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Selling a Pharmacy Business

The process of selling an independent pharmacy may seem like a challenging and overwhelming task, but when done right it the process can be seamless and pain free. In today’s pharmacy landscape, owning and operating an independent pharmacy can be a challenge. Even with a favorable location and an existing loyal customer base, it can still be difficult to make ends meet.

Whether you are researching the different options for selling your pharmacy business, or are looking to calculate the value of your pharmacy, Pharmacy Consulting Broker Services can assist you every step of the way.

Contact us for more information on selling a pharmacy business and the best ways to calculate the overall business worth of your pharmacy, or call us toll free at 888-808-4774. We would be happy to assist with any questions that you may have.

Selling an Independent Pharmacy… Put the Power of an Experienced Pharmacy Broker on your Side

Selling an Independent Pharmacy... Put the Power of an Experienced Pharmacy Broker on your Side

At Pharmacy Consulting Brokerage Services, we offer full valuation, listing and negotiation services when selling your pharmacy business for its highest value. As a fully licensed pharmacy brokerage, we have extensive experience selling all types of pharmacies (retail, long-term care, compounding and specialty) nationwide. We provide services for any size pharmacy. From small stores to large stores to multiple locations, no deal is too big or too small.

Selling a Pharmacy: A How to Guide

If you are looking at selling an independent pharmacy, there is a step-by-step approach that we've developed that establishes the selling process, which also simplifies the entire selling experience from initial consultation, to the closing date and beyond. Our simplified, straightforward approach allows us to take control of the selling process, which allows the seller to concentrate on their future. At Pharmacy Consulting Brokerage Services, we provide a detailed step-by-step approach to selling a pharmacy business.

Getting Started with Selling your Pharmacy

1

A free, confidential, no obligation phone call helps us get to know you and your situation. If you are interested in our representation, we ask you to sign a listing agreement. This does not obligate you to sell. The agreement protects both parties if we move forward and can be canceled at any time.

Calculating the Value of your Pharmacy

2

We offer different services for finding out what your pharmacy is worth, depending on your needs. Services include a market analysis, professional letter of opinion or a formal valuation and/or appraisal to determine the value of your pharmacy. Knowing your value is a critical step to sell a pharmacy at the highest price.

Preparing for the Sale of your Pharmacy

3

If the sale price range is acceptable, we will proceed to the marketing phase. We will compile all your information to professionally and confidentially present to potential buyers.

Finding a Buyer for your Pharmacy

4

At Pharmacy Consulting Broker Services, we know that the key to getting the highest price for your pharmacy is to maximize the number of potential buyers while representing your interests. With proprietary marketing techniques, we are able to discreetly seek out, match and qualify buyers for your pharmacy.

Negotiating the Sale of your Pharmacy

5

Let the experience of Pharmacy Consulting Broker Services work for you. We are experts at negotiating with both independent buyers and national chain buyers to get you the highest value. We have a national presence, corporate affiliations and experience that give us clout at the negotiating table and help us sell a pharmacy at the highest price possible.

Closing the Sale of your Pharmacy

6

We will be there on your big day. Our representation continues through inventory counting, document signing and the final exchange of funds.

What is the Ideal Time for Selling an Independent Pharmacy?

There are several reasons why an independent pharmacy owner may want to sell their business. Each of these motivations provides a valid purpose for wanting to move on to other areas of life. Some examples of an independent pharmacy owner wanting to sell their business, may include the following:

  • Reduction in overall revenue
  • Shrinking profit margins
  • Competitive pressures
  • Changing business models
  • Feeling burnt out and overwhelmed
  • Retirement

Although it is usually better to sell your pharmacy when it is doing well, we understand that annual sales and profits for owners looking to sell their pharmacy may be leveling off, or even on the decline. Regardless of the current fiscal state of your pharmacy business, we can procure the best possible sales value for your pharmacy.

Contact Pharmacy Consulting Brokerage Services Today

Contact us for more information on the most effective ways for selling a pharmacy business. If you decide to sell your independent pharmacy, from initial consultation through the closing of the sale transaction, we will be with you every step of the way.