Profitable Retail Compounding Pharmacy in Encino-Sherman Oaks area

, California 11 views 0 favorites

Financial Highlights
Asking Price
$590,800
Revenue
$1,026,695
Business Description

Great opportunity to invest in well established [opened in 2005, S Corp] Retail and Non Sterile Compounding. USP 800 Compliant. Pharmacy located in Encino/Sherman Oaks, Los Angeles County. Conveniently located near 101 and 405 highway, near Encino Hospital inside a medical building. Most of major insurances are accepted, such as Medicare D, Express Scripts, Optum RX, Cigna, Blue Shield/Blue Cross, Anthem, Molina, Caremark/CVS, Humana, Health Mart Atlas PSAO. DEA accredited. Well established referrals from medical practices located inside the building – Pain Management Clinic, Plastic Surgery Clinic, Infertility, Dermatology, Neuro Surgical Clinic and a few Dentists. Opportunities of consulting and compounding for BHRT, DNA genetics, Immunization, etc. Averages 60 scripts a day and 5-10 compounds. No marketing is done, great opportunity to contact local retirement homes, Medical offices, Boarding Cares, RCFEs, Hospices, Home Health Care Agencies, etc. Wholeseller is Cardinal. Software is Cerner - Etreby. The pharmacy is about 1,000 sf. Over 80K was spent on Tenant Improvement. Average Gross is 1M, Cash Flow is around 300K [including PIC salary]. Current PIC may stay for a transition period. Save time and headache opening new Pharmacy and applying for all insurances. Excellent lease terms and options. Open 5 days a week. Good Lease. We are looking for licensed PharmD’s. Call Alex Levitan-Pacific Business Broker (818)640-8080, or email levchik@yahoo.com and request an NDA. 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. Location: Encino, California Year Established: 2005 Number of Employees: 2 Relocatable: Yes Real Estate: Leased Building Sq. Ft.: 900 Rent: $4,100.00 Per Month Lease Expiration: 2/25/2026 Facilities: USP 800 compliant clean room

Business Details
Industry:
Health Care & Fitness
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 22 hours ago

Views: 11

Favorites: 0