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Pharmacy
Excellent Opportunity to invest in successful, large retail pharmacy near large local hospital in Los Angeles County. This 3,000 s.f. Pharmacy is located in heavily populated area of Hawthorne, Torrance, Gardena and “Bay Cities” by 405-110-105 freeways. Established over 30 years ago. Loyal clientele, all major insurances are accepted, Medicare and Medical certified, DME accredited, contract with 130 beds nursing home. Selling pharmacist will consider continuing working at the pharmacy part time or on equal partnership basis. This is by far the one of the best looking privately own pharmacy there is. Professionally designed layout, warm, inviting ambiance, expensive furnishing, huge aquarium with exotic fish, plasma TV for patients waiting for their prescriptions, too much to list. Pharmacist really put his heart and soul into this place. Very little marketing is done, great opportunities to contract local Boarding Cares, RCFEs, Hospices, etc. There are multiple medical buildings with many medical groups and private practices in the area. 200-250 prescription filled a day. Furniture, Fixture, Equipment valued around $300,000 included “Prescription Robot” (valued at 180-200K) included in selling price. Very substantial Front End revenue selling vitamins, health supplements, herbs, ethnic Asian health related goods and much more. Excellent Cash Flow. Gross sales is around 4.9 M and discretionary earnings around 520K. Inventory value over 200K is not included in sale. Excellent lease terms and options. Open 6 days a week 9 till 7 pm. I also represent multiple Pharmacies in Riverside, Los Angeles and Ventura Counties in the price range from $160,000 to $1,500,000. 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. 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. CALL ALEX LEVITAN, SUNBELT BROKER (818)640-8080, OR SUBMIT THE NDA ONLINE. WWW.SUNBELTCA.COM - CONFIDENTIALITY AGREEMENT-SUBMIT ONLINE-PREFERRED BROKER ALEX LEVITAN Reference #: 12130
Industry:
Industry Segment:
Geography:	Los Angeles County
Asking Price:	1,380,000
Gross Revenue:	4,881,250
Cash Flow:	576,240
Value of Inventory:	250,000
Value of Equipment:	270,000
Year Established:	1977
Number of Employees:	full time: 0 - part time:
Mgmt Training/Support:	2 weeks at 20 hours per week
Reason For Selling:	Retiring
Broker Name:	Alex Levitan
Company:	Sunbelt Business Brokers
Email:
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