Pharmacy And Market

Business Summary

Great opportunity to invest in a new Retail Pharmacy located in downtown Burbank, Los Angeles County. All major insurances are accepted. Recently opened Pharmacy averages 50-60 scripts a week, very few vets. compoundings. Medicare/DEA accredited, no Medical. Medical Offices are located next door and in adjacent buildings. 1,800 sf, split between the pharmacy and beautifully set up market with Beer and Wine fridges, Lotto, etc. According to seller, City of Burbank is not issuing new B&W licenses. Inventory around 70K is extra. Save time and headache opening new Pharmacy and applying for all insurances. Monthly sale is growing steady, month after month (as of 02/2015, monthly sale is 40K). High traffic, large residential and commercial developments are under construction, close to IKEA, Burbank Mall and the I- 5 Freeway. Seller owns a building, good lease for the right buyer. Seller will gladly stay as PIC if needed. Excellent lease terms and options. Wholeseller is McKesson, Software is PioneerRX. Open 5 days a week 10 to 6 pm. No tech, PIC is running the show. Deliveries to local patients. Motivated seller. We are looking for licensed PharmDs. Management agreement is possible for California licensed PharmD only. 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. For more information, please visit www.SunbeltCa.com to print or complete a Confidentiality Form online and contact Alex Levitan at 818-640-8080 and also at levchik@yahoo.com.

Financials


Asking Price Range:  $250K – $500K

Gross Revenues:  

$400,000

Cash Flow:  

$120,000

Cash Flow Type:  Sellers Discretionary Cash


Seller Financing:  No

About The Business


Year Established:  2014

Number of Employees:  1 – 3

Relocatable:  No

Franchise:  No

Current Real Estate:  Leased

Property:  Property For Lease







Click on the “Contact Seller” button for more information on this Health and Medical > Pharmacy business for sale.

Print Listing Id: 700235413
Contacts:
Posted by: philco on