PRS Blog | Pharmacy Brokerage

6 Reasons PRS Pharmacy Services is the Best Resource for Selling a Pharmacy.

February 16, 2023

If you’re considering selling your pharmacy, PRS Pharmacy Services is the best resource for providing expert guidance and support throughout the entire process. Here are several reasons why PRS Pharmacy Services is the best resource for selling your pharmacy: 1.Experience and Expertise PRS Pharmacy Services has been providing pharmacy consulting services for over 40 years, making them one of the most experienced firms in the industry. Their team of experts has a deep understanding of the pharmacy industry, including the…

Ten Steps to Selling a Pharmacy

August 26, 2021

Here are the ten basic steps in the selling process and the estimated completion time and documents needed for each step. Step 1: Pharmacy Valuation Process Accurately determine the value of the pharmacy. A valuation is just another word for appraisal. Documents: Two to three years of accurate financial statements, which are then recast, or normalized, to remove the expenses a new owner will not have. Two to three years of tax returns Recent inventory Estimated value of equipment, fixtures…

How to Value a Pharmacy

September 23, 2020

Determining the Price of Your Pharmacy 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…

How to Sell a Pharmacy

August 10, 2020

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. In this article we will cover the ten basic steps in the selling process to give you an idea of what to expect. By no means is…

What Not To Do When Valuing a Pharmacy

July 29, 2020

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…