This established retail pharmacy presents an exceptional acquisition opportunity for licensed pharmacists or experienced investors. Founded in 2002, the business operates from a strategic 1,000 square foot location within a prominent medical building in the Westchester/Playa Vista area of Los Angeles, positioned near LAX in a well-established commercial district.
Operational Excellence:
The pharmacy maintains comprehensive insurance coverage including Medicare, DEA, Medical, CVS Caremark, Humana, Optum, and Blue Shield/Blue Cross contracts, with all accounts in good standing. Operating five days weekly, the facility processes 150-160 retail prescriptions daily with a diversified patient base. The operation utilizes Digital RX software and maintains PSAO affiliation with ALIGN.
Staffing and Infrastructure:
Current staffing includes one Pharmacist-in-Charge, two technicians, one clerk, and two part-time delivery personnel. The business holds a clean license with no regulatory violations or litigation history. McKesson serves as the primary wholesaler, supplemented by secondary suppliers.
Revenue and Market Position:
The pharmacy generates steady annual revenue of approximately $6 million, supported by established relationships with boarding care homes, hospices, and home health agencies. Ten prescribers operate within the building, providing consistent referral opportunities. The location benefits from proximity to multiple medical facilities in the LAX corridor.
Financial Structure:
Inventory is valued at approximately $200,000, subject to third-party appraisal at closing. A new 5+5 year lease will be executed with qualified buyers. Complete financial statements, inventory documentation, and operational records are available to qualified purchasers during due diligence.
This turnkey operation offers immediate cash flow potential in a stable healthcare market, ideal for pharmacists seeking ownership or investors with pharmacy industry experience. Proof of funds required for consideration.
Ad#:2475683