Buying a pharmacy | Your essential roadmap
30 October 2019
Community pharmacy is a complex business. There are many important considerations to analyse before buying a pharmacy. The Pharmacy market is experiencing many internal and external changes and knowing the key steps involved in purchasing a pharmacy and having the right support during the process is key.
You may be a first-time buyer looking to take advantage of opportunities opening up with changes to contractual arrangements and eager to make a start. Buying the right pharmacy which reflects your intended business model is arguably the most important step in your journey as a pharmacy contractor. With what is a very detailed process it is useful to have the right advisors by your side to ensure you don’t make a mistake.
If you are already a pharmacy contractor and have a business to run you may be aware of many of the nuances of buying a pharmacy but pressed for time to manage the minutiae. The right advisors can take some of the pressure and support you to make strategic acquisitions that will grow the value of your portfolio.
Your road map to buying a pharmacy
Whether first time buyer or empire builder our road map to buying a pharmacy is a useful guide to the step by step process of buying a pharmacy, the key people and organisations involved and the order in which everything should happen.
Starting with finding and assessing the right pharmacy, moving onto sourcing funds, building a business plan and beyond our road map will help you to understand the whole journey, essential if you are to make the right decisions as you proceed.
Feel free to download your copy of our roadmap to buying a pharmacy.
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Pharmacy Seekers – Experienced pharmacy professionals to support your pharmacy purchase
To help you succeed at each step of the road map our team at Pharmacy Seekers have unparalleled experience over decades, working in operational, financial, developmental and leadership roles within the pharmacy profession.
- We provide a supported purchasing process
- We provide end to end support – from decision to purchase to completion
- You will receive director level contact and assistance throughout
- We are the pharmacy specialists and don’t get distracted with work in other sectors
- We can help you prepare your business plan and financial application for funding
- We have an extensive associate network to assist with developing your pharmacy
If you need some informal advice now about buying a pharmacy contact steve@pharmacyseekers.com or chris@pharmacyseekers.com