For most small retail businesses, wages represent a significant outgoing. In pharmacy, they represent the largest controllable cost. Good people come at a cost but they, along with the owner, represent the goodwill of the business on a daily basis. The ability to retain good staff is a key success factor in any business. (This
The Covid-19 pandemic will have a direct and lasting impact on businesses of all sizes. While the full effects of the pandemic are yet to be seen, the uncertainty of shifting restrictions and snap lockdowns, are resulting in an incredibly challenging time for small business owners, including pharmacy owners. Over the past few months, we
Location: South Western NSW Reference: #2501 Price: $1.15M DETAILS: This business would be ideal for a pharmacist seeking a ‘tree change’ opportunity in this great country town. The pharmacy provides very good profitability in addition to wages for an owner/operator and the country lifestyle provides a friendly, laid back and relaxing place to live. The
It is surprising how often I come across a situation where a pharmacy business has obviously grown over time and operates from 2 adjoining premises which have been linked by the pharmacist creating a large hole in (or indeed removing) the dividing wall. For a prospective pharmacy buyer looking at buying a pharmacy business operating
Location: NSW North Coast Reference: #2489 Price: $2.825M DETAILS: Coastal Pharmacy - NSW North Coast Located in a strong, large town on the North Coast, this pharmacy is ideally situated in a vibrant commercial precinct surrounded by many retailers. The pharmacy offers consistent revenue and rent at 3%. Open 5.5 days a week. This is
Our long experience tells us that there are five fundamentals that can go wrong in a pharmacy business. One of those is motivation and remuneration of staff - but there is another aspect of the staffing equation: productivity. Any form of retail is a 'people' business, and this is more so in pharmacy where purchasers
Preparing annual financial projections and monitoring for your pharmacy is imperative to fully understand and control your pharmacy business model. Cash flow projections provide pharmacy owners with first-hand insight into the impact of decisions through forecasts that detail their future impacts. These impacts can be positive or negative, allowing you to change your business strategy
Location: Canberra ACT Reference: #8012 DETAILS: This is a rare jewel. Small pharmacy with a big opportunity. Enquire today to make sure you don’t miss out. Please email Prue on prue@pharmacysolutions.com.au for a Confidentiality Agreement. BUSINESS BROKER Peter Marshall, Managing Director Mobile: 0417 721 203 Email: peterm@pharmacysolutions.com.au
Location: Regional WA Reference: #7012 Total Turnover: Approx. $6M DETAILS: This is a rare opportunity to acquire three established pharmacies located in regional Western Australia. It is anticipated that the pharmacies will be sold to one purchaser and presents an excellent opportunity for an entrepreneurial pharmacist / group to expand their portfolio. The combined T/O
In deciding to own and operate a pharmacy business, there is no doubt that the pharmacy owner will have a long-term goal of maximising the value of their business. While pharmacy business owners are typically more comfortable in developing and regularly reviewing short-term business operational and marketing plans to assist in the successful day-to-day operation