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Retail Pharmacy In Huntington Park

Huntington Park, CA, USA
Listed 261 days ago

Well-established [2004] and profitable Pharmacy in Huntington Park Well-established [2004] and profitable Retail Pharmacy located in the densely populated area of South Gate, Vernon, Lynwood, and Huntington Park of Angeles County. Conveniently located between 5 and 110 Highways. At present, there is one PharmD/PIC and one tech running the pharmacy. All major insurances are accepted. Medical, Medicare, Cigna, Express Scripts, Humana, OptumRX, and many others. Opportunities for servicing patients requiring controlled meds. Digital RX Software. The pharmacy is about 2 500 sf. The lease expires in 2025. Get a new lease and stay for another 10 years or relocate if you wish. Over $200K was spent on tenant improvements. Inventory is not included in the price and will be appraised before the close of escrow. Save time and headaches by opening a new Retail Pharmacy and applying for all insurance contracts. PSAO – CKAPHA. Averages 80-90 scripts a day. Steady Revenue 750-800K annually. 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, LTCs and Assisted Living Facilities, etc. Excellent lease terms and options. Wholesalers are Cardinal and a few small wholesalers. Open 6 days a week. All licenses and insurance contracts are in good standing. Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. The seller is motivated. All of the above information per Seller please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.

Location

Huntington Park, CA (Los Angeles County). Densely populated area of South Gate, Vernon, Lynwood, and Huntington Park of Angeles County. Conveniently located between 5 and 110 Highways.

Employees

2

Lease Terms

The lease expires in 08/20/2025. Get a new lease and stay for another 10 years or relocate if you wish. Rent: $6,000.00. Excellent lease terms and options.

Real Estate

Lease

Relocatable

This business can be relocated

Trading Hours

Open 6 days a week.

Premises Details

The pharmacy is about 2 500 sf. Over $200K was spent on tenant improvements. All major PBMs, Medicare/Medical/DEA. Digital RX Software. Wholesalers are Cardinal and a few small wholesalers.

Years Established

22

Support & Training

Seller will train. PIC may stay if needed for a reasonable amount of time.

Expansion Potential

Opportunities for servicing patients requiring controlled meds. Great opportunity to reach out to local RCFEs, LTCs and Assisted Living Facilities, etc. Averages 80-90 scripts a day.

Size In Square Feet

2,500

Reason for Selling

Other business plans

Financials

Asking Price
$283K
RevenueMost Recent Year
$857K
Earnings (SDE)Last Reported
$118K
Assets ValueIncluded in Asking Price
$26K
Seller Financing
Subject to Negotiation

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