Profitable Retail Pharmacy in Riverside County!

Sun City, CA (Riverside County) (Relocatable)

Seller Financing Available
Profitable Retail Pharmacy in Riverside County!
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Asking Price: $688,880

Cash Flow: $276,520

Gross Revenue: $2,170,450

EBITDA: N/A

FF&E: N/A

Inventory: $70,000*

Rent: $1,825 /Month

Established: 2015

*not included in asking price.

Profitable Retail Pharmacy in Riverside County!

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Business Description

Great opportunity to invest in recently established [founded in 2015] Retail Pharmacy located in the area of Sun City/Menifee/Perris in the Riverside County, 20 min from Lake Elsinore. All major insurances are accepted. Well established contracts [non exclusive] with a few Home Health Care agencies, hospices, and Boarding Care facility. More facilities are on the way. Medicare D/Medical/DEA accredited. 110-120 scripts a day. Very limited competition. Inventory is around 70K is extra. Wholeseller is the HD Smith/Bergen. Beautiful fixtures, shelves. Over 30K in tenant improvements. Great opportunity for compounding and networking with medical clinics in the area. Save time and headache opening new Pharmacy and applying for all insurances. Excellent lease terms and options. Open 5 days a week 8:30 to 5:30 pm. 2 Part time techs. Deliveries to local patients. Motivated seller. We are looking for licensed PharmD’s. Medicare/Medical/Private breakdown is 70/20/10. At the present time Seller’s Discretionary earning is around 275K per year. 1,200 sf area. $1,825 lease. Management agreements MAYBE possible to qualified buyers. Average monthly sale is 180K in 2018, small increase every month. Started at 40K at the time they started in mid 2015.

Call Alex Levitan- Pacific Business Brokers (818)640-8080, or request an NDA– Confidentiality Agreement-

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:
1,200
Lease Expiration:
8/16/2023
Employees:
3
Financing:
negotiable
Support & Training:
Seller will train, 2 weeks 20 hours per week
Reason for Selling:
Other plans
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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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