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 2024 are on track for $1MM, and an increase is projected for FY 2025 with new offerings that were implemented this year. 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 2500 sq. ft. space which includes a new 250 sq. ft. consultation room. Current lease renews July 2025, monthly rent is $6,000.00. 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 store was entirely remodeled this year with a new consultation room and many upgrades completed. The pharmacy also implemented a new vaccination program for children 3-18 years. The pharmacy generates strong profits, and a new owner, with some reasonable marketing efforts and continued expansion of in-store offerings and programs, will reap the rewards of their efforts. The Seller is highly motivated and will listen to all reasonable offers for a purchase of the Pharmacy.

If interested in this listing, please contact Steve Wagner.