Jun 18, 2019 — CARX1R - $8.4 Million Independent Retail Pharmacy with Multiple Locations in Los Angeles County, California
Independent retail pharmacy for sale in Los Angeles County, California. This well-established pharmacy has a reputation for quality service in the community. They accept all 3rd party insurance carriers.
As a whole, the pharmacy’s payer mix is 90% insurance, 5% Medicaid, and 5% cash/other. Combined gross revenues have consistently been in the $8 million range with a 15% Gross Profit Margin. In 2018, they grossed nearly $8.4 million in revenue. They dispense a total of approximately 3,600 scripts per week.
Each location is fully staffed with a Pharmacist in Charge, Pharmacy Technicians, Clerks, and Drivers. They are all expected to stay on under new ownership. The asking price for this opportunity is $2.5 million, plus the cost of inventory.