Community & Compounding Pharmacy WLA

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This listing is: In Escrow

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

bizex

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


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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.

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