Great opportunity to invest in well established [founded in 2004] Retail/Compounding Pharmacy located in the area of West Hollywood/Hollywood in the Los Angeles County. All major insurances are accepted. Located next to medical buildings, other medical practices in the neighborhood. Specializes in Diabetics, Hepatitis C, HIV, Oncology, AIDS, and Rheumatoid Arthritis medications. Medicare D /Medical/DEA accredited. Inventory is around 70K is extra. Beautiful fixtures, shelves, high end office furniture. Over 120K in tenant improvements. Great opportunity for compounding and networking with medical clinics in the area. Excellent lease terms and options. Seller is a landlord – good lease will be considered for a good buyer! Open 5 days a week 9:30 to 6 pm. 3 Full time tech. Deliveries to local patients. Motivated seller. We are looking for licensed PharmD’s. Medicare/Medical/Private breakdown is 40/30/30. 3,200 sf area. $8,500 lease. Slight Compounding. Wholesalers are Cardinal/McKesson. Management agreement is possible for qualified buyers. Steady gross sales is 16M, SDE is around 600K. Please note that the SDE (Seller’s Discretionary Earnings) consist of Net Profit, Pharmacist’s Salary and addbacks. 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 Feb 20, 2016

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