Chains are experts in devaluation and shifting risk. We know through experience how chains operate. We also know what chains have paid for pharmacies all across the country and what they should be willing to pay for your pharmacy. We tilt the playing field in your favor by knowing how to play and win their game.
You get what you pay for. Your wholesaler’s focus is to keep the business. Our focus is to get you the highest price. The value we bring to the transaction is in the selling process. We create a healthy competitive tension among multiple buyers in a short window of time to drive value and get you the highest possible price. Selling your pharmacy through any party whose fiduciary duty is to someone other than you will limit your pool of buyers and decrease your eventual selling price.
Many so-called brokers and consultants are not legally licensed to buy or sell a pharmacy. This can result in a deal not closing or possible legal ramifications, which could be disastrous for your pharmacy business. With Pharmacy Consulting Broker Services, you will be working with a fully licensed business broker, who is a registered pharmacist and a pharmacy industry specialist, legally licensed to sell a business.
Pharmacies in similar areas with similar gross sales and net profit may sell for a big difference in price. The key to getting you the highest price is to match the ideal buyer for your unique situation. Often, brokers are not interested in finding that type of buyer, rather they go for the quick commission or “slam dunk” sale to the closest chain. It is our fiduciary responsibility to do all that we can to deliver the maximum value. We are unlike any pharmacy broker or pharmacy consultant. At Pharmacy Consulting Broker Services, we have national affiliations and corporate contacts that you do not see with many small firms. It costs you nothing extra, but can net you a big savings in the end. Please give us a call to discuss your situation and let us get you the highest value for your business.
Broker fees are negotiable. We will look at each pharmacy on an individual basis. After we determine the scope of services, we will openly discuss our process and come to an agreement on a fee that is fair. We can assure you that our fees are extremely competitive compared to other brokers or consultants, and we believe our services and the value we bring to the process are second to none.
They can, but we do not recommend it. The reason is simple. You may have the top accountant or attorney in your state, but chances are they have never sold a pharmacy. There are parties out there that are experts at devaluing pharmacies. Pharmacy Consulting Broker Services will work with your accountant and attorney to provide professional and confidential representation from start to finish, netting you the highest value for your pharmacy. We are pharmacy experts and can advise on such topics as HIPAA, Board of Pharmacy rules and regulations, DEA issues, patient data transfer, and more. We will work with you as a key part of your team in this process to assure a smooth transaction with the least amount of stress.