LOS ANGELES -
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 Phcst, 3 FT techs, 3 FT clerks and a shipping clerk. All existing personnel are experienced and knowledgeable about the customers and the local market. Asking price significantly reduced. Owner has other business interests, is highly motivated to sell soon. 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 contact Steve Wagner.