Well-established [2004] and profitable Pharmacy in Huntington Park
Well-established [2004] and profitable Retail Pharmacy located in the densely populated area of South Gate, Vernon, Lynwood, and Huntington Park of Angeles County. Conveniently located between 5 and 110 Highways. At present, there is one PharmD/PIC and one tech running the pharmacy. All major insurances are accepted. Medical, Medicare, Cigna, Express Scripts, Humana, OptumRX, and many others. Opportunities for servicing patients requiring controlled meds. Digital RX Software. The pharmacy is about 2 500 sf. The lease expires in 2025. Get a new lease and stay for another 10 years or relocate if you wish. Over $200K was spent on tenant improvements. Inventory is not included in the price and will be appraised before the close of escrow. Save time and headaches by opening a new Retail Pharmacy and applying for all insurance contracts. PSAO – CKAPHA. Averages 80-90 scripts a day. Steady Revenue 750-800K annually. 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. Wholesalers are Cardinal and a few small wholesalers. Open 6 days a week. All licenses and insurance contracts are in good standing. 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.
