Sunbelt Business Brokers of Tarzana Los Angeles California - Buy or sell a business or franchise

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Pharmacy
EXCELLENT OPPORTUNITY TO ACQUIRE PROFITABLE HOLDING OF 3 PHARMACIES, LOCATED IN BUSY COMMERCIAL AND RESIDENTIAL AREA OF RIVERSIDE, THE OLDEST PHARMACY WAS ESTABLISHED IN 1956 AND UNDER CURRENT OWNER SINCE 1993. THE SECOND PHARMACY WAS ESTABLISHED IN 1975 AND UNDER CURRENT OWNER SINCE 2001. THIRD WAS ESTABLISHED IN 2008. LOCATED INSIDE MEDICAL BUILDING IN NEWLY DEVELOPED AREA OF MORENO VALLEY IN RIVERSIDE. LOYAL CLIENTELE, MEDICAL, MEDICARE, PRIVATE INSURANCES ARE ACCEPTED, OLDER PHARMACIES FILL AROUND 3,000 PRESCRIPTIONS PER MONTH EACH, AND THE NEWEST ONE FILL AROUND 1,200 PER MONTH AND GROWING DUE TO NON-EXISTING COMPETITION AROUND. OPEN 6 DAYS A WEEK. PHARMACIST CAN STAY PART TIME AFTER ACQUISITION PER BUYER’S REQUEST. DME ADDS ADDITIONAL REVENUE. LONG LEASE TERMS. AMPLE PARKING. PHARMACIES CAN ALSO BE SOLD SPARATELY, ONE BY ONE. PER 2008 P&L, HOLDING GROSSED $4,579,209 AND NET WITH ADD BACKS IS AROUND $1,000,000. 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. CALL ALEX LEVITAN, AT 818-640-8080 OR 818-342-5222 EXT. 330 OR SUBMIT THE CONFIDENTIALITY AGREEMENT ONLINE AT WWW.SUNBELTCA.COM – CONFIDENTIALITY AGREEMENT- SUBMIT ONLINE-PREFERRED BROKER ALEX LEVITAN.

Reference #: 12067

Industry:
Industry Segment:
Geography: Riverside
Asking Price: 2,195,000
Gross Revenue: 4,579,209
Cash Flow: 1,079,625
Value of Inventory:
Value of Equipment:

Year Established: 1993
Number of Employees: full time: 8 - part time:
Mgmt Training/Support:
Reason For Selling: Retiring

Broker Name: Alex Levitan
Company: Sunbelt Business Brokers
Email:

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Sunbelt California - Tel: (818) 342-5222 - Fax: (818) 668-8597 - E-mail:
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