Well-established [1999] Retail Pharmacy in the Redondo Beach Fire Sale

Well-established [1999] retail pharmacy is located in the Redondo Beach/Palos Verdes Estates area, near Highway 1.

~ 1,200 sq. ft. of space, a new 5+5 lease will be signed with a qualified buyer. Most of the major insurances are accepted. PSAO is LEADERNET. Clean retail license, MediCal, CVS Caremark, Humana, Express RX, Optum, Blue Shield/Cross, and many others, all are in good standing, according to the seller. Open 5 days a week. 1 PIC, 1 tech, and 1 driver. Annual Revenue is over 2.53 M and increases every year.

The Pharmacy is located in a well-established residential/commercial area of Redondo Beach/PVE, with a few medical and veterinarian clinics in the area. A strong marketer will be a huge plus, there are multiple medical offices in the area. A wholesaler is McKesson and a few secondaries. RX Software is an RX30. Averages 100-130 retail scripts a day.

Diversified patient base. After temp. license is issued, please bring your PIC. We are looking for licensed PharmD’s. Clean books. Inventory is ~250K, a 3rd party will appraise the entire inventory at the close of escrow. Lots of OTC stuff brings extra cash flow. It’s a beautifully looking pharmacy, the seller spent over 50K for improvements.

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.