Background
| BizEx ID: | BizEx1411-TP |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Healthcare Pharmacies & Drug Stores |
| Years in Business: | 68 |
| Under Present Owner: | 20 |
| Hours of Operation: | Monday - Friday |
| Owner Hours: | 9:00 am - 4:00 pm |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | March 31, 2023 |
| Lease Options: | New Lease |
| Building Size: | 1525 sf |
| Employees: | 2 |
| Reason for Sale: | Focus on other interests. |
Financials
| Asking Price: | $295,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $421,196 |
| Discretionary Cash Flow: | $62,146 |
| FF&E: | $22,000 |
| Inventory Included? | No |
| Inventory: | $47,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $7,584 |
| Financing: | Call |
| 2022 | 2021 | 2020 | |
|---|---|---|---|
| Gross Sales | $ 464,476 | $ 580,121 | $ 756,518 |
| Gross Profit | $ 238,825 | $ 266,460 | $ 330,759 |
| Disc. Earnings | $ 76,230 | $ 36,262 | $ 61,754 |
Description
Great opportunity to acquire a well-established Community & Compounding Pharmacy operational since 1954 and located in a convenient, neighborhood retail center.
The current owner has owned and operated the pharmacy for the last 20 years providing Compounding Service, Pain Management and Wellness Products. In addition, the pharmacy also has an active front business including personal mailboxes for rent as well as the opportunity to renew an in-store US Post Office contract which is currently inactive.
Insurances Include:
Blue Shield of California
CVS Caremark and Optum Rx
Medi-Cal
Aetna
Medicare
Humana
Primary Wholesalers:
Amerisource Bergen - Keysource - Southpointe
Computer Software
Digital Business Solutions - Version 5.1.4.4 - Windows Operating System
Automated Signature Logs captured by Pharmacy Software
Note: There was a CBOP case against the Pharmacy and the Pharmacist in Charge which was settled. The case did not involve any personal injury or fraud. Licenses for both remain in clear status.
For more information, please visit Bizex.net to complete the Buyer Registration & N.D.A. Contact: Tom Plotkin at 310.882.2200 x 127 - tplotkin@bizex.net - Lic#: 01895229
Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
