UK Pharmacy Sales and Valuations

Selling your pharmacy for all it's worth by Anne Hutchings


 

“A ‘must read’ for anyone wanting to sell their pharmacy business.”

Bharat Shah, Sigma Pharmaceuticals

 

“An invaluable guide. I wish such a reference had been available when I sold my business.”

Laurence Tressler, Tressler Pharmacy, Coventry


Buy Now

Hutchings Consultants are the largest independent agents dealing exclusively with UK pharmacy sales and valuations.

If you are thinking of selling your pharmacy we can offer you;

Successful Pharmacy Sales

Hampshire Pharmacy Group Sale

Hampshire pharmacy group sold through Hutchings Consultants Ltd to a locally based group owner. After making their decision to retire, we
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Hampshire Pharmacy Group Sale

Pharmacy Sale – A Weir, Scotland achieved £1.46 in the £

Successful pharmacy sale in Scotland achieved 32% over the asking price equating to £1.46 in the £ A Weir Pharmacy is
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Pharmacy Sale – A Weir, Scotland achieved £1.46 in the £

Successful Health Centre Pharmacy Sale, Bridge Cottage, Hertfordshire

How a Health Centre Pharmacy successfully increased the goodwill value by £500,000 before going on the market Bridge Cottage Pharmacy, co-located
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Successful Health Centre Pharmacy Sale, Bridge Cottage, Hertfordshire

Lancashire pharmacy sale added £400k to the value by using Hutchings

Michael, owner of a pharmacy group in Lancashire, contacted us in March 2014 as he’d decided it was the right
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Lancashire pharmacy sale added £400k to the value by using Hutchings

Harborough Field Pharmacy, Northants

Harborough Field Pharmacy opened in 2006 and was in a prominent position at the front corner of Harborough Field Health
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Harborough Field Pharmacy, Northants

Keencare Pharmacy, Greater London (Branches in Harrow & Victoria)

When the Shah Brothers were planning for their retirement, they realised that the time would soon come to think about
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Keencare Pharmacy, Greater London (Branches in Harrow & Victoria)

D & A Mackinnon & SHC Shares, Pharmacy Sale Edinburgh

Donald had been so impressed with the way we handled the sale of his pharmacy that in 2011 he contacted
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D & A Mackinnon & SHC Shares, Pharmacy Sale Edinburgh

R S Marsden (Chemist) Ltd, North Yorkshire

Richard Marsden contacted Anne Hutchings, Managing Director at Hutchings in May 2012 because he was concerned over the sale of
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R S Marsden (Chemist) Ltd, North Yorkshire

“The sale was a very smooth process and the price achieved was £150,000 more than I’d been offered privately, so the fees were small in comparison to the increase in price achieved. The added bonus of the accountancy and tax advice was also beneficial to the sale.”

Mrs J Forrester, Ranmoor Pharmacy, Sheffield

“I was delighted to receive 18 offers. Hutchings handled these very efficiently and after negotiations, managed to secure an agreed price which was 41% more than the market price. Hutchings are with you every step of the way delivering a confidential and unrivalled personal service.”

Mr C Richardson, Richardsons Chemist, Northampton


Six steps to a successful pharmacy sale

START
Specialist Valuation

1 Specialist Valuation

Your first key step when selling your pharmacy, is knowing what it's worth? You provide some key information and our expert valuers will put a guide price on your pharmacy.

Confidential Meeting

2 Confidential Meeting

You will meet with our specialist pharmacy sales consultant away from your staff and discuss your pharmacy and plans in detail. Here is where you will learn about the pharmacy marketing, sales process and typical time lines.

Prepare Sales Literature

3 Prepare Sales Literature

At this stage we will compile comprehensive financial and business information into the pharmacy sales pack. This will make your business attractive to serious buyers.

Identify Quality Buyers

4 Identify Quality Buyers

Your pharmacy will be confidentially introduced to carefully vetted buyers from our extensive database. Hutchings have the largest specialist database of pharmacy only buyers in the UK.

Competitive Offers

5 Competitive Offers

It is normal to receive multiple offers when selling a pharmacy and Hutchings unique multi-stage bidding process ensures you will get the best possible price. The successful buyer pays a deposit to demonstrate their commitment to follow through with the purchase.

The Legals

6 The Legals

We guide the sale and hold your hand to completion. Details such as freehold negotiation, change of NHS ownership and a myriad other details all need to be ironed out, and then your pharmacy sale is completed.

COMPLETION

 

“Our sale was handled brilliantly. It was kept completely confidential, only informing buyers on a need to know basis. I highly recommend to anyone thinking of selling to use Hutchings. It was money well spent.”

Mr U Rattan, Rattan Pharmacy, East London

“Using Hutchings allowed me to get on with running the business. They kept the sale confidential, they were good at moving things forward and the price achieved was an excellent uplift.”

Mr R G Turnbull, R G Turnbull, Berwickshire