THINKING ABOUT PURCHASING A PHARMACY? CALL PRS FIRST!
Purchasing a pharmacy is a big step. We understand how much planning and effort goes into finding the perfect opportunity. Our team has opened, sold and transferred over 500 independent pharmacies since 1982 and we would love to put our experience to work for you! Whether you’re seeking a pharmacy for sale or already in the process of buying one, make PRS your first call for complete pharmacy ownership services.
We guide you through every step of the journey of purchasing a pharmacy from finding one, obtaining financing and negotiating to successfully buying, transferring and operating your pharmacy.
Interested in seeing a current list of our pharmacies for sale?
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We Can Help You Buy a Pharmacy…
- Pharmacy Valuations (Determining Fair Market Value of the Pharmacy)
- Offer to Purchase
- Letter of Intent (LOI)
- Due Diligence
- SBA or Conventional Financing
- Assisting your Legal Counsel on Specific Pharmacy Items that Need to be Included in a Pharmacy Asset Purchase or Stock Sell Agreement for a Smooth Transition of the Pharmacy
- Pharmacy Transition/Obtaining State & Federal Licensing
- Third Party Contract Enrollment
- State and Federal Pharmacy Compliance Requirements
Our Pharmacy Acquisition Process is Proven to be Successful…Here’s Why…
- Our in-house Pharmacy Consultants have expertise in every area of Pharmacy Transitions.
- Legal counsel: We can refer you to legal counsel, or consult directly with your attorney for all legal documents needed for Pharmacy acquisitions.
- Accounting: We can refer you to accountants with knowledge in all accounting systems, retail bookkeeping, financing, and taxes for retail Pharmacies.
- Financing: We have financing consultants who can help you find the perfect financing and get you pre-qualified for the purchase of the Pharmacy.
- Looking for a location to buy? Ask about our Pharmacy Buyer Program that helps market buyers to Pharmacy owners looking to sell their stores in the buyer’s desired location.
- Thinking About Starting a New Pharmacy Instead of Purchasing an Existing One? Our team can discuss your options with you and help you decide what the best course of action is for your circumstances. We have sold, opened or transferred over 500 independent Pharmacies since 1982!
We Have Multiple Pharmacies For Sale In New Mexico and Pennsylvania!
CALL FOR DETAILS!
800-338-3688
ASK FOR JOHN WATKINS
FAQs
At PRS we pride ourselves on being a different kind of Pharmacy brokerage service. We are the only brokerage firm endorsed by NCPA. We cover everything from buying, selling, transferring, opening a start-up and opening an International Pharmacy. We have programs for every situation and we are owned and operated by Pharmacists so we understand what it takes to succeed and the challenges most owners or potential owners are facing in today’s competitive market.
We PROMISE 100% confidentiality and will never share your information with anyone. You can view our signed Non-Disclosure Agreement (NDA) here.
The first thing you need to do is have a Pharmacy Valuation performed to determine if the asking price is fair. Second, partner with professionals that have experience in due diligence, licensing, third-party contracting, letter of intent (LOI), purchase agreements and Pharmacy operations to help ensure a smooth transition.
We PROMISE 100% confidentiality and will never share your information with anyone. You can view our signed Non-Disclosure Agreement (NDA) here.
In a stock purchase the buyer purchases the seller’s share of the corporation’s stock directly, therefore obtaining ownership of the seller’s corporation. The Pharmacy operation remains with the same corporation and FEIN.
In an asset purchase, the seller retains possession of the corporation or LLC and the buyer’s corporation purchases individual assets of the company such as Rx files, equipment, inventory and goodwill.
For a more thorough breakdown, please schedule a consultation with one of our experts.
One of the biggest misconceptions is that a buyer does not have to address licensing and third-party contracting during a stock purchase. Each state Board of Pharmacy determines the definition of “Change of Ownership” differently. In addition, “Change of Ownership” notifications may need to be filed with all appropriate government licensing boards and PBM’s. The complicated rules and laws involving buying, selling, owning, or transferring a Pharmacy are why you should always hire a reputable company to guide you through the process. PRS is the exclusive NCPA endorsed broker.