The Pharmacy Seller's Book
Selling Your Pharmacy For All It’s Worth, by Anne Hutchings
“Owning a pharmacy can be a stressful business… selling one can be even more so. Anyone who owns a pharmacy will, at some point, start to think about selling it. This is a huge step and one of the most important a pharmacist is ever likely to make. Since most pharmacists only sell a business once it is something they need to get right first time…“
Every pharmacy sale that Hutchings takes on, is personally overseen by Anne Hutchings, Managing Director or Scott Hayton, Director. Our team of experienced pharmacy consultants, will always meet and spend time with the pharmacy owner to talk about requirements, expectations and discuss the pharmacy in detail so that we have a full understanding of the business before we proceed
A guide to selling your pharmacy and how we can help, starting with your free valuation
Formal Written Valuations Service for a variety of purposes
Guidance and Resources for those looking to acquire a Pharmacy Business
At Hutchings we take a personal approach with each of our clients, taking the time to listen to your objectives and plan the right approach for your circumstances. Most sales we deal with are handled in a confidential manner at our client’s request. You can read about our ethical values and some of the charities we work with on our contact the team page.
The pharmacies, which we value, sell and act as sales agent for, typically range from approximately £300,000 turnover, through to groups of around £100M turnover. Hutchings Consultants only deal with pharmacies, so we consider ourselves to be true experts in this field. We have many years of experience in the market and a long standing relationship (since 2005) with the National Pharmacy Association. We are recommended by the NPA to its members for all matters relating to the selling and buying of pharmacy businesses, across England, Wales and Scotland.
We are currently the only NPA partner supplier to reach Platinum Status and carry out several hundred pharmacy valuations and sales across the UK each year, so we are familiar with the prevailing market conditions and realistic goodwill values. The company’s historic background is also in tax and accountancy, specialising in the pharmacy sector, and this additional expertise gives us a comprehensive understanding of pharmacy profitability and valuation and puts us in a unique position to offer our clients quality advice when it comes to selling their pharmacy business.
“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