Community Pharmacy - South East - LA

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Background

BizEx ID:BizEx1267-TP
General Location:Cerritos, CA
Category: Retail
Health, Medical & Dental
Years in Business:2 years
Under Present Owner:2 years
Hours of Operation:M, T, Th, F: 1:30-6:30pm Sat 8am - 6pm
Owner Hours:As above.
Training:1 weeks @ 2 hours
Organization Type:C-Corp
Lease Expiration:Seller owned.
Lease Options:Seller owned.
Building Size:548 sf
Employees:1
Reason for Sale:Focus on other pharmacy

Financials

Asking Price:$155,000
Down Payment:$155,000
Gross Sales:Call
Discretionary Cash Flow:Call
FF&E:$10,000
Inventory Included?Yes
Inventory:$2,000
Min. Operating Capital:
Real Estate Available?No
Rent:$2,400

Description

Excellent opportunity to acquire a turnkey Retail Pharmacy which started operating in 2017. This well-appointed pharmacy is located in a modern center surrounded by medical, optometry, hospice,  and dental offices.
 
The building is in close proximity to a busy supermarket and restaurants. Plenty of parking for clients, deliveries, and pick-ups.
 
Monthly rent payment ($2400) includes NNN, ADT alarm system with Security EnviroBlinds with remote and with CCTV camera accessible on a smart mobile device.
 
Term: Negotiable. Can also relocate if preferred. Inventory and FF&E of about 12K included in price.
 
Almost $30k spent in tenant improvement. Seller will be moving existing patient prescription files to Orange County location. Buyer to do its own marketing.

Most of the major insurances are accepted. CareMark, Aetna, Cigna, Express Scripts, Humana / Argus, EnvisionRx Options, MedImpact and Medicare Part B (DME) certified. Pending: Medical, OptumRx.. PSAO: Access Health. Software: Rx30.
 
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


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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.




Tom Plotkin
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 127
Direct: (818) 585-4215
Lic#: 01895229

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations