“How much is my pharmacy worth?”
The pharmacy valuation process is an extremely valuable asset to the pharmacy owner. Pharmacy valuations for chains typically involve total script volume, anticipated retention and average price per script. The process for independent buyers is quite different. For an independent buyer, determining pharmacy value includes variables such as gross sales, adjusted discretionary income, and the value of your assets.
This may all seem overwhelming and leave you wondering where to start. Working with a licensed and experienced broker simplifies the process of selling your pharmacy and minimizes your risk. Whether you require a simple market analysis or a full appraisal, Pharmacy Consulting Broker Services will guide you in determining your true value before setting a price.
It is essential to know your pharmacy’s value before speaking with any potential buyers. Not everyone knows how to value a pharmacy or can show you ways to improve financial performance to increase the future value of your pharmacy.
We start the pharmacy valuation process with a free financial review and profit analysis to determine your discretionary income as part of determining value. If you’re ready to sell, we help you find buyers that bring the most value to the table, so you get the best price. If you’re not quite ready to sell, use our free consultation to help you increase your pharmacy’s value for a future sale.
Calculating the value of a pharmacy takes multiple factors into consideration. Our pharmacy valuation process helps determine your operation’s true value and helps match you with buyers that will offer the highest price. Contact us today for a free financial analysis and to discuss the pharmacy valuation process.
Identifying the strengths and weaknesses of your pharmacy allows the opportunity to solve problems before beginning the selling process. Our pharmacy valuation process helps you maximize your value.
Values obtained by dollars per prescription, percent of revenue, multiple of earnings, etc., may be too high or too low. Without determining your value, you will not know where to accurately price your pharmacy.
A true comprehensive pharmacy valuation will safeguard you and give you a documented defense against claims made by those attempting to devalue your pharmacy.