LISTING: CA-2

WEST LOS ANGELES COUNTY - A well-established pharmacy, 40 years in this location, under the same ownership. Located 15 Miles from downtown Los Angeles, this store serves an affluent trading area of more than 100,000 people. There is limited competition in the immediate area, the closest Pharmacy, an independent, is 1 mile away. The store is conveniently located to all retail, restaurants, medical and office facilities. Sales for FY 2024 will be approximately $3.3MM, comparable to FY 2023. Prescription sales are 98% Rxs, the balance in front-store merchandise. Overall Gross Margin is 19.6%. Currently filling 32K Rxs annually, with strong generic pharmaceutical dispensing rates. Store hours are 8:30AM-6PM M-F, 9AM-4PM Saturday, closed nights, Sundays, and holidays. 63.5 hours week. The store occupies 1150 sq. ft. space. The current lease expires March 31, 2033. The monthly rent is $7,654.00, 3NNN. Landlord is open to discussing a new, longer lease for a new owner. Required payroll includes 1 PIC, 1 PT RPh, two part-time PharmTechs, 2 PT clerks. The staff is experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist to purchase a long-established, highly profitable store in a highly desirable and pleasant environment. The pharmacy generates substantial profits, and a new owner will reap the rewards of a well-run store that has a unique niche for service in this marketplace and a great location that has many prescribers in its local area as well as other healthcare resources. Motivated Seller needs to retire, has reduced price, will listen to all reasonable offers.

If interested in this listing, please contact Steve Wagner.