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

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Pharmacy
Large retail pharmacy for sale due to owner’s retirement. Established over 50 years ago, under same ownership for 26 years, located inside busy shopping center near large local hospital in Los Angeles County. Loyal clientele, medical, medicare, private insurances, accredited for DME, Relationship with local boarding care facilities and RCFE. Open 5.5 days a week, 4,200 sq ft., excellent lease terms plus options. Seller is willing to stay during transition period and finance the purchase with substantial down payment. Pharmacy does around 4,000 prescriptions a month, no compounding. Revenue consists of 33% medical, 60% medicare, and 7% private insurances. Gross revenue in 2008 is 3.8M, Net profit is 426K. 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. For more information, please visit www.SunbeltCa.com print complete and fax a Confidentiality form to (818) 668 8597 and contact Alex Levitan at (818) 342-5222 ext. 330 or 818-640-8080.

Reference #: 12085

Industry:
Industry Segment:
Geography: Los Angeles County
Asking Price: 950,000
Gross Revenue: 3,756,950
Cash Flow: 397,675
Value of Inventory:
Value of Equipment: 15,000

Year Established: 1953
Number of Employees: full time: 4 - 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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