Eagle Rock Retail Pharmacy - 50-Year Independent

Full Editorial Writeup

This established retail pharmacy has operated continuously since 1974 in the Eagle Rock/Glendale area of Los Angeles, serving a diversified patient base from its 3,200 square foot location near Highway 134. The pharmacy fills 200-250 retail prescriptions daily and maintains contracts with major insurance providers including Medicare Parts B and D, Medicaid, CVS Caremark, Humana, Blue Shield/Cross, and LA Care, with LEADERNET serving as their PSAO.

The business operates five days per week with a lean team of four full-time employees and services four boarding care homes in addition to walk-in retail customers. Located near a busy Comprehensive Community Health Center with 10 physicians and PAs, the pharmacy benefits from proximity to medical practices that drive consistent prescription volume. The seller has invested over $80,000 in recent improvements to the facility and maintains clean regulatory standing with no Board violations.

With annual revenue exceeding $3.2 million and growing year-over-year, the pharmacy generates strong cash flow through a combination of prescription fills and over-the-counter sales. The business uses Digital RX software and maintains relationships with Cardinal as primary wholesaler plus secondary suppliers. A new 5+5 lease will be executed with a qualified buyer, and the current pharmacist-in-charge may remain during transition.