LISTING: CA-2

MARINA DEL REY - A unique and growing pharmacy, opened in the 1960s, considered a landmark in an iconic beach town, offering the full range of Pharmacy and Pharmacy related services. Located sixteen miles from downtown Los Angeles, this store serves an upper middle-class trading area of more than 100,000 people. There is limited competition in the immediate area, the closest pharmacies are a CVS and a Ralph’s, neither offering the level of service of this Pharmacy The store is located next to UCLA Marina Del Rey Immediate Health, close to Cedar Sinai Marina Del Rey Hospital, medical providers, and is convenient to all retail, restaurants, residential and offices. Sales for FY 2025 were $1.2MM.  Prescription sales are 98% Rxs, the balance in front-store merchandise, with strong rates of generic dispensing. Overall Gross Margin is 49.1%. Currently filling 26K Rxs annually, with strong generic pharmaceutical dispensing rates. Twenty-five percent cash, the balance in private pay and Medi-Cal. Store hours are 9AM-6PM M-F, 10AM-1PM Saturday. Closed nights, weekends, and holidays. 48 hours weekly.The store occupies 1133 sq. ft. space. The current lease runs until 05/31/2026. The monthly rent is $5,602.08. Landlord is open to discussing a new, longer lease for a new owner. Required payroll includes 1 PIC, 1 PT RPh, 2 PT clerks. 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.