Long Term Care Pharmacy in Southern CA

SOLD – Located centrally in Southern California with clients in LA, Orange County, and Inland Empire, this LTC pharmacy has been servicing Assisted Living Facilities for over 15 years. Owner is willing to stay on as a consultant and marketing person which will insure a smooth transition to the buyer.  Pharmacy has already been pre-approved for an SBA loan.

This well run pharmacy does $2,500,000 a year in sales, servicing approximately 550 beds.  There is a lot of upside to aggressively market to new accounts and by cutting labor costs.  Gross Profit Margin is an amazing 40% as Long Term Care pharmacies get better medication buying costs with the wholesalers.  Store is currently profiting $200,000 a year and could be doing much more than that for the new owner.

Listing ID:

MD-21055272-20

Location:

California

Type of Business:

Pharmacy

Asking Price:

$850,000 (plus drug inventory)

Gross Revenue:

$2,500,000 (projected 2021)

Cash Flow:

$200,000 (projected SDE 2021)

Inventory:

$150,000 (estimated)

FF&E:

$275,000 (included in asking price… Parata, bubble pack machine, med carts, laptops for all facilities, an automobile and all pharmacy furniture, fixtures & equipment

Established:

2005

Employees:

4 FT / 8 PT 

Facilities:

Nicely Built out Long Term Care Pharmacy in an industrial shopping center.  The business can be relocated since the facilities they serve are spread out throughout Los Angeles, Orange County and Inland Empire 

Real Estate / Lease Terms:

Available for lease – 2,500 square foot space paying $3,000 a month

Growth Opportunity:

Big Potential for a new buyer who knows how to market and get new Assisted Living Facilities on board.

Competition:

Other Long Term Care Pharmacies in Southern California

Financing:

Pharmacy has already been pre-approved for an SBA loan.

Support & Training:

Seller will provide training to help the purchaser take over providing a smooth transition while learning the business and its operating activities, gaining and understanding of the customers and vendor partners, and building a working relationship with the employees. Seller is also willing to stay on as a marketing person on commission to grow the business.

Reason for Selling:

Seller wants to spend more time with family and is looking for qualified buyer that will take pride in maintaining the integrity and reputation that has been established.  

Broker Contact:

Mark Dobbins – Pharmacy Mergers & Acquisitions in partnership with Advanced Business Brokers

Direct: 619-370-9346 

Fax: 877-334-0642

For more information, fill out the form below:

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. ​Above information is subject to change and/or correction and should not be considered binding.