Shell Retail Pharmacy In San Diego County
A well-established [2020] retail pharmacy is located in West San Diego County, near 15 Highway. 25-30 minutes from Escondido, San Diego, and Del Mar. Small Medical Building with 4 prescribers.
~ 900 sq. ft. of space, a new 5+5 lease will be signed with a qualified buyer. Current lease expires on 5/2027. 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, Optum, Blue Shield/Cross, and many others are all in good standing. Open 5 days a week. 1 PIC and 1 driver.
The Pharmacy is located in a well-established residential/commercial area of West San Diego County, with a few medical and veterinarian clinics in the area. A strong marketer will be a huge plus; there are multiple medical offices in the area. A wholesaler is Cardinal and a few secondaries. RX Software is a Pioneer RX.
The script count is marginal. Averages 10-15 retail scripts a day. Diversified patient base. PIC may stay during the transition, and, possibly, after the acquisition is finalized, open to negotiation.
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 ~10K - a 3rd party will appraise the entire inventory at the close of escrow. Lots of OTC stuff brings extra cash flow. The owner/seller is absentee; the PIC may stay, TBD.
Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. All of the above information is per the Seller. Please rely on your due diligence on market conditions and this industry before making any commitments or decisions.
