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Pharmaceutical

Profitable Pharmacy In Chino, San Bernardino, Medical Building

Chino Hills, CA, USA
Listed 59 days ago
Established 2021

Well established [2021] Retail Pharmacy located in the commercial/residential area of Chino Hills, Los Angeles County. Located inside a medical building, surrounded by multiple medical buildings. Currently, one PharmD/PIC is running the pharmacy. All major insurance plans are accepted. Medical, Cigna, Express Scripts, Optum, CVS/Caremark [application pending], Elixir, Med-Impact, Humana, and many others. Cardinal and McKesson are the wholesalers. RX Software is Digital RX. The pharmacy is about 1,100 sf. The lease expires in 6/2027 and has options to renew. The lease is assignable to a new qualified buyer. Over $50K was spent on tenant improvements. The prescription count is steady at 90-120. Annual Revenue is ~1.5M per year. Servicing 4 ADHCs. Growing San Bernardino County. Save time and headaches when opening a new Retail Pharmacy and applying for all insurance. The business is marginal; consider it as an asset sale. PIC may stay if needed for a reasonable amount of time. NO marketing has yet been done. Great opportunity to reach out to local RCFEs, SNFs, LTCs, and Assisted Living Facilities, etc. Excellent lease terms and options. Open 5 days a week. All licenses and insurance contracts are in good standing. Busy traffic area, one of the major intersections in Chino Hills. Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. Seller is motivated. All of the above information is per the Seller; please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.

Location

Chino Hills, San Bernardino.

Employees

2

Real Estate

Lease

Relocatable

This business can be relocated

Leasehold Rent

4,750 per month per annum

Management Type

This business is owner operated.

Premises Details

All major insurance plans are accepted. Medical, Cigna, Express Scripts, Optum, CVS/Caremark [application pending], Elixir, Med-Impact, Humana, and many others.

Support & Training

M-F 9-6

Expansion Potential

Great opportunity to reach out to local RCFEs, SNFs, LTCs, and Assisted Living Facilities, etc. Excellent lease terms and options. Open 5 days a week. All licenses and insurance contracts are in good standing. Busy traffic area, one of the major intersections in Chino Hills. 1,100 square feet

Size In Square Feet

1,100 square feet

Competition / Market

A few pharmacies in the area, they do not deliver. This one does.

Inventory / Stock Value

$90,000

Reason for Selling

Family matters

Financials

Asking Price
Undisclosed
RevenueMost Recent Year
$1.5M
Earnings (SDE)Last Reported
$187K
Assets ValueIncluded in Asking Price
$26K
Seller Financing
Not available

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