How to value your pharmacy

Your first step to selling your pharmacy starts here. In order to accurately value your Pharmacy, we will need the following information,

Three Years Accounts

Latest Management Accounts

12 Months NHS Statements (all pages)

12 Months VAT Returns

A copy of the existing Lease or Freehold valuation

Staff details including roles, working hours and rates of pay

WHAT YOU SHOULD CONSIDER:

Company or Assets Sale

It’s important you take the appropriate advice from your Accountant on what you are selling, the Assets, Goodwill etc or the Shares in the Company.

Leasehold

If your premises are leasehold does your lease have a minimum of 10 years unexpired? Ideally, we would like to see 15 years as this will allow a purchaser to raise as much finance as possible. The longer the lease the better.

Staff

Make sure all your staff have up to date, signed contracts. Any sale will mean staff are transferred to the new owners under TUPE regulations with the exception of the owners/directors.

Download these details and get started

Work with the pharmacy specialists

All of this may seem like a lot of work but Pharmacy Seekers can assist you with many of these tasks. You will want the best price for your pharmacy and preparation is the key to promoting and subsequently selling your pharmacy.

If you need some informal advice now about selling your pharmacy contact steve@pharmacyseekers.com or chris@pharmacyseekers.com