Services - Health, Medical & Dental | Retail - Miscellaneous Retail

Asking Price	$1,000,000	Inventory	$350,000**
Gross Income	$3,950,000	Real Estate	$1,300,000**
Cash Flow	$300,000	Year Established	1969
FF&E	$20,000*	Employees	10

* included in the asking price

** not included in the asking price

Profitable Pharmacy and real estate located in Eastern part of Riverside County. The Pharmacy is located on a busy Boulevard in the middle of business district. Price of the pharmacy is $1,000,00 and for 14000 sq ft (23000sq ft lot) real estate it is $1.3 million. Year 2008 revenue was $3.95 million and adjusted net profit of $300,000. Pharmacy opens Monday-Friday 9 am to 7 pm and on Saturday 9 am to 1 pm. Average # of RX/day is 250. Revenue breakdown is: 22% Medi-Cal, 4% Medicare, 60% private insurances, 6% cash customers and 8% general merchandise. Drugstore sells gift items, medical equipment & supplies, and beer & wine. Also has money transfer and bill pay service. Pharmacy has been in operation for over 40 years; the current owner has it for 4 years. Pharmacy has a very stable clientele base. Rent for the 8000 sq ft occupied by the Drugstore is $8,000/month. Additional 6000sq ft space is occupied by a medical clinic at $6,600/month rent. Only Buyers with California pharmacist license and sufficient funds to purchase the Pharmacy, Please!!! For more information, please contact Rashid Khalid at 818 342-5222 ext 324 or Arnold Lee at 818-342-5222 ext 310.

Support/Training: 4 weeks at 40 hours per week following close of escrow

Reason Selling: Relocation