Retail Pharmacy For Sale
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1764000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1987
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 4 weeks at 30 hours per week following close of escrow.
Reason for Sale Manage closed door pharmacy.
Description Location! Location! Location! This profitable pharmacy is located in a Medical Building in greater Los Angeles area. It is located across from a major hospital that also feeds some patients to this pharmacy. Medical Complex has around 20 doctors. Price is $650,000 plus about $80K worth of inventory. With 50% down, Seller will carry the balance for a qualified Buyer. Year 2012 revenue is estimated at $1.76 million and adjusted net profit of $250,000 which includes Owner-pharmacist salary. RX count is ~110/day. The Owner started this pharmacy over 23 years ago. Pharmacy has Medi-Cal Provider # and has a stable clientele base. For more information, please contact Rashid Khalid at (818) 342-5222 ext 324 or cell phone 818 648-0635.
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