Retail Pharmacy In Arcadia With A Clean Room
Established in 2016, the retail pharmacy is located in the Arcadia/Monrovia area, Los Angeles County, near 210 Highway.
~ 1,100 sq. ft. of space, a new 5+5 lease will be signed with a qualified buyer. The lease is almost over, so the pharmacy can be relocated. Most of the major insurances are accepted. Medicare D, Medical is covering most of the patients. Clean license, no Board violations. According to the seller, Medicare/DEA/Medical, CVS Caremark, Humana, Express RX, Blue Shield/Cross, and many others are all in good standing. Open 5 days a week. 1 PIC, 1 tech. Beautiful custom made furniture. Furtniture, Fixture, and Clean Room,s value is over 200K. Seller spent over 50K bulding Sterile Compounding Room but never completed it due to financial reasons.
There is a clean room, but it is not 100% compliant, but it can be improved and become compliant with some additional work. Seller states that he spent over 50K building it.
The Pharmacy is located in a well-established residential/commercial area of Arcadia/Monrovia, with a few medical and veterinarian clinics in the area. A wholesaler is Cardinal and a few secondaries.
RX Software is a Pioneer RX. Averages 15-20 retail scripts a day. Diversified patient base. We are looking for licensed PharmD’s or investors who know the retail pharmacy business. Clean books, no Board violation, no litigation [per seller]. Inventory is ~20K - 30K, a 3rd party will appraise the entire inventory at the close of escrow.
Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. The 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. **Due to confidentiality, a general pharmacy photo is used in this ad.
