Profitable Pharmacy in Laguna Hills Medical Building!
Asking Price: | $245,000 |
Gross Revenue: | $1,002,365 |
Rent: | $7,800 |
FF&E: | $25,000 |
Cash Flow: | $89,658 |
Inventory: | $85,600 |
EBITDA: | $89,659 |
Established Year: | 2011 |
Welcome to beautiful Laguna Hills, Orange County! Opportunity knocks! Retail Pharmacy [opened in 2012] located in the area of Laguna Hills/Mission Viejo of Orange County. Located in large medical building near Saddleback Memorial Medical Center. There are over 30 prescribing MDs [Cardiology, Urgent Care, Fertility, Pain Management and others] in the building and many medical offices in the area. ~ 1,400 space, Current Lease expires in 2024, buyer to negotiate a new lease. Most of major insurances are accepted. Align Rx PSAO. Medicare/DEA/Medical, CVS Caremark, Express RX, Optum and many others, all are in good standing, according to the seller. Open 5 days a week. Located in well-established residential/commercial area with many medical practices around it. Plenty of parking around. Wholesaler is Cardinal and Independent Pharmacy Cooperative. RX Software is Liberty Software. Averages 60-65 scripts a day. Diversified patient base. Consistent Revenue ~ 1M and ~ 85K cash flow, including PIC’s salary. No marketing and advertising have been done. NO LTCs, Home Care Agencies or Hospices, No Compounding. Here are opportunities for a good marketer. PIC will stay during the transition. After temp. license is issued, please bring your own PIC. Over 200K was spent building this pharmacy. We are looking for licensed PharmD’s. Clean books. Inventory is ~120-150K extra. Located near Laguna Wood Village – large retirement community.
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 per Seller please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.
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