Well established Retail Pharmacy located in Valley Village

Well established Retail Pharmacy [opened in 1969] located in the area of Sherman Oaks/Valley Village/North Hollywood of Los Angeles County. Located inside a Medical Building with multiple medical practices. ~ 1,500 sq.ft. space, Current Lease expired, renew the lease or relocate. Most of major insurances are accepted. Align 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. RX Software is Etreby Cerner. Averages 60-70 scripts a day. Diversified patient base. Consistent Revenue ~ 1M – 1.2M and ~ 185K cash flow, including PIC’s salary. Not much marketing and advertising have been done. PIC will stay during the transition. After temp. license is issued, please bring your own PIC. We are looking for licensed PharmD’s. Clean books. Inventory is ~80-100K extra. Lots of OTC stuff bring extra cashflow.

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.