37 Year Old Profitable Retail Pharmacy
After 37 successful years, the landlord decided to build an apartment building, so the pharmacy had to be relocated. Seller is about to retire; he doesn’t want to deal with relocation. Currently, he is filling about 60-65 scripts a day. Last year's revenue is about 1M, and the cash flow, including PIC’s compensation, is about 130K. Sherman Oaks/Valley Village area, a few medical buildings around.
Relocate to close proximity of Sherman Oaks or Studio City, and you may be able to keep patients. Clean license, no Board violations. Medicare/DEA/Medical. CVS Caremark, Humana, Optum, Blue Shield/Cross, [No Express Scripts], and many others, all in good standing, according to the seller. PIC may stay after relocation if needed, TBD.
A wholesaler is ASB and a few secondaries. RX Software is RX30/Outcomes.
Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence.
The seller is motivated. All of the above information per Seller: Please rely on your due diligence on market conditions and this industry before making any commitments or decisions.
Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. All of the above information per Seller. Please rely on your due diligence on market conditions and this industry before making any commitments or decisions.
