Newly Established Retail Pharmacy in San Fernando Valley, LA County

Retail Pharmacy is located in a busy shopping center in the Encino/Tarzana area of Los Angeles County. Established in 2023, conveniently located near 101 highway in a busy traffic area. At present, there is one PharmD/PIC keeps it open. Most of major insurances are accepted [some pending, will be active by the Board’s license transfer/Close of Escrow]. Medicare, Cigna, Humana, CVS/Caremark, and many others are available. Opportunities for servicing patients requiring controlled meds. Digital RX software. The pharmacy is about 850 sf. Good assignable lease plus 2 x 3-year options. Over $30K was spent on tenant improvements, cabinets, and shelving. Save time and headache opening a new Retail Pharmacy and applying for all insurances. PIC may stay if needed for a reasonable amount of time. A few scripts a day. NO marketing has yet been done. Many medical offices are around. Great opportunity to reach out to local RCFEs, LTCs Assisted Living Facilities, etc. Excellent lease terms and options. A wholesaler is McKesson. All licenses and insurance contracts will be in good standing by transfer time.
Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. Cash deal, no financing. The seller is motivated. All of the above information per Seller please rely on your due diligence on market conditions and this industry before making any commitment and decision making.