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Listed by:

Pacific Business Exchange

Retail Pharmacy In North Hills For Sale

North Hills, California, US
Asking Price:
$598,650 Furniture / Fixtures included
Sales Revenue:
$1,945,960
Cash Flow:
$246,985

Busy Retail Pharmacy in San Fernando Valley, All Major PBMs

Located in a corner shopping plaza in North San Fernando Valley, Panorama City/North Hills area of Los Angeles County. ~ 1,600 sq. ft. of space, $3,400 Lease expires in September of 2028 with options, the buyer will get a lease assignment. Most of the major insurances are accepted [No Optum]. PSAO is Atlas Health. Clean license, no Board violations. Medicare/DEA/Medical. According to the seller, CVS Caremark, Humana, Optum, Blue Shield/Cross, and many others are all in good standing. Open M-F 9-5, PIC may stay if needed. Free-standing building, with plenty of space for a compounding area. It averages 120 scripts a day. Well-established contracts with 70 beds ALF and RCFEs. Servicing 150 visitors ADHC. 2024 Revenue ~ 2M, SDE ~240K (Including PIC/Owner's salary) Plenty of space for a compounding area. 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 due diligence on market conditions and this industry before making any commitment and decision making. Clean books showing a consistent profit, maybe SBA financeable.

Property Information

Real Estate:

Lease

Lease Terms:

Lease expires in September of 2028 with options, the buyer will get a lease assignment. Rent: $3,400.00.

Location:

Located in a corner shopping plaza in North San Fernando Valley, Panorama City/North Hills area of Los Angeles County.

Premises Details:

Free-standing building, with plenty of space for a compounding area. ~ 1,600 sq. ft. of space. High Quality Cabinets, Displays, Equipment, Fixtures.

Size in square feet:
1,600

Business Operation

Expansion Potential:

Most Major PBMs Medicare Medical Express Script CVS Caremark Humana and many others. Plenty of space for a compounding area.

Competition / Market:

Growing Patient Base in Very Busy Medical Population Area Servicing Home Health Care Agency, SNF, RCFEs, and ADHC. Well-established contracts with 70 beds ALF and RCFEs. Servicing 150 visitors ADHC.

Reasons for selling:

Other Business Plans

Trading hours:

Open M-F 9-5

Employees:
3
Years established:
5

Other Information

Support & training:

Seller Will Train. PIC may stay if needed. TBD

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller financing available. Must have large downpayment, well-qualified PharmD. Maybe SBA financeable.

Furniture / Fixtures value:
$50,000 - included in the asking price