Frequently Asked Questions

You cannot sell your pharmacy for the best price unless you know what it is worth. Each pharmacy valuation is individual and dependent on many factors. We value pharmacies every day and there are huge variations dependent on factors such as location, NHS/OTC mix, nursing homes, staffing costs, to name just a few factors. Please contact us for a free no obligation valuation.

We know that for most pharmacy owners confidentiality is crucial and one of the biggest worries during the process of selling the business. We have signed confidentiality agreements with every buyer and will be in control of all communications, so that you are only contacted at times of your choosing and by a method that suits you.

Appointments will be arranged to suit you i.e. outside working hours etc, which will minimise the likelihood of your staff becoming suspicious.

A share sale is where you trade through a limited company and when you come to sell your pharmacy you sell the shares in your company. This is often beneficial to you for tax purposes but you should first take advice from your accountant.

Whilst it is possible to sell a pharmacy within days of it going onto the market, to achieve the best price, serious buyers need to receive and discuss the information provided with their advisers. As a general guide we find 2 to 3 months from the initial marketing of the pharmacy to be the usual time scale for arriving at the sale agreed stage. Thereafter allow another 4-5 months on average for the legal process to complete.

It is possible but fairly unusual for non pharmacists to acquire pharmacies as there are a number of regulatory requirements which have to be met. If you are not a pharmacist the usual way of owning a pharmacy will be through a limited company. This company will then need to appoint a superintendant pharmacist.

Banks will usually lend up to around 80% but it will depend on your circumstances. The first step is to speak to a finance broker who works with all the main lenders for pharmacy and establish what you can borrow and what your additional cost will be for things like bank valuations, solicitors, accountants etc.

Our professional valuation will ensure that your pharmacy is marketed at the correct price to attract maximum interest. From our database of several thousand buyers we will select the best ones for your pharmacy and through our multi-stage bidding system we will ensure you achieve the best price and terms.

Whether you are buying or selling you should establish a good team of specialist pharmacy advisers consisting of: