Great opportunity to invest well established [founded in 1972] Retail Pharmacy located in the area of Pasadena/Altadena in the Los Angeles County. All major insurances are accepted. Seller is retiring. Long term established contract with 15 Residential Care Facilities and ICFs [Developmental Disabilities]. More facilities are on the way. LTC Pharmacy, some Retail. MHA takes care of Contact Negotiating with Insurance Companies. Highly profitable Pain Management and Psychotropic Medication. Medicare D and B/Medical/DEA accredited. Inventory is around 80K is extra. Wholesaler is the Cardinal. Beautiful fixtures, shelves. Over 20K in tenant improvements. Great opportunity for compounding and networking with medical clinics in the area. Save time and headache opening new Pharmacy and applying for all insurances. Excellent lease terms and options. Open 5 days a week 12 to 6 pm. 2 Full time techs. Deliveries to local patients. Motivated seller. We are looking for licensed PharmD’s. Pharmacy software is Etreby. Medicare/Medical/Private breakdown is 70/20/10. No deficiencies with recent BOP and Medicare audits. Plenty of cash patients. 1,400 sf area. Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. Seller is motivated. All of the above information per Seller please rely on your own due diligence on market conditions and this industry before making any commitment and decision-making.

Posted Jan 20, 2016

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