Orange County, CA Pharmacy

SOLD – Pharmacy in Orange County, CA for sale. Located in a medical building, this store has been in business for 7 years. This pharmacy does a combination of retail and specialty focusing on providing prescriptions for patients in rehab facilities. 25% of the business is regular retail and 75% is this specialty profitable and steady niche.. Owner Discretionary Income is $150,000. The owner works as a full time pharmacist and also employs 2 part time pharmacists. The owner is willing to stay on as a consultant and/or pharmacist which will insure a smooth transition to the buyer.

The pharmacy did $2,200,000 in sales in 2022 and script count is currently at 1,600 a week (400 in regular retail scripts and 1,200 a week of the specialty rehab facility business). The pharmacy services about 18 facilities. Because of the kind of prescriptions rehab patients need, this pharmacy does a very healthy 36% gross profit margin. The owner admits that they could be making more profit and run labor higher than it really should be. 20% of the business is Med-i-cal.

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-23015313-40

Location:

Orange County, CA

Type of Business:

Pharmacy

Asking Price:

$475,000 (Plus Drug Inventory)

Gross Revenue:

$2,200,000

Cash Flow:

$150,000

Inventory:

$100,000

FF&E:

All Furniture, Fixtures and Equipment is included in the sale.

Established:

2017

Employees:

2 PT Pharmacists, 2 FT Techs, 4 Clerks, 2 FT Drivers

Facilities:

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

Real Estate / Lease Terms:

1,400 square foot space paying $4,500 a month which includes NNN.

Growth Opportunity:

Potential for a new buyer to increase retail and add regular Long Term Care business

Competition:

A couple of independent and chain stores in the area. Most of the rehab facilities have been with the pharmacy for years so they have a very loyal client base.

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

Email: Mark@rxbrokerage.com

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.