LISTING: CA-1

LOS ANGELES COUNTY PHARMACY FOR SALE

A well-established (20 years in this location) pharmacy located in the Walnut Park section of Huntington Park. Located 7 Miles from downtown Los Angeles, this store serves a middle-class trading area of more than 50,000 people. There are the usual mix of competitors in the area.  Sales for FY 2023 were $1MM, on track for $1MM for FY 2024. Average Gross Margins of 35%. Currently filling 25K Rxs annually, primarily dispensing Generics. Store hours are 9-5 M-F, closed nights, weekends, and holidays. 40 hours weekly.

The store occupies 2750 sq. ft. space which includes 250 sq. ft. of storage. Current lease renews July 2025, monthly rent including 3NNN is approximately 6,416.67. Landlord is open to discussing a new, longer lease for a new owner. Required payroll includes 1 FT Pharmacist (The current owner) 1 full time clerk. The staff is experienced and knowledgeable about the customers and the local market. This is an opportunity for a pharmacist to purchase a long-established, profitable store in a desirable and pleasant environment. The pharmacy generates strong profits, and a new owner, with some reasonable marketing efforts and expansion of in-store offerings and programs, will reap the rewards of their efforts.

If interested in this listing, please contact Steve Wagner.