Established [2013] Retail Pharmacy located in the residential/commercial area of Escondido, San Diego County, and located adjacent to a busy large medical group with at least 20 medical prescribers. Currently, one PharmD/PIC is running the pharmacy. Can be relocated. Files were sold to another pharmacy; the revenue before the sale was nearly 2M.
All major insurances are accepted. Medical, Cigna, Express Scripts, CVS/Caremark, Elixir, Optum RX, Med-Impact, Humana, Blue Shield/Blue Cross, and many others. Cardinal, Amerisource Bergen, and IPXC are wholesalers. RX Software is Pioneer RX. The pharmacy is about 1,210 sf. The lease expires in 12/2029 and includes renewal options. Over $150K was spent on tenant improvements, which include: 3 Refrigerators, 1 large controlled drugs metal safe, high-end furniture, laminate flooring, metal bars security roll-outs, security cameras indoors and outdoors, TV screen and monitor, office room fully furnished, a room with a sink where compounding can be done, ADT security, disability compliant bathroom, electric vehicle charger.
The prescription count is marginal; consider this as an Assets Sale.
Save time and headaches when opening a new Retail Pharmacy and applying for all insurance. The business is marginal; consider it as an asset sale. PIC may stay if needed for a reasonable amount of time.
NO marketing has yet been done.
Great opportunity to reach out to local RCFEs, LTCs, and Assisted Living Facilities, etc. Excellent lease terms and options. Open 5 days a week. All licenses and insurance contracts are in good standing. Busy traffic area, one of the major intersections in Escondido.
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 is per the Seller; please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.
