Asking Price
$795,000
Gross Revenue
$3,424,000
Cash Flow
$350,000
Overview
Business
Description
Retail Pharmacy for sale in San Diego. This pharmacy fills about 400 preions per week and did $3,400,000 in sales in 2024 with Owner Discretionary Income of $350,000. Owner runs this store on a semi absentee basis and just oversees the operation but does not work pharmacist shifts at the store.
This store has serviced the community for 7 years and does walk up retail and delivery. The pharmacy also specializes in eye medications and is well known for this in the area.
Rent is $5,600 a month for the beautifully built out 1,300 sq. ft. store. The store is incredibly nice inside and was built with a compounding room that is just being used as an office now. Location is in more of an office setting than a retail setting but the store does get walk ins from
retail customers.
All insurance contracts are in place and the license is clean with the Board of Pharmacy and
DEA.
Growth Prospects
Opportunity to grow the retail, delivery and eye business and also add on LTC
Sale
Reason for Selling
The seller would like to focus on other business ventures.
Training/Support
Seller will provide training to help the buyer take over providing a smooth transition while learning the business and its operating activities, gaining and understanding of the customers and vendor partners, and building a working relationship with the employees.
Premises
Facilities
1,300 square foot space paying $5,600 a month which includes NNN.
There is a year left on the lease and one 5 year option. The landlord is very
accommodating and obtaining an extended lease (new 5 year plus 5 year option is very possible) The owner spent over $300,000 in the build out of the pharmacy and it shows! There is a non-sterile compounding room that has not been utilized.
Location
San Diego, CA
Contact The Seller
Listed by:
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