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.
$850,000 (plus drug inventory)
$2,500,000 (projected 2021)
$200,000 (projected SDE 2021)
$275,000 (included in asking price… Parata, bubble pack machine, med carts, laptops for all facilities, an automobile and all pharmacy furniture, fixtures & equipment)
4 FT / 8 PT
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
Available for lease – 2,500 square foot space paying $3,000 a month
Big Potential for a new buyer who knows how to market and get new Assisted Living Facilities on board.
Other Long Term Care Pharmacies in Southern California
Pharmacy has already been pre-approved for an SBA loan.
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.
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.
Mark Dobbins – Pharmacy Mergers & Acquisitions in partnership with Advanced Business Brokers
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