In some states, as little as 30% of pharmacy owners are utilising the benefits of a pharmacy accountant. This can be problematic for several reasons and costly if the right advice is not being sought. Given the highly competitive environment that pharmacies operate in, it is crucial for pharmacy owners to engage a pharmacy specific
Location: Inner North West Sydney Reference: #2531 Price: $1.5M DETAILS: THIS BUSINESS IS GROWING RAPIDLY! This is a rapidly growing suburban pharmacy, located in a well-connected upper middle class suburb in north-west Sydney, approx. 18 kilometers from the Sydney CBD. The current lease is coming to an end, and the vendor has negotiated a new
This is a very good business opportunity to own exceptionally high performing pharmacies located in low competitive environments. Buyers need to be experienced, highly sophisticated and able to complete a transaction up to $10M. Please email Prue on prue@pharmacysolutions.com.au for a Confidentiality Agreement. Please do not enquire about this opportunity unless you meet the criteria above. However, we
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