Chains are experts in devaluation and shifting risk. We know first-hand 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. By introducing competition in the bidding process, we often see independent buyers make chains pay more or independent buyers outbidding chains.

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.

The pharmacy valuation process is an extremely valuable asset to the pharmacy owner. Whether you require a simple market analysis or a full appraisal, Pharmacy Consulting Broker Services will guide you in determining your true value before setting a price. Determining your pharmacy value is essential and should be done before talking to or sharing information with any potential Buyer.

Dealing directly with your wholesaler or chain representative will not yield the highest sale price. An experienced broker brings value to the selling process by creating a healthy competitive tension among multiple buyers in a short window of time to increase the value of your pharmacy and get you the highest possible price. Selling a 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 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 directly with Dan Lannon, who is our President and CEO and is a fully licensed and insured business broker, registered pharmacist and pharmacy industry specialist, legally licensed to sell a business.

At Pharmacy Consulting Broker Services, we know that the key to getting the highest price for your pharmacy is to maximize the number of potential buyers while representing your interests. With proprietary marketing techniques, we are able to discreetly seek out, match and qualify buyers for your pharmacy.

The process starts with a free, confidential, no obligation phone call. Next, we determine the value of your pharmacy. Knowing your value is a critical step to sell a pharmacy at the highest price. Once the sale price range is acceptable, we will proceed to the marketing phase. We will compile all your information to professionally and confidentially present to potential buyers.

Successful pharmacy owners know they need to always keep an eye on the bottom line. Pharmacy Consulting Broker Services reviews financial information and wholesaler contracts for pharmacies all across the country and would be happy to provide you with a free review of your pharmacy. This can help you make more money immediately as well as creating future value if and when you decide to sell your pharmacy.