The pharmacy industry has been faced with a wide variety of challenges over the past few years, and as a result we are seeing a lot of change take place across the industry. Intense competition and limited supply of pharmacies means that the road to pharmacy ownership is now tougher than ever. So, the question
Location: Sydney Eastern Suburbs Reference: #2519 Price: $2.75M DETAILS: This long established pharmacy is in the Sydney Eastern Suburbs and is ideally located on a busy main road alongside many other Doctors and Allied Health Providers. It is the only pharmacy located within this suburban retail strip. The location offers high levels of foot traffic
Location: Perth Metro Reference: #7015 Sale Price: $1.2M DETAILS: This is an excellent opportunity to acquire a well-established metro pharmacy located in the south-eastern suburbs of Perth. The pharmacy is ideally located in a strip shop location and has been in operation for many years. It is open 6 days per week. We have an
Location: Mid North Coast Region NSW Reference: #2516 Price: $950,000 DETAILS: Located in a NSW township on the Mid North Coast, this pharmacy has been operated by the current owners since 2014. The location offers a great work/life balance, especially for people who love the outdoors, with the beautiful river nearby and great beaches only
Your commercial lease is one of the most important business contracts you’ll ever sign. Unless you own the site, if you don’t have a lease you don’t have a pharmacy. It’s more important than a sale contract because, once you’ve paid for the pharmacy, the lease is the necessary contract which creates the value -
Given the significant sale prices being achieved for pharmacy businesses and the increasing complexity associated with being a proprietor of a retail business, where should a pharmacist start if considering to buy a pharmacy outright or in partnership with another pharmacist? Key Points Below are some key points for a buyer to consider in order
As we near the end of 2021, we look back at what has been an interesting and challenging year for some in the pharmacy industry. Pharmacy owners have been faced with a wide variety of challenges over the course of 2021 and we have seen a lot of change take place in the industry. Now
A pharmacist looking to sell or buy a pharmacy business is commonly asked to sign a heads of agreement as a pre-cursor to signing a formal contract of sale of business. A heads of agreement document is an example of a "preliminary agreement", which may also be described by many other names including a "letter
Location: NSW Central Coast Reference: #2510 Price: $2.55M DETAILS: This opportunity is a great return on investment! You will only be paying a very low multiplier on earnings for this business, and your investment will be fully paid off in just over four (4) years! This profitable community strip pharmacy is located on the NSW
Understanding how banks think and behave - and what they look at in a business - is essential for pharmacy owners, says Sigma Financial Services. Proper financing, and an understanding of how banks think and behave, is essential to the survival of your pharmacy business. It is during the good times that you build your