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Pharmacy, DME, Gifts, B&W West Union
Profitable Pharmacy and real estate located in Eastern part of Riverside County. The Pharmacy is located on a busy Boulevard in the middle of business district. Price of the pharmacy is $700,000 and for 14000 sq ft (23000sq ft lot) real estate it is $1.3 million. Year 2008 revenue was $3.95 million and adjusted net profit of $300,000. Pharmacy opens Monday-Friday 9 am to 7 pm and on Saturday 9 am to 1 pm. Average # of RX/day is 250. Revenue breakdown is: 22% Medi-Cal, 4% Medicare, 60% private insurances, 6% cash customers and 8% general merchandise. Drugstore sells gift items, medical equipment & supplies, and beer & wine. Also has money transfer and bill pay service. Pharmacy has been in operation for over 40 years; the current owner has it for 4 years. Pharmacy has a very stable clientele base. Rent for the 8000 sq ft occupied by the Drugstore is $6,500/month. Additional 6000sq ft space is occupied by a medical clinic at $6,600/month rent. Only Buyers with California pharmacist license and sufficient funds to purchase the Pharmacy, Please!!! For more information, please contact Rashid Khalid at 818 342-5222 ext 324 or Arnold Lee at 818-342-5222 ext 310 Reference #: 12016
Industry:
Industry Segment:
Geography:	Riverside County
Asking Price:	700,000
Gross Revenue:	3,950,000
Cash Flow:	300,000
Value of Inventory:	350,000
Value of Equipment:	20,000
Year Established:	1969
Number of Employees:	full time: 3 - part time:
Mgmt Training/Support:	4 weeks at 40 hours per week following close of escrow
Reason For Selling:	Relocation
Broker Name:	Rashid Khalid
Company:	Sunbelt Business Brokers
Email:
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