Like with any business you probably have spent countless hours growing your pharmacy and climbing uphill battles. Selling is a big decision and is often filled with a high level of emotions. Your pharmacy is not only an investment, but many times represents who you are.
The good news is you have options. Pharmacies are recession resistant and essential. Many prospects find them to be attractive investments. Investors and entrepreneurial pharmacists want to get into the business.
As such you do not have to settle for selling (or many times salvaging) your prescription files and inventory to one of the major chain pharmacies or big box stores. There is more value in your business besides having a discounted dollar amount assigned to the number of retail prescriptions you process every day. There is value in other areas of your pharmacy such as compounding, ALF and group home prescriptions, mail order (out of state Rx’s) and your front-end sales. Moreover, keeping your business independent keeps your legacy alive and often will help you realize a higher sale price. Sell your pharmacy to an independent buyer.
Qualified buyers are out there but you need to know how to find them. How to vet them and most importantly make sure they have the money to buy your business. At the same time, you want to keep the sale confidential, so your employees and customers do not get shocked and leave! You also need to keep your focus on the day to day operations and continue running your business at an optimal level.
If you are tired of dealing with declining reimbursements, unfair audits, DIR Fees, having your customers sent to your competitors own mail order pharmacy etc… Then let’s set up a quick call to discuss further.
Suncoast Business Consultants will help you with the valuation, packaging, confidential marketing, and successful sale of your pharmacy. Our selling process and solid relationships help get your business in front of many potential buyers. This way you have the best chance of getting to the finish line as quickly and efficiently as possible.
AND… walking away with the most amount of money.
We also sell medical practices and clinics.
Our team can sell your medical clinic in Miami as well as medical practices throughout all of South Florida
Call or Email – for more information.
Independent Pharmacy Broker – Specialist (Lic. Realtor)