MAJOR CHANGES AND IMPACT ON QUEENSLAND PHARMACY OWNERS Written by: Lachlan Ballinger, Managing Director, Yield Advisory In December 2023, the Queensland Government took a significant step by introducing a Bill that brings substantial changes to the Pharmacy Business Ownership Act. This new legislation, which has been in the works for five years, aims to refine
Location: Regional WA - Coral Coast Reference: #7023 For sale by Expressions of Interest DETAILS: This is an opportunity to acquire a thriving pharmacy business located in a bustling retail precinct along the Coral Coast in Western Australia. Situated in a popular coastal town with a strong tourism industry and operating 5.5 days per week,
Location: Southern Tasmania TAS Reference: #6036 Pharmacy Price: $3,025,000 DETAILS This single pharmacy town is located in picturesque southern Tasmania. Open 5.5 days per week, the purchaser of this well-established pharmacy will benefit from a healthy work / life balance while being less than an hour away from beautiful Hobart. The pharmacy averages approx. 190
Location: South Sydney NSW Reference: #2580 Pharmacy Price: $4,250,000 DETAILS This long-standing suburban strip pharmacy is located in the Sutherland Shire, south of the Sydney CBD, and is prominently positioned within a busy retail precinct. The business has consistently achieved year on year growth, and is on track for $5.3m revenue in FY2024. With a
Location: South Canberra ACT Reference: #8021 Pharmacy Price: $4,250,000 DETAILS Just released to the market is the opportunity to purchase a pharmacy in the tightly held Canberra region. Pharmacy Metrics: FY 24 Projected Income - Circa $4.5M FY 24 Projected Scripts per day - 250+ Located in a busy Shopping Centre Please email Prue (prue@pharmacysolutions.com.au) for
Location: Fraser Coast Region of QLD Reference: #5962 Sale Price: $300,000 DETAILS: This is a fantastic opportunity, at a low price entry point, to acquire a small pharmacy in a lovely rural setting within a short driving distance of a major QLD regional city. The pharmacy currently only trades 20 hours per week, providing an
Reference: Rural QLD Pharmacy for Sale (#5893) Price: For Sale by Expressions of Interest - All offers will be considered!! The vendor is very motivated to sell and will consider all offers!!! Now is the time to make the move to this beautiful rural town and also be your own boss, all at a terrific
Location: North Canberra ACT Reference: #8018 Pharmacy Price: $1,750,000 DETAILS This is rare opportunity to purchase a pharmacy in the tightly held Canberra region. Pharmacy Metrics: FY 23 Income - Circa $1.8M Commencement Rent - Approx. 2.8% of T/O The freehold is vendor owned and can be purchased contemporaneously with the pharmacy, which presents the
Since the announcement of the 60-day dispensing policy, pharmacy owners have sought my advice on how they should modify their businesses to reduce impacts. Is the answer in a brand's operating model? Could customer behaviour be influenced to minimise dispensary income loss? Would a concerted effort to upweight front of shop sales be the saving
Location: South Burnett Region QLD Reference: #5986 For Sale by Expressions of Interest DETAILS This single pharmacy town is located in the South Burnett region in QLD with the nearest pharmacy approx. 15 kms away. The pharmacy is ideally located on the main street in town in a prime location surrounded by many other retailers.