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CA-1

letter-of-intentCentral California - A well-established (2 years in this location, 12 years under current ownership) full line pharmacy located in a pleasant, middle class city in central California. Located just 15 miles south of Modesto, 80 miles north of Fresno, this store serves a trading area of more than 70,000 people. Only one other independent in this large market, on the opposite end of the city (more than three miles away), the balance of the competition is all large chains who do not provide the services required by local consumers. FYE 12/31/16 showed reported sales of $3.59MM, stable trends over the past three years. 95%+ Rx sales, full store margins of 32%. The store is currently filling 59,000++ Rxs annually, 80% generics, 15% cash, the balance a broad mix of traditional Managed Care plans/payers. Compounding, Assisted Living, Hospice and Group Home Rxs, some with special packaging, make up approximately 1/3rd of the Rx volume by Rx count. The store is open from 9-6 Monday - Friday, 9-12 Saturday, closed Sundays and holidays. 48 hours weekly. It occupies a 2,534 sq. ft. space which includes 100 sq. ft. of storage. The lease expires 7/31/20, has two five-year options to renew. Current base rent is $2,500.00 per month plus $1,000 monthly in CAM and taxes. The required payroll includes 1 FT Pharmacist, 1 PT Pharmacist, 3 FT techs (one is a compounding tech), 1 FT clerk, marketing manager, bookkeeper. All existing personnel are experienced and knowledgeable about the customers and the local market. There is some financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for an experienced pharmacist, possibly a multi-store owner, to purchase a well-established store in a beautiful and historic Central California city. Close to major recreation areas as well as the ocean, a great place to live and work. This store has ample opportunity to grow, explore new niches and specialty opportunities under new, hands-on, motivated management. The store is well located, has an excellent reputation for customer service and has limited independent competition.

If interested in this listing, please email Steve Wagner.

CA-2

Ventura County - A long-established (86 years in this location, 28 under current ownership) full line pharmacy located in a mid-sized city in Ventura County. Located 65 miles north of Los Angeles, 25 miles south of Santa Barbara, this store serves an upper middle-class trading area of more than 100,000 people, has a long-standing reputation for excellent customer service and continues to thrive despite local chain and independent competition. FYE 6/30/17 showed reported sales of $2.8MM, stable trends over the past three years. 95+% Rx sales, full store margins of 25%. The store is currently filling 35,000++ Rxs annually, 15% cash, the balance traditional Managed Care plans. 82% generics, 18% brands. It is open from 8:30-6 Monday-Friday, closed weekends, holidays and nights. 48 hours weekly. It occupies a 1,400 sq. ft. space which includes 200 sq. ft. of storage. There is a new lease available for a new owner with a proposed base rent of $5,000.00 monthly. Possible real estate investment for an interested and qualified buyer. Required payroll includes 1 FT Pharmacist, 1 PT Pharmacist, 2 FT techs, 1 FT clerk. All existing personnel are experienced and knowledgeable about the customers and the local market. There is some financing available for a creditworthy and qualified buyer with a reasonable equity contribution. This is an opportunity for a young pharmacist, a first-time buyer, to purchase a long-established store in a pleasant, upscale suburban environment. This store has ample opportunity to grow, explore new niches and specialty opportunities, under new and motivated management. This is a great town and the store is well located, has an excellent reputation for customer service and competes well with the large chains that dominate this market.

If interested in this listing, please email Steve Wagner.

CA-3

Los Angeles - A well-established compounding pharmacy located in a prime West LA neighborhood. Easy access from I-10 and I-405 Freeways. This compounding only pharmacy provides compounded prescriptions for patients in 33 states on a CASH ONLY basis, no third-party payments. FYE 12/31/17 shows $2MM in reported sales. Current run rate is $135,000.00 per month, annualizing at $1.6MM for the year ending 12/31/18. Gross profit is 75%. The store is currently filling 17,000++ Rxs annually, 95% of which are for CA patients, the balance scattered throughout the other 32 states in which the store is licensed. It is open from 9:00AM – 6:00PM Monday through Friday, no nights or weekend hours. 45 hours weekly. It occupies a 2,625 sq. ft. space which includes 500 sq. ft. of storage. The current lease expires in 2021, has a base rent of $9,382 per month. Landlord is open to providing a new lease for a new owner. The store utilizes PK Software, is USP 800 compliant, has a fully equipped, state-of-the-art compounding lab. The required payroll, in addition to an owner who is a compounding pharmacist, is 1 FT Pharmcist, 3 FT techs, 3 FT clerks and a shipping clerk. All existing personnel are experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced compounding pharmacist to purchase a well-established compounding pharmacy located in a prime LA neighborhood. This pharmacy can provide significant earning potential for a new owner while paying down any debt incurred in the transaction. The fact that the store serves only cash paying patients, coupled with the fact that it is USP 800 compliant and licensed in 33 states, adds much value to this opportunity.

If interested in this listing, please email Steve Wagner.

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All financial information about pharmacies listed and buyer's qualifications are representations of the principals, and are not guaranteed in any way by Buy-Sell A Pharmacy.com. Buyers and Sellers are urged to perform all necessary due diligence through whatever means they are most comfortable with prior to entering into a transaction to buy or sell any pharmacy listed on this web site.