Los Angeles Pharmacy

SOLD – Pharmacy on the west side of Los Angeles for sale.  Located in a medical building, this store has been in business for 36 years. This pharmacy does retail prescriptions and has loyal customer base. The owner is a pharmacist and employs one full time clerk who is willing to stay on after the sale. The owner is also willing to stay on as a consultant and/or pharmacist (not as the PIC but would work a couple of days a week) which will insure a smooth transition to the buyer.

 

The owner is ready to retire. The pharmacy is not doing much business filling only 30 prescriptions per week, so the business is a great opportunity for a new pharmacist/owner to take over instead of starting a store from scratch with can take a lot of time and money. Because the pharmacy is located in an affluent area, they do not have Med-i-cal but have all other major insurance contracts. Owner is willing to carry a note on a portion of the sale price.

 

This is a great opportunity for a pharmacist who wants to own their own business. All insurance
contracts are in place and the license is clean with the Board of Pharmacy and DEA

Listing ID:

ABM-23015314-40

Location:

West Los Angeles, CA

Type of Business:

Pharmacy

Asking Price:

$225,000 (Plus Drug Inventory)

Gross Revenue:

$125,000

Cash Flow:

$

Inventory:

$15,000

FF&E:

Established:

1986

Employees:

1 FT Clerk

Facilities:

Very nice pharmacy in a medical building. 20 doctors in the building.

Real Estate / Lease Terms:

600 square foot space paying $4,600 a month which includes NNN. Lease is month to month but the new buyer can obtain a long term lease if they desire.

Growth Opportunity:

Potential for a new buyer to come in breathe new life into the pharmacy. No marketing has been done in years.

Competition:

A few independents and chain stores in the area.

Support & Training:

Seller will provide training to help the buyer 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.

Reason for Selling:

Retiring

Broker Contact:

Mark Dobbins – Hayslip & Zost Pharmacy Brokers 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.

Dr. Mark Hagar

A lifelong resident of Fort Wayne, Indiana, Dr. Mark Hagar brings decades of hands-on experience in small business ownership, acquisitions, and turnarounds to his role as a business broker. Over his distinguished career, he has acquired and operated more than 20 companies and engineered over 50 successful turnarounds, giving him a uniquely practical understanding of what makes businesses succeed, and sell. His portfolio spans manufacturing, distribution, and service firms in industries including printing, education, military contracting, aerospace, and orthopedics. This diverse background enables him to identify value, anticipate buyer needs, and structure complex deals with confidence and precision.


Mark holds a Doctorate in Business Administration (DBA) from Cranfield University’s School of Management in Bedford, England—one of Europe’s leading business schools. His research on small business resilience and operational excellence has been recognized by the Small Business Institute (SBI), the United States Association for Small Business and Entrepreneurship (USASBE), and the International Council for Small Business (ICSB).


In addition to his business career, Dr. Hagar has served as a member of faculty at several institutions of higher education, including Holy Cross College (Notre Dame), Trine University, and the University of Saint Francis. He also hosted Your Business Matters, a small business–focused radio show and podcast for more than a decade and is the author of Small Fortunes – the Acquisition Entrepreneur’s Guide to Buying a Profitable Small Business.


A passionate advocate for entrepreneurs, Mark previously chaired the Indiana Leadership Council for the National Federation of Independent Business (NFIB), representing small business owners before state and federal legislators. He currently serves as President of the Allen County, Indiana Economic Development
Commission.


As a broker, Mark specializes in industrial, manufacturing, and distribution firms, with particular expertise in special situations, distressed assets, and complex transitions where experience, creativity and discretion are central to success.