Established in 2022, retail pharmacy strategically positioned in Oxnard's high-traffic commercial corridor near major retailers including Costco and Riverpark Collection. The 1,050 square foot facility operates under comprehensive insurance contracts including Medical, Medicare, Cigna, Express Scripts, Humana, and OptumRx, ensuring broad patient accessibility and revenue diversification.
Operational Infrastructure:
• Licensed PharmD/PIC currently managing operations
• Pioneer RX software system for prescription management
• McKesson/Cardinal wholesale partnerships
• PSAO affiliation through Leadernet
• Processing 20-25 prescriptions daily with growth potential
Strategic Advantages:
• Assignable lease through March 2032 with renewal options
• $20,000 in completed tenant improvements
• Adjacent medical clinic with three prescribing physicians
• Prime location at major Oxnard intersection near Highway 101
• Five-day operating schedule allowing work-life balance
Growth Opportunities:
The pharmacy operates in an expanding residential market with multiple apartment developments under construction. Significant untapped potential exists through outreach to local residential care facilities, long-term care centers, and assisted living facilities. No formal marketing initiatives have been implemented, presenting immediate expansion opportunities.
Financial Considerations:
Inventory valued at approximately $60,000 requires separate negotiation and professional appraisal. All insurance contracts and professional licenses maintain good standing. The seller demonstrates motivation for timely transaction completion.
This turnkey operation eliminates the complexities of new pharmacy establishment, including insurance credentialing processes. The business provides an immediate entry point into Ventura County's growing healthcare market with established operational systems and strategic positioning for expansion.
Ad#:2464592