The unprecedented collapse of world financial markets along with the destruction of a lot of personal wealth certainly took the wind out of the sails of many in 2008! Continual stories of pending doom and gloom paint a less than positive picture for 2009.
What do I think? I am taking a positive view and believe that 2009 will be a year of great opportunity. The pharmacy industry is unique and as we have found in the past, in tough times pharmacy still does well.
There are still plenty of buyers and we are selling businesses so the pharmacy buying/selling market is still strong. Banks have tightened their lending criteria and vendors will need to be realistic when selling as some of the very strong cap rates we achieved in the boom times are no longer being achieved. That said, strong businesses with good bottom lines are highly sought after and we are achieving excellent prices for vendors.
At Pharmacy Solutions we have re-vamped our image and logo and changed our name to Pharmacy Solutions Australia to reflect the national coverage we provide.
We have also re-launched our website which I am sure you will find easy to navigate. Visit the site today and register your details.
Pharmacy Solutions has been successful because of our approach to selling pharmacies. Our reports are professional and an essential part of the selling process. If you are considering selling your business in 2009 please give one of our consultants a call and we will prepare a free market assessment of the price we believe your business would achieve in the marketplace.
We also provide help with negotiating new leases, finding new sites for relocations and general advice to pharmacists considering strategic moves.
Medical centres are another area where we have both ownership and management experience and some of the services we provide in this area are consulting advice, design, fit out, procurement of doctors and management of the medical centre once it is established.
I believe 2009 is going to be an exceptional year. If you want your year to be successful use Pharmacy Solutions Australia to help you get the results you are after. We provide personalised service with a national reach and we get results!
If you are a buyer register your interest today and if you are a seller Pharmacy Solutions Australia will achieve the results you want and I guarantee you will be thrilled with the way we handle the transaction.