Recently established [2023] LTC Pharmacy located in the residential/commercial area of Sherman Oaks/Van Nuys, Los Angeles County. There are a few medical clinics nearby. Conveniently located near the 101 Freeway. Currently, one PharmD/PIC is running the pharmacy.
All major insurances are accepted. Medical, Cigna, Express Scripts, CVS/Caremark, Elixir, Med-Impact, Humana, and many others. Cardinal is the wholesaler. RX Software is DigitalRX. The pharmacy is about 2,000 sf. The lease expires on 12/2026 and has options to renew. The lease is assignable to a new qualified buyer. Can relocate if interested in relocation. Over $30K was spent on tenant improvements.
Save time and headache opening a new Retail Pharmacy and applying for all insurances. The business is marginal; consider it as an asset sale. PIC may stay if needed for a reasonable amount of time. NO marketing has yet been done.
Great opportunity to reach out to local RCFEs, LTCs, and Assisted Living Facilities, etc. Excellent lease terms and options. Open 5 days a week. All licenses and insurance contracts are in good standing. Busy traffic area, one of the major intersections in the San Fernando Valley area.
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 the Seller, please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.
Ad#:2503516
