Attain Blog: (Page 1)
Issues Related to Buying & Selling a Pharmacy
The Attain Business Brokers Blog is designed to provide commentary on issues related to buying or selling a pharmacy. For many pharmacy owners, the transaction will occur irregularly, so it is important to ensure that you gain an understanding of what's involved. We hope the blog provides some answers to your questions.
Pharmacy Valuations - Understand the Industry
I spoke to a first time pharmacy buyer over the weekend who advised that they were keen to buy a pharmacy in the next 12 months. However they indicated that they were concerned that on prior occasions they proceeded with a valuation of a pharmacy only to find that its value, as determined by the valuer, was different to what they were expecting. While a formal valuation of a pharmacy is a must before settlement, there are alternatives to understanding the value of a pharmacy before placing your offer.
Continue Reading ...Being Commercial About Pharmacy Sales
When looking to buy or sell a pharmacy, it is important to ensure that you have a team of advisers ready to support you through the sale to ensure that you are protected throughout the sale process and at the conclusion of settlement. However, in order to ensure a successful transaction, it is important to ensure that you and your team of advisers maintain commercial awareness throughout the process. This is referred to as being commercial about the pharmacy sale.
Continue Reading ...Pharmacies For Sale
The market for pharmacies for sale remain strong. Demand for businesses is good with buyers having sufficient equity available to complete purchases in the current environment. Banks are lending (as per a previous blog post), and well-priced pharmacies are seeing a quick sale.
Continue Reading ...Event Alert: Pharmacy Snow Business
Medici Capital is once again holding their annual Pharmacy Snow Business at Mt Buller in 2012. As a regular attendee of these conferences, the Attain Business Brokers team have been available to discuss pharmacy sales related issues with pharmacists while enjoying the company of other like-minded professionals in a fantastic location.
Continue Reading ...How Much Should You Pay For a Pharmacy?
The market for pharmacy sales remains strong - with strong performing pharmacies still commanding good prices. However it is important that you understand the underlying value of a business before marking an offer. An assessment from an independent valuer will assist you in gaining an understanding of the market and of the underlying value of the pharmacy you are looking to buy.
Continue Reading ...