Posts in Western
LISTING: CA-1

METRO SAN DIEGO - A well-established pharmacy, under the same ownership since 2017, in Metro San Diego. Located nine miles from downtown, this store serves a middle-class trading area of more than 30,000 people. There is limited competition in the immediate area, only a CVS and a Kaiser Permanente location. The store is conveniently located to all retail, restaurants, medical and office facilities. Projected Sales for FY 2025 are trending to $4.026MM. Store sales are 98% Rxs, the balance in front-store merchandise. Overall Gross Margin is 17.8%. Currently filling 47K Rxs annually, with strong generic pharmaceutical dispensing rates. The store services many board & care facilities, which accounts for 70% of the business. Store hours are 9AM-5:30PM M-F, closed nights, weekends, and holidays. 42.5 hours weekly. The store occupies 1500 sq. ft. space. The current lease runs until 12/31/2027. The monthly rent is $2,600, not including CAM. Landlord is open to discussing a new, longer lease for a new owner. Required payroll includes 1 PIC, 1 PT RPh, 2 PT clerks, 1 FT Driver. The staff are experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist to purchase a long-established, highly profitable store in a highly desirable and pleasant environment. The pharmacy generates substantial profits, and a new owner will reap the rewards of a well-run store that has a unique niche for service in this marketplace and a great location that has many prescribers in its local area as well as other healthcare resources. 

If interested in this listing, please contact Steve Wagner.

WesternGuest User
LISTING: CA-2

WEST LOS ANGELES COUNTY - A well-established pharmacy, 40 years in this location, under the same ownership. Located 15 Miles from downtown Los Angeles, this store serves an affluent trading area of more than 100,000 people. There is limited competition in the immediate area, the closest Pharmacy, an independent, is 1 mile away. The store is conveniently located to all retail, restaurants, medical and office facilities. Sales for FY 2024 will be approximately $3.3MM, comparable to FY 2023. Prescription sales are 98% Rxs, the balance in front-store merchandise. Overall Gross Margin is 19.6%. Currently filling 32K Rxs annually, with strong generic pharmaceutical dispensing rates. Store hours are 8:30AM-6PM M-F, 9AM-4PM Saturday, closed nights, Sundays, and holidays. 63.5 hours week. The store occupies 1150 sq. ft. space. The current lease expires March 31, 2033. The monthly rent is $7,654.00, 3NNN. Landlord is open to discussing a new, longer lease for a new owner. Required payroll includes 1 PIC, 1 PT RPh, two part-time PharmTechs, 2 PT clerks. The staff is experienced and knowledgeable about the customers and the local market. This is an opportunity for an experienced pharmacist to purchase a long-established, highly profitable store in a highly desirable and pleasant environment. The pharmacy generates substantial profits, and a new owner will reap the rewards of a well-run store that has a unique niche for service in this marketplace and a great location that has many prescribers in its local area as well as other healthcare resources. Motivated Seller needs to retire, has reduced price, will listen to all reasonable offers.

If interested in this listing, please contact Steve Wagner.