Medical Building Pharmacy For Sale
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $459000
Net Profit / Cash Flow $117000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2010
Number of Employees 1 - 3
Inventory 110000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Focus on other pharmacy.
Description Great opportunity to own a Good Neighbor community pharmacy in Orange County. Well placed in the lobby of an up and coming, state of the art medical building, the new owner may expect near term growth as patient visits to the building climb. Landlord may be lowering the rent soon. Getting in on the ground floor of a new medical building is somewhat challenging for a start-up pharmacy, but now the pharmacy is beginning to thrive since the facility is hosting a 30+ bed medical dialysis care unit, an emergency care unit open until 9pm and at least 18 medical doctors. Now that St. Josephs & Hoag Hospital have joined together to form Covenant Health Network, the pharmacy anticipates additional sales volumes.
Current owner owns and operates another pharmacy nearby and will continue to work with some of the doctors in the building. He wants to re-focus his energy to maintain the success of the other pharmacy and is willing to part with this gem. He will provide guidance and training to the buyer.
- Accepts all insurance including Medicare and Medical.
- Amerisource Bergen is a wholesale supply source.
- Anda is a wholesale supply source.
- PDX is the software solution for the pharmacy.
- Over $100,000 was spent to build-out the pharmacy.
To maximize profit, the new owner will want to operate the pharmacy. Current owner employs pharmacist for 32 hr/wk at $53/hr for 52 weeks. Total wages $88,192. ^Disc Earnings are before pharmacist's salary. To create more revenue, a new owner will want to operate longer hours M-Sat, offer travel and immunization shots, provide more front items for building staff and visiting patients.
For more information, please call Tom Plotkin at 310.882.220 x 127 - Lic#: 01895229
Click Here To Contact Seller
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