Well-established [2017] retail pharmacy in the commercial/residential area of Agoura Hills/Westlake Village, Ventura County, located inside a medical building with a few other medical buildings in the neighborhood. Currently, one PharmD/PIC and a tech are running the pharmacy. Most of the patients are from the medical building; there are many medical practices to work with.
All major insurance plans are accepted. Medical, Medicare, Cigna, Express Scripts, Optum, CVS/Caremark, Elixir, Med-Impact, Humana, and many others. Cardinal is the wholesaler. RX Software is the PIONEER RX. PSAO is Leadernet/IPA.
The pharmacy is about 1,000 sf. The lease expires in 11/2027 and has options to renew. The lease is assignable to a new qualified buyer. Over $50K was spent on tenant improvements. The prescription count is steady at 90-110. Annual Revenue is ~1.6M per year. Servicing a few ADHCs and ALFs. Steady referrals and loyal patients. RX inventory is ~80K-100K; will be appraised at the close of escrow. PARATA MAX2 and SYNMED XF automated pill packing systems are included in the sales price.
Save time and headaches when opening a new Retail Pharmacy and applying for all insurance. PIC may stay if needed during the transition. NO marketing has yet been done.
Excellent lease terms and options. Open 5 days a week. All licenses and insurance contracts are in good standing. No Board violations, clean PBM history
The Seller will gladly provide financial statements, an Inventory Count, and any additional information to qualified buyers during due diligence. Proof of funds is required. Seller is motivated. All of the above information is provided by the Seller; please rely on your own due diligence on market conditions and this industry before making any commitment or decisions.
