlled meds. Digital RX Software. The pharmacy is about 1,850 sf. Plenty of room for a “clean room”. Over $100K was spent on tenant improvements. Inventory of about 50K is not included in price. Save time and headache opening new [Sterile, Non Sterile/Retail Compounding Pharmacy and applying for all insurances. PIC would like to stay if needed for a reasonable amount of time. NO marketing has yet been done. AT ALL! Great opportunity to reach out to local RCFEs, LTCs and Assisted Living Facilities, etc. Excellent lease terms and options. Wholesalers are HDSmith, PBA. Open 5 1/2 days a week. Motivated seller may consider management agreement with qualified buyer. All licenses and insurance contracts are in good standing.

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

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. All of the above information per Seller, please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,825
Lease Expiration:
9/9/2025
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Space for Clean Room or Lab
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Contact the Seller

(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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