SOLD – Pharmacy in the south eastern part of Los Angeles County for sale. Located inside a community health clinic, this store has been in business for 29 years. This pharmacy does retail prescriptions only and serves the local community The owner is a non-pharmacist and the business employs 3 rotating staff pharmacists, 2 Part Time Techs and 1 Part Time Clerk/Driver as 25% of the business is delivery. Incredibly low rent at only $1,700 a month.
The business profits about $75,000 a year even after paying staff pharmacists to run it, so a pharmacist/owner who took over and worked at the store would make close to $200,000 a year. The pharmacy did $900,000 in sales in 2022 and is growing and on pace to do $1,200,000 in 2023. The pharmacy fills about 350 scripts a week. Lots of high margin medications and cash patients so this pharmacy is more profitable than others with similar volume.
The new Med-i-cal reimbursements have increased profitability at this store as 75% of the business is Med-i-cal. This is a great opportunity for a pharmacist who wants to own their own store without taking all the risk of starting one up from scratch. About 60% of the pharmacy’s business comes from the clinic so there is a lot of potential to market to the surrounding community.
This is a nice opportunity for a pharmacist/owner to walk into a $200,000+ job, or for an absentee owner to make some nice passive income since the PIC is already in place and the
business is profitable.
All insurance contracts are in place and the license is clean with the Board of Pharmacy and DEA. The pharmacy does not full CII’s and CIII-CV are less than 10% of the business.
ABM-2311533740
SE Los Angeles County
Pharmacy
$395,000 (Plus drug inventory)
$1,200,000
$100,000
$75,000
Included
1994
3 Rotating pharmacists, 2 PT Techs, 1 PT Clerk/Driver
Small pharmacy located inside a community health clinic.
350 square foot space paying $1,700 a month which includes NNN.
Lease terms are 2 years left with a 3 year option (this can be renegotiated with the
landlord)
Potential for a new buyer to come in market the pharmacy more aggressively to the local community as most the business comes from the clinic.
A few independents and chain stores in the area.
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. PIC is also likely to stay if the new owner would want
that.
Other business ventures.
Mark Dobbins – Hayslip & Zost Pharmacy Brokers in partnership with Advanced Business Brokers
* required fields
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.
