Retail Pharmacy In Los Angeles County For Sale

Description

Retail pharmacy in the San Fernando Valley, Los Angeles County.

The pharmacy opened in 1982 and operates from a medical park with several medical offices.

Prescription Volume

• Prescriptions filled: approximately 160–180 per day
• Operating schedule: 5 days per week
• Medical patient revenue: more than 60% stated

Financials

• 2024 revenue projection: approximately $4.5 million
• Cash flow: approximately $500,000–$550,000 stated, including PIC salary

The $4.5 million figure was presented as a 2024 projection. No later actual revenue figure was provided.

Location and Premises

• Area: San Fernando Valley, Los Angeles County
• Space: approximately 1,150 sq ft
• Tenant improvements: more than $50,000 stated
• OTC retail area
• More than 25 prescribing physicians in the medical park stated

Insurance and Systems

• Medicare Part D
• Medi-Cal
• Express Scripts
• OptumRx
• Cigna
• Blue Cross / Blue Shield
• Anthem
• Molina
• Caremark / CVS
• Humana
• Other plans stated

• PSAO: AlignRx
• Wholesaler: Cardinal
• Pharmacy software: DigitalRX
• DEA status: accreditation stated in the source

Staff and Referrals

Physician offices in the medical park include pain management, OBGYN, dermatology, rheumatology and dental practices.

The current PIC may remain after the sale if an agreement is reached.

A management arrangement may also be possible for a qualified California PharmD buyer, subject to approval.

Seller

The seller may help with the ownership change and insurance contracts after closing, subject to agreed terms.

Financing

The business is described as SBA financeable, with a 15%–20% buyer contribution referenced. Final financing terms depend on lender approval.

Possible Changes

• More outreach to physicians in the medical park
• Retirement home accounts
• Assisted living facilities
• Hospice accounts
• Home health agency relationships

Other Details

• Established: 1982
• Asking price: not provided
• Employee count: not provided
• Monthly rent: not provided
• Exact address: not provided