Pharmacy Brokerage

How to Value a Pharmacy

What is my Pharmacy worth? If I were to sell my Pharmacy, how much would I get? How do I determine the Pharmacy’s selling price? All similar questions with the same answer: you need a Pharmacy Valuation to determine the fair market value for your Pharmacy.  The fair market value is like the appraisal of a house or non-Pharmacy business.  An Independent Pharmacy Valuation gives you a very good idea of the Pharmacy’s value. The actual selling price is dependent…

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How to Sell a Pharmacy

So, you’ve decided it’s time to sell your pharmacy. Take a few deep breaths and remember selling your pharmacy can be a stressful process and you need to be as prepared as possible going in. Missing one of the critical steps or small details could cost you and the buyer money and time. Today we are going to go over the ten basic steps in the selling process to give you an idea of what to expect. By no means…

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What Not To Do When Valuing a Pharmacy

Finding the value of a pharmacy is not like appraising any other business.  Pharmacy businesses are unique as are the processes and formulas by which they are appraised.  Only experienced pharmacy valuation professionals should be determining what your life’s work is worth, but how do you know who to trust.  Making matters even more confusing is that most of the information out there discusses “how to value a pharmacy” but very few, if any, advise you on “what not to…

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Pharmacy Appraisal Normalization: Finding the Real Value of a Pharmacy

The goal of any pharmacy owner come tax time is to get their net income as low as possible to save on payments to Uncle Sam. Things listed as tax write offs are normal and every business does this including pharmacies so there is no shame in this game. It is a great idea, except when it comes time to find the real value of the pharmacy for sale.  Having these items in the mix lowers the income for the…

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I Want to Open a New Pharmacy But How Can I Know if it Will Be Successful?

Opening your first pharmacy can be an exciting, scary, and beyond stressful endeavor. Naturally, fear of failure, which means potentially losing hundreds of thousands of dollars, would give anyone pause. No big deal, right? It’s only money. [Insert sarcastic laugh here.] Seriously though, where do you begin when you are just starting to plan for your dream of owning a pharmacy? Location, of course. Let’s say you have already found the “perfect location.” You are convinced it will be very…

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Latrobe, PA 15650

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